Carmax reports fourth quarter and fiscal year 2023 results

Richmond, va.--(business wire)--carmax, inc. (nyse:kmx) today reported results for the fourth quarter and fiscal year ended february 28, 2023. highlights: carmax's share of the nationwide age 0-10 year old used vehicle market remained at 4.0% in calendar year 2022. gains in the first half of the year were offset in the back half, reflecting our focus on achieving profitable market share gains. net revenues were $5.7 billion, down 25.6% compared with the prior year fourth quarter.
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