07:27 AM EDT, 04/11/2024 (MT Newswires) -- CarMax ( KMX ) reported fiscal Q4 net earnings Thursday of $0.32 per diluted share, down from $0.44 a year earlier.

Analysts polled by Capital IQ expected $0.45.

Net sales for the quarter ended Feb. 29 were $5.63 billion, down from $5.72 billion a year earlier.

Analysts surveyed by Capital IQ expected $5.81 billion.

Shares of CarMax ( KMX ) were down more than 7% in recent Thursday premarket activity.

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