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CarMax tops 1Q profit forecasts, but revenue disappoints
2015-06-19 19:25:56| Auto Dealers - Topix.net
CarMax, the chain of used car dealerships, reported better-than-expected earnings in its fiscal first-quarter, but its sales growth came up short as used car prices slipped. The Richmond, Virginia-based company reported net income of $182 million, or 86 cents per share, topping Wall Street expectations.
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Category:Automotive
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