Used car retailer CarMax's first-quarter profit falls
June 21 (Reuters) -CarMax KMX.N reported a 32.6% dip in its first-quarter profit on Friday, as lower margins from vehicles sold continued to impact the used-vehicle industry.
The company reported a net income of $152.4 million or 97 cents per share in the quarter ended May 31, compared with $228.3 million or 144 cents per share a year ago.
Reporting by Nathan Gomes and Abhinav Parmar in Bengaluru; Editing by Mrigank Dhaniwala
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