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CARmax® NEWS RELEASE CarMax Reports Third Quarter Fiscal 2022 Results 12/22/2021 RICHMOND , Va .-- ( BUSINESS WIRE ) -- CarMax , Inc. ( NYSE : KMX ) , the nation's largest and most profitable retailer of used cars , today reported results for the third quarter ended November 30 , 2021 . Highlights : • Record net revenues of $ 8.5 billion , up 64.5 % compared with the prior year third quarter . • Net earnings per diluted share of $ 1.63 , up 14.8 % from a then - record $ 1.42 per diluted share a year ago . o Net earnings per diluted share for the current year's quarter included a one - time benefit of $ 0.10 in connection with the receipt of settlement proceeds in a class action lawsuit . • Sold 415,054 units through our combined retail and wholesale channels , up 29.3 % from the prior year quarter , primarily driven by solid execution , the growing demand for our online offerings , ramping inventory and staffing levels , and the continued success of vehicle sourcing directly from consumers . o Retail used unit sales increased 16.9 % to a third quarter record of 227,424 vehicles , and comparable store used unit sales increased 15.8 % . o Wholesale units increased 48.5 % to 187,630 vehicles , also a third quarter record . ● ● Bought 383,215 vehicles from consumers in the third quarter , a 91 % increase versus the prior year quarter . Approximately 194,000 of these vehicles were purchased through our nationwide online instant appraisal offerings . Gross profit per retail used unit of $ 2,235 and gross profit per wholesale unit of $ 1,131 , representing 1