America's Car Mart (CRMT) Posts Mixed Q1 Results

August 18, 2016 4:10 PM EDT
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America's Car Mart (NASDAQ: CRMT) reported Q1 EPS of $0.87, $0.41 better than the analyst estimate of $0.46. Revenue for the quarter came in at $146 million versus the consensus estimate of $154.36 million.

  • Retail unit sales decrease of 2.3% to 11,957 from 12,244 for the prior year quarter with decreased productivity at 27.9 retail units sold per store per month, down from 28.9 for the prior year quarter
  • Average retail sales price increased $428 to $10,393 or 4.3% from the prior year quarter (decreased $248 or 2.3% sequentially)

For earnings history and earnings-related data on America's Car Mart (CRMT) click here.

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