CarMax's fourth-quarter profit falls 27.2%

AutoNation

11/04/2024 11:53

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

 (Reporting by Nathan Gomes in Bengaluru; Editing by Pooja
Desai)
 ((Nathan.Gomes@thomsonreuters.com;))