CarMax, Inc. (NYSE: KMX) reported fourth quarter 2023 earnings results today.
Net revenues were $5.7 billion, down 25.6% compared to the prior-year quarter.
Net earnings dropped more than 50% to $69 million, or $0.44 per share, compared to last year.
Combined retail and wholesale used vehicle unit sales were 290,214, down 15.5% from the year-ago quarter.