(Reuters) – Pre-owned vehicle retailer CarMax posted a lower fourth-quarter profit on Thursday, hurt by decreased profitability from units sold.
Net income in the quarter ended Feb. 28 fell to $50.3 million, or 32 cents per share, compared with $69 million, or 44 cents per share a year ago.
(Reporting by Nathan Gomes in Bengaluru; Editing by Pooja Desai)
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