BUSINESSJun 18 · 13:10 UTCQUARTZColleen Cabili

CarMax beat earnings estimates but is facing falling used-car margins as new CEO unveils growth strategy

CarMax exceeded earnings estimates but experienced a $230 decrease in gross profit per retail used vehicle compared to last year's record. CEO Keith Barr introduced a four-pillar growth strategy to boost units and earnings.

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CarMax Inc.organizationKeith BarrpersonEarnings Estimatestopicused-car marginstopicgrowth strategytopic

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