CarMax Q4 net income slips 27% to $50M; revenue falls 1.7%

“CarMax Q4 net income dips 27% to $50M πŸ˜•πŸ’Έ as revenue falls 1.7%. Despite a slight increase in retail used vehicle sales, same-store used-vehicle sales remain stable πŸ“‰πŸš— #BusinessNews”

The company sold 172,057 retail used vehicles in its fiscal fourth quarter, up 1.3 percent from the year-earlier period. Same-store used-vehicle sales rose 0.1 percent.

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