Auto retailer CarMax says its fiscal first-quarter profit fell 2.7 percent on a double-digit sales drop. Its results still beat Wall Street expectations.
Richmond, Virginia-based Carmax Inc. said Friday it earned $28.7 million, or 13 cents per share, in the three months ended May 31. That's down from $29.6 million, or 13 cents per share, a year ago.
The latest results include a …
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