CarMax third-quarter profit more than doubles

AutoNation

21/12/2023 11:53

Dec 21 (Reuters) - Pre-owned car retailer CarMax  KMX.N 
on Thursday posted a higher third-quarter profit after
previously implemented cost cuts helped it offset headwinds from
lower demand.  
    The company posted a quarterly profit of $82 million, or 52
cents per share, for the quarter ended Nov. 30, compared with
$37.6 million, or 24 cents per share, a year ago

 (Reporting by Nathan Gomes in Bengaluru; Editing by Maju
Samuel)
 ((Nathan.Gomes@thomsonreuters.com;))