CarMax, Inc. today reported results for the fourth quarter and fiscal year ended February 29, 2024.
Fourth Quarter Highlights:
Net revenues were $5.6 billion, down 1.7% compared with the prior.
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Used vehicle retailer CarMax Inc. announced Thursday a profit for fourth quarter that decreased 27 percent from last year, hurt by lower gross margins amid the decrease in average selling price in retail and wholesale.
CarMax, Inc. (NYSE:KMX) today reported results for the fourth quarter ended February 29, 2024.
Fourth-Quarter net revenues were $5.6 billion, down 1.7% compared with the prior-year fourth quarter.
The company also delivered solid margins in .