CarMax swings to profit
CarMax Inc. , the No. 1 US retailer of used cars, said Friday that it swung to a third-quarter profit of $74.6 million, or 33 cents a share, from a loss of $21.9 million, or 10 cents a share, in the year-earlier period.
CarMax, the large, national, no-haggle, used-car retailer, is set to open tomorrow, Wednesday, in Urbandale.