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CARmax® NEWS RELEASE CarMax Reports Second Quarter Fiscal 2022 Results 9/30/2021 RICHMOND , Va .-- ( BUSINESS WIRE ) -- CarMax , Inc. ( NYSE : KMX ) , the nation's largest and most profitable retailer of used cars , today reported results for the second quarter ended August 31 , 2021 . Highlights : Record net revenues of $ 8.0 billion , up 48.7 % compared with the prior year second quarter . • Sold 419,895 units through our retail and wholesale channels combined , up 19.9 % from the prior year quarter , primarily driven by strong demand for used autos and solid execution supported by our omni channel experience . ● ● o Retail used unit sales increased 6.7 % to a second quarter record of 231,797 vehicles and comparable store unit sales increased 6.2 % compared with the same quarter a year ago . o Wholesale units increased 41.4 % to 188,098 vehicles from the prior year second quarter , an all - time high quarterly record . Bought 364,263 vehicles from consumers in the second quarter , a 59 % increase versus the prior year quarter . Approximately 188,000 vehicles bought in the quarter were purchased from consumers through our nationwide online instant appraisal offerings . • Gross profit per retail used unit was $ 2,185 , in - line with historical performance and down slightly from the second quarter last year . Wholesale gross profit per unit was $ 1,005 , an $ 81 per unit decrease when compared with the second quarter last year . • CarMax Auto Finance ( CAF ) income increased 35.9 % to $ 200.0 million due to higher net interest margin and an increase in average managed receivables . 1