LOGO
LOGO

ern/

America's Car-Mart Posts Loss In Q2; Revenues Up 2.8%

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

America's Car-Mart, Inc. (CRMT) posted a second quarter net loss of $27.5 million compared to profit of $3.1 million, last year. Loss per share was $4.30 compared to profit of $0.48. On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $0.78, for the quarter. Analysts' estimates typically exclude special items.

Second quarter revenues increased 2.8% to $361.6 million. Analysts on average had estimated $363.76 million in revenue. The company said 2.8% increase in revenue resulted from a 23% increase in interest income and a 5.6% increase in average retail sales price. Sales were 15,162 units compared to 15,885 units, down 4.6% from the prior year quarter.

Shares of America's Car-Mart are down 31% in pre-market trade on Tuesday.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update - April 27 – May 01, 2026

May 01, 2026 15:54 ET
Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.

RELATED NEWS
Latest Updates on COVID-19