America's Car-Mart Reports First Quarter Fiscal Year 2025 Results
CRMTCar-Mart(CRMT) GlobeNewswire News Room·2024-09-04 19:30

ROGERS, Ark., Sept. 04, 2024 (GLOBE NEWSWIRE) -- America’s Car-Mart, Inc. (NASDAQ: CRMT) (“we,” “Car-Mart” or the “Company”), today reported financial results for the first quarter ended July 31, 2024. First Quarter Key Highlights (FY'25 vs. FY'24 Q1, unless otherwise noted) Revenue was 347.8million,down5.2347.8 million, down 5.2%Interest income increased 4.1 million, up 7.2%Total collections increased 4.3% to $172.9 millionFavorable adjustment to allowance for credit loss to 25.0%, down from 25.32%Net charge-offs as a % of ...