America's Car Mart (CRMT) Misses Q3 EPS by 3c

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America's Car-Mart Reports Diluted Earnings Per Share of $.47 on Revenues of $137 Million

February 18, 2016 5:46 PM EST

BENTONVILLE, Ark., Feb. 18, 2016 (GLOBE NEWSWIRE) -- Americas Car-Mart, Inc. (NASDAQ: CRMT) today announced its operating results for the third quarter of fiscal 2016.

Highlights of third quarter operating results:

Net earnings of $4.1 million $.47 per diluted share vs. $.82 per diluted share for prior year quarterRevenues of $137 million compared to $132 million for the prior year quarterRetail unit sales decrease of 4.2% to 11,013 from 11,495 for the prior year quarter with decreased productivity at 25 retail... More