CarMax 1st-Q earns fall, still tops view
Publication date: Mon, 06/29/2009
Auto retailer CarMax Inc. said its fiscal 1st-Q profit fell 2.7% on a double-digit sales drop & increased costs at its auto financing arm, but the results still beat Wall Street expectations. Its shares rose over 14% in morning trading. The Richmond-based company, which operates 100 stores, earned $28.7M, or 13
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