CarMax Slips as Used Vehicle Sales Keep Falling Amid Turnaround
CarMax Inc.’s shares dropped after same-store sales and used-car profits declined for a fourth straight quarter, raising questions about the durability of its turnaround effort.
By Rachel Phua · Bloomberg Markets
CarMax Inc.’s shares dropped after same-store sales and used-car profits declined for a fourth straight quarter, raising questions about the durability of its turnaround effort.