CarMax, Inc. : CarMax, Inc: Fallen angel, attractive valuation - InvestingChannel

CarMax, Inc. : CarMax, Inc: Fallen angel, attractive valuation

If the growth trend remains positive – sales triple in ten years, from $11 billion to $30 billion – profitability is going through a serious air pocket, since net income is back to its 2013-2014 levels.
The reasons for this are: a drop in like-for-like sales, linked among other things to the emerge…
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