Used car retailer CarMax reported a nearly 9% increase in fiscal fourth-quarter revenue on Friday but results still fell short of expectations. CarMax reported profit of $99.2 million, or 44 cents a share, on revenue of $3.08 billion for the quarter — coming in below analyst forecasts of earnings of 53 cents a share on revenue of $3.12 billion, according to Thomson Reuters. The company attributed the weaker-than-expected results to an accounting correction that cut earnings by $0.08 a share.
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