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.
America’s Car-Mart (NASDAQ: CRMT) will release its fiscal 2022 second quarter financial results on November 16, 2021, after market close. A conference call hosted by senior management is scheduled for November 18, 2021, at 11:00 a.m. (Eastern).
Interested participants can join the call by dialing (877) 776-4031, using conference ID #1075918. International callers may dial (631) 291-4132. A replay will be available for 30 days following the call. Additionally, a webcast will be accessible on the company’s website.
America's Car-Mart, Inc. (NASDAQ: CRMT) has opened its 152nd dealership in El Reno, Oklahoma, on October 1, 2021. This marks the 29th dealership in Oklahoma and the first new one in fiscal year 2022. The company acquired the ongoing assets of The Car Man LLC for this location, managed by Armin Horn. Celebrating its 40th anniversary, Car-Mart continues to emphasize customer service, helping those with poor credit histories. The company sold over 700,000 vehicles since 2000 and was recognized by Forbes as one of America’s Best Small Companies in 2021.
America's Car-Mart has announced Amendment No. 3 to its Loan and Security Agreement, extending the term of its revolving credit facilities to September 29, 2024, and increasing total permitted borrowings from $326 million to $600 million. This substantial increase in funding, aided by the addition of CIBC Bank USA and Axos Bank as lenders, supports the company's growth strategy and capital allocation for customer service enhancements. The amendment also allows for adjusted capital expenditures and restores the accordion feature to $100 million.
America’s Car-Mart, Inc. (NASDAQ: CRMT) has appointed Julia K. Davis to its Board of Directors, effective August 25, 2021, following the retirement of Ray C. Dillon. Ms. Davis brings extensive information technology expertise from her previous roles, including Chief Information Officer at R1 RCM and Aflac US. Her experience is expected to add value to the Board, enhancing the company's strategic direction. America’s Car-Mart focuses on the integrated auto sales and finance segment, serving customers with flexible financing options across twelve states.
Summary not available.
Summary not available.
Summary not available.
America’s Car-Mart (CRMT) will announce its fiscal 2022 first quarter financial results on August 17, 2021, after market close. A conference call is scheduled for August 18, 2021, at 11:00 a.m. Eastern. Investors can join the call by dialing (877) 776-4031, using conference ID #9489631. An international number is available for non-US callers. Additionally, a replay of the call will be accessible for thirty days after the event. A webcast will also be available on the company's website.
America's Car-Mart is a leading automotive retailer focusing on integrated auto sales and finance.
Summary not available.
America's Car-Mart, Inc. (NASDAQ: CRMT) will release its fiscal 2021 fourth quarter and full-year financial results on May 24, 2021, after market close. A conference call is scheduled for May 25, 2021, at 11:00 a.m. (Eastern), accessible via phone or webcast. The company operates automotive dealerships primarily in smaller cities across the South-Central U.S., focusing on quality used vehicle sales and integrated auto financing. This event is crucial for investors monitoring CRMT's performance and strategic direction.
FAQ
What is the current stock price of Amer Carmart (CRMT)?
What is the market cap of Amer Carmart (CRMT)?
