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America's Car-Mart Reports Third Quarter Fiscal 2024 Results
Newsfilter· 2024-03-08 13:00
ROGERS, Ark., March 08, 2024 (GLOBE NEWSWIRE) -- America's Car-Mart, Inc. (NASDAQ:CRMT) ("we," "Car-Mart" or the "Company"), today reported financial results for the third quarter ended January 31, 2024. Third Quarter Key Highlights (Q3 FY24 vs. Q3 FY23, unless otherwise noted) Completed implementation of updated loan origination system (LOS)Q3 revenue was $299.6 million, down 7.9%Total collections increased 9.3%Allowance for credit loss adjusted to 25.74%, down sequentially 30 bpsNet charge-offs as a % of ...
Car-Mart(CRMT) - 2024 Q3 - Quarterly Results
2024-03-07 16:00
EXHIBIT 99.1 Third Quarter Key Highlights (Q3 FY24 vs. Q3 FY23, unless otherwise noted) "We continue to navigate a challenging macro environment facing our customers and remain focused on their success. While sales volumes fell short of our expectations during the quarter, they are not reflective of the efforts put forth by the team. I am encouraged by our continued progress during the quarter in gross profit, credit losses, and initial results generated by our loan origination system. We have implemented s ...
Car-Mart(CRMT) - 2024 Q2 - Quarterly Report
2023-12-07 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number: 0-14939 AMERICA'S CAR-MART, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of in ...
Car-Mart(CRMT) - 2024 Q2 - Earnings Call Transcript
2023-12-05 19:41
America's Car-Mart, Inc. (NASDAQ:CRMT) Q2 2024 Earnings Conference Call December 5, 2023 11:00 AM ET Company Participants Vickie Judy - CFO Doug Campbell - CEO Conference Call Participants John Rowan - Janney Montgomery Scott Vincent Caintic - Stephens Inc. Kyle Joseph - Jefferies Operator Thank you for standing by, and welcome to America's Car-Mart Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a que ...
Car-Mart(CRMT) - 2024 Q2 - Earnings Call Presentation
2023-12-05 17:14
CRMT Inventory Trends CRMT Earnings Supplemental Material Q2 FY24 AR Growth (net) Capex • $78M 1 2 | --- | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------|--------------|-------| | | | | | Repurchased shares of $156M | | | | | | | | | | | | Added approx. $1B in gross receivables Funded $78M in capex growth projects including LOS, ERP, and facility upgrades Increased $79M of inventory | on strate ...
Car-Mart(CRMT) - 2024 Q1 - Quarterly Report
2023-09-07 16:00
☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Page No. PART I FINANCIAL INFORMATION 4 Texas 63-0851141 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 1805 North 2nd Street, Suite 401, Rogers, Arkansas 72756 (Address of principal executive offices) (zip code) (479) 464-9944 (Registrant's telephone number, including area code) Securities registered pursuant to S ...
Car-Mart(CRMT) - 2024 Q1 - Earnings Call Transcript
2023-09-05 17:45
America's Car-Mart, Inc. (NASDAQ:CRMT) Q1 2024 Earnings Conference Call September 5, 2023 11:00 AM ET Company Participants Jeff Williams - CEO Doug Campbell - President Vickie Judy - CFO Conference Call Participants John Murphy - Bank of America Merrill Lynch Kyle Joseph - Jefferies John Rowan - Janney Montgomery Scott Vincent Caintic - Stephens, Inc. Operator Good morning, everyone. Thank you for holding, and welcome to America's Car-Mart's First Quarter Fiscal 2024 Conference Call. Before we begin toda ...
Car-Mart(CRMT) - 2023 Q4 - Annual Report
2023-06-25 16:00
FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 0-14939 Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing req ...
Car-Mart(CRMT) - 2023 Q4 - Earnings Call Transcript
2023-05-24 17:30
America's Car-Mart, Inc. (NASDAQ:CRMT) Q4 2023 Results Conference Call May 24, 2023 11:00 AM ET Company Participants Jeff Williams - CEO Doug Campbell - President Vickie Judy - CFO Conference Call Participants Billy Healey - Bank of America Derek Sommers - Jefferies Operator Good morning, everyone. Thank you for holding, and welcome to America's Car-Mart Fourth Quarter Fiscal 2023 Conference Call. The topic of this call will be the earnings and operating results for the company's fourth quarter of fiscal ye ...
Car-Mart(CRMT) - 2023 Q3 - Quarterly Report
2023-03-09 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 31, 2023 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number: 0-14939 AMERICA'S CAR-MART, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of in ...