Carmax reports first quarter fiscal year 2025 results

Richmond, va.--(business wire)--carmax, inc. (nyse:kmx) today reported results for the first quarter ended may 31, 2024. first quarter highlights: retail used unit sales decreased 3.1% and comparable store used unit sales decreased 3.8% from the prior year's first quarter; wholesale units declined 8.3% from the prior year's first quarter, impacted by lower year-over-year seasonal appreciation. delivered strong margins in retail, wholesale, and extended protection plans (epp). gross profit per r.
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