America’s Car Mart Dives on Q2 Figures

Jun 12, 2025 - 15:00
America’s Car Mart Dives on Q2 Figures

America’s Car-Mart, Inc. (NASDAQ: CRMT) shares were in reverse Thursday, on the company reporting financial results for the fourth quarter ended April 30, 2025.

Total revenue came in at $370.2 million, up 1.5%. Sales volumes increased 2.6% to 15,649 units. Interest income increased $2.4 million, or 4.2%, with total collections increased 2.1% to $191.1 million

The company also revealed gross margin percentage increased 90 basis points to 36.4%. Allowance for credit loss improved to 23.25%, compared to 24.31% at January 31, 2025, and 25.32% at April 30, 2024

Net charge-offs as a % of average finance receivables improved to 6.9% vs. 7.3%
Interest expense decreased 2.2%. Diluted earnings per share was $1.26 vs. $0.06.

President and CEO Doug Campbell commented, “Fiscal year 2025 marked a pivotal period of transformation for our business as we successfully laid much of the groundwork for growth. Key accomplishments include expanded capabilities of our loan origination system (LOS), strengthening of our leadership team, and the expansion of gross margins.

“Our work related to our capital structure is notable and will continue into the new fiscal year. I’m incredibly proud of our team’s dedication and execution.

“Despite a dynamic industry environment, we remain agile and focused on positioning the Company for profitable, long-term success. We are excited to turn our attention to expanding our differentiated model and help more consumers stay on the road.”

CRMT shares began Thursday lower by $4.74, or 8.2%, to $53.00