America's Car Mart (CRMT) Misses Q2 EPS. Revenue Expectations

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Go back to America's Car Mart (CRMT) Misses Q2 EPS. Revenue Expectations

America's Car-Mart Reports Loss per Share of ($.06) on Revenues of $133 Million (Results Reflect a $3 Million, or $.34 per Diluted Share, Non-Cash After-Tax Charge Resulting From an Increase to t

November 19, 2015 6:18 PM EST

BENTONVILLE, Ark., Nov. 19, 2015 (GLOBE NEWSWIRE) -- America's Car-Mart, Inc. (NASDAQ: CRMT) today announced its operating results for the second quarter of fiscal 2016.

Highlights of second quarter operating results:

Net loss of $0.5 million ($.06) per share (earnings of $.29 per diluted share excluding a $3 million non-cash after-tax charge resulting from an increase to the allowance for credit losses) vs. $.83 per diluted share for prior year quarter Revenues of $133 million compared to $134 million for the prior year quarter with same store revenue decrease of 3.4% Retail unit sales decrease of 10% to 10,881 from... More

America's Car-Mart Reports Loss per Share of ($.06) on Revenues of $133 Million (Results Reflect a $3 Million, or $.34 per Diluted Share, Non-Cash After-Tax Charge Resulting From an Increase to t

November 19, 2015 6:18 PM EST

BENTONVILLE, Ark., Nov. 19, 2015 (GLOBE NEWSWIRE) -- America's Car-Mart, Inc. (NASDAQ: CRMT) today announced its operating results for the second quarter of fiscal 2016.

Highlights of second quarter operating results:

Net loss of $0.5 million ($.06) per share (earnings of $.29 per diluted share excluding a $3 million non-cash after-tax charge resulting from an increase to the allowance for credit losses) vs. $.83 per diluted share for prior year quarter Revenues of $133 million compared to $134 million for the prior year quarter with same store revenue decrease of 3.4% Retail unit sales decrease of 10% to 10,881 from... More