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America's Car Mart Inc - $CRMT STOCK NEWS

Welcome to our dedicated page for America's Car Mart news (Ticker: $CRMT), a resource for investors and traders seeking the latest updates and insights on America's Car Mart stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect America's Car Mart's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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America’s Car-Mart, Inc. (CRMT) is set to announce its fiscal 2024 fourth quarter financial results on June 18, 2024, followed by a conference call hosted by senior management. The company operates automotive dealerships focusing on the 'Integrated Auto Sales and Finance' segment of the used car market, with a strong emphasis on customer service and building personal relationships. America’s Car-Mart operates primarily in smaller cities in the South-Central United States, selling quality used vehicles and offering financing to most customers.

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4.22%
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America’s Car-Mart, Inc. (NASDAQ:CRMT) announced the acquisition of Texas Auto Center, excluding legacy finance receivables, expected to close in the first quarter of Car-Mart’s 2025 fiscal year. The acquisition aims to strengthen Car-Mart's growth strategy, delivering exceptional outcomes for customers, associates, and shareholders. The high-performance culture and customer focus of Texas Auto Center make it a valuable addition to Car-Mart's team.

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America’s Car-Mart, Inc. (NASDAQ: CRMT) reported Q3 FY24 financial results with revenue at $299.6 million, a 7.9% decrease from Q3 FY23. Key highlights include completion of updated loan origination system, increased total collections by 9.3%, and a strategic partnership with Cox Automotive. Despite challenges in sales volumes, the company focuses on improving profitability and shareholder value.
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America’s Car-Mart, Inc. (NASDAQ: CRMT) is set to release its fiscal 2024 third quarter financial results on March 8, 2024. The senior management will host a conference call at 11:00 a.m ET to discuss the results. Participants can access the call via webcast or telephone, with a replay available for 12 months.
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America's Car-Mart, Inc. (NASDAQ: CRMT) reported Q2 FY24 financial results with a 2.8% revenue increase to $361.6 million, 4.6% decrease in retail unit sales, and gross margin up to 34.3%. The company also reported a 6.0% increase in customer count, but net charge-offs as a % of average finance receivables were up to 7.2% from 5.8% in the prior year's quarter. Loss per share was $4.30 vs. $0.48 diluted earnings per share.
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America’s Car-Mart, Inc. (NASDAQ: CRMT) announced the acquisition of Central Auto Sales, enhancing its presence in Hot Springs, Arkansas. The transaction aims to grow the business through acquisitions, providing exit opportunities for owner-operators and future growth prospects while delivering exceptional returns for shareholders.
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America’s Car-Mart, Inc. (NASDAQ: CRMT) will release fiscal 2024 second quarter financial results on December 5, 2023. The conference call to discuss the results will be held at 11:00 a.m. ET. Participants can access the call via webcast or telephone. A replay of the call will be available for 12 months.
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America’s Car-Mart, Inc. (NASDAQ: CRMT) is conducting its 15th annual Holiday Toy Drive during November. The company aims to collect toys to share with 30 children’s hospitals. Over 150 Car-Mart dealerships will serve as toy donation destinations. In 2022, the company collected over 25,000 toys for 29 children’s hospitals.
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4.31%
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America's Car-Mart CEO William 'Hank' Henderson Passes Away
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America’s Car-Mart announces Doug Campbell as new CEO, succeeding Jeff Williams. Q1 fiscal 2024 earnings reported. Company has experienced growth in customer base, book value per share, finance receivables, and diversified funding. Campbell aims to capitalize on company's history and brand for future growth. Williams remains as CEO Emeritus and board member. Positive outlook for long-term growth and profitability.
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America's Car Mart Inc

Nasdaq:CRMT

CRMT Rankings

CRMT Stock Data

386.72M
5.23M
10.29%
94.26%
17.26%
Used Car Dealers
Retail Trade
Link
United States of America
ROGERS

About CRMT

for 25 years, we have been committed to providing our customers with quality vehicles, flexible financing arrangements and personal service. based in bentonville, arkansas, our common stock is traded on the nasdaq national market system under the symbol "crmt"​.