CarMax’s stock jumps after profit beat expectations, while sales fell short
Shares of CarMax Inc. KMX, -2.58% rallied 5.2% toward a three-month high in premarket trading Thursday, after the used car seller reported fiscal third-quarter profit that beat expectations, overshadowing a sales miss as vehicles sold and average prices fell. Net income for the quarter to Nov. 30 jumped to $82.0 million, or 52 cents a…