Welcome to our dedicated page for Amer Carmart news (Ticker: CRMT), a resource for investors and traders seeking the latest updates and insights on Amer Carmart stock.
America's Car-Mart, Inc. (NASDAQ: CRMT) is an automotive retailer focused on the Integrated Auto Sales and Finance segment of the used car market, and its news flow reflects both operational developments and capital structure decisions. The company operates automotive dealerships in 12 states, primarily in smaller cities throughout the South-Central United States, where it sells older model used vehicles and provides financing for substantially all of its customers. News updates often highlight how this integrated sales and finance model is being refined through changes in underwriting, collections, store footprint, and funding.
Investors following CRMT news will see regular announcements on earnings results, portfolio credit performance, and initiatives to optimize the company’s platform. Recent releases have described multi-phased store consolidations as part of an SG&A cost control and footprint optimization strategy, with underperforming locations consolidated into nearby, higher-performing dealerships. These updates explain how customers from consolidated stores are transitioned to alternative locations while the company seeks to improve efficiency and strengthen performance at remaining dealerships.
Another recurring theme in America’s Car-Mart news is its approach to financing and capital structure. The company reports on term securitization transactions through indirect subsidiaries such as ACM Auto Trust 2025-3 and 2025-4, where receivables from installment sale contracts back asset-backed notes. It has also announced a $300 million senior secured term loan facility and the repayment and termination of a prior asset-backed revolving line of credit, describing these steps as moves toward a more flexible and scalable capital structure.
For readers and market participants, the CRMT news page on Stock Titan offers a centralized view of these developments, from quarterly financial results and credit metrics to capital markets activity and store network changes. Returning to this page allows users to monitor how America’s Car-Mart manages its integrated auto sales and finance model over time, based solely on the company’s own disclosures and official announcements.
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America's Car-Mart reported revenues of $327 million for the third quarter, a 13.7% increase year-over-year. Total retail unit sales rose 2.7%, while same-store sales increased 1.0%. The gross profit per car sold decreased to $6,373, compared to $6,447 last year. Interest income surged to $51.1 million, up from $39 million, driven by higher finance receivables and interest rates. However, the provision for credit losses rose to 31.1%. EPS was reported at $0.23, a significant drop from $2.82 year-on-year. The company is focusing on operational efficiencies and industry positioning amidst challenging market conditions.
America’s Car-Mart, Inc. (NASDAQ: CRMT) announced it will release its fiscal 2023 third quarter financial results on February 22, 2023, before market hours. Senior management will conduct a conference call at 11:00 a.m. ET to discuss the results. Participants can access the call via a provided webcast link or telephone registration, which gives a unique PIN for access. A replay will be available for 12 months. The company operates automotive dealerships across twelve states, focusing on the integrated auto sales and finance segment in the used car market, emphasizing superior customer service.
America’s Car-Mart (NASDAQ: CRMT) announced its acquisition of dealership assets from Taylor Auto Credit in Taylor, Texas. This strategic move expands Car-Mart's presence in a growing market, especially with a $17 billion semiconductor plant being developed nearby, projected to create 1,800 jobs. The deal is expected to finalize before December 31, 2022. CEO Jeff Williams highlighted the acquisition's potential for generating returns for shareholders and providing opportunities for growth while maintaining the values shared with Taylor Auto Credit.
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