CarMax's fourth-quarter profit falls 27.2%-February 2024-www.financetom.com

CarMax's fourth-quarter profit falls 27.2%

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CarMax's fourth-quarter profit falls 27.2%

Apr 11, 2024 4:08 AM

April 11 (Reuters) - Pre-owned vehicle retailer CarMax ( KMX )

posted a lower fourth-quarter profit on Thursday, hurt

by decreased profitability from units sold.

Net income in the quarter ended Feb. 28 fell to $50.3

million, or 32 cents per share, compared with $69 million, or 44

cents per share a year ago.

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