America's Car-Mart Reports Fourth Quarter and Fiscal Year 2024 Results
CRMTCar-Mart(CRMT) Newsfilter·2024-06-18 19:30

ROGERS, Ark., June 18, 2024 (GLOBE NEWSWIRE) -- America's Car-Mart, Inc. (NASDAQ:CRMT) ("we," "Car-Mart" or the "Company"), today reported financial results for the fourth quarter and full year ended April 30, 2024. Fourth Quarter Key Highlights (FY'24 Q4 vs. FY'23 Q4, unless otherwise noted) Revenue was 364.7million,down5.8364.7 million, down 5.8% Gross Margin improved to 35.5%, up 200 bps Total collections increased 5.0% to 187.2 million Favorable adjustment to allowance for credit loss to 25.32%, down from 25.74% Net char ...