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CarMax Nov. same-store sales up, sees flat Q3
RICHMOND, Va., Dec 5 (Reuters) - Used car retailer CarMax Inc. (NYSE:KMX - News) on Thursday said it is on-track to achieve its quarterly earnings forecasts after it reported a 5 percent rise in sales at stores open at least a year.
The company, based in Richmond, Virginia, said in a statement overall sales for the quarter climbed 10 percent to $936.8 million.

Excluding items, CarMax said it expects third-quarter earnings to be roughly flat compared with the 17 cents per share reported in the prior-year period. Items for the quarter are forecast to include 5 cents per share in charges for its separation from Circuit City Stores Inc. (NYSE:CC - News)

Wall Street analysts expect the company to report earnings of 17 cents per share, according to research firm Thomson First Call.

Shares of CarMax closed at $19.78 Wednesday on the New York Stock Exchange.