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Used car chain CarMax's 2Q profit up 10 percent

2014-09-23 20:41:32| Auto Dealers - Topix.net

Used car dealership chain CarMax Inc.'s profit jumped 10 percent in its fiscal second-quarter despite slowing sales at stores open at least one year. Its earnings missed Wall Street expectations, and the company's shares fell more than 7 percent in morning trading Tuesday.

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