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Kroger & CarMax Boost Equities With Strong Earnings Beats

The retail and auto sectors received a boost thanks to impressive earnings from Kroger and CarMax. Kroger posted a 3.2% rise in same-store sales and raised its full-year guidance, fueling a ~9% stock jump. CarMax saw a 42% increase in EPS, underpinned by used-vehicle sales that grew 9%, sending its shares up ~6%.

By Sultan Sikander | June 21, 2025 | 0 Comments