CarMax Auto Dealership. CarMax is the largest used and pre-owned car retailer in the US.

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CarMax (NYSE:KMX) traded higher on Friday after topping estimates on both lines of its FQ1 earnings report.

Revenue was down 17.4% during the quarter to $7.7B. The Richmond, Virginia-based company said it believed vehicle affordability challenges continued to impact unit sales performance as headwinds

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