“CarMax Q4 net income dips 27% to $50M 😕💸 as revenue falls 1.7%. Despite a slight increase in retail used vehicle sales, same-store used-vehicle sales remain stable 📉🚗 #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.