CarMax's third-quarter profits rise on higher used-car volume, financing

CarMax credited the rise in its third-quarter unit sales on “improved execution in our stores and an attractive consumer credit environment, as well as a modest increase in store traffic.” (BLOOMBERG)

December 20, 2013 05:00 AM

CarMax Inc.’s third-quarter net profits rose on increased used-car sales and higher income at its captive finance company.

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