UPDATE 2-CarMax says weather weighed on quarterly profit

Newswire

(Adds stock price in final paragraph) DETROIT, March 31 (Reuters) - Auto retailer CarMax Inc. on Monday said its fourth-quarter net earnings were essentially flat over a year ago, as harsh winter weather hurt sales, but issued an upbeat forecast for the first quarter. In trading early on Monday on the New York Stock Exchange, CarMax shares were up 47 cents or 3.31 percent at $14.66. CarMax said it earned $19.1 million, or 18 cents per share in the quarter ended Feb. 28, vs. $18.4 ...

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