America's Car Mart (CRMT) Misses Q4 EPS by 18c

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Go back to America's Car Mart (CRMT) Misses Q4 EPS by 18c

America's Car-Mart Reports Diluted Earnings per Share of $.40 on Revenues of $155 Million

May 23, 2016 5:35 PM EDT

BENTONVILLE, Ark., May 23, 2016 (GLOBE NEWSWIRE) -- Americas Car-Mart, Inc. (NASDAQ: CRMT) today announced its operating results for the fourth quarter and full fiscal year 2016.

Highlights of fourth quarter operating results:

Net earnings of $3.4 million $.40 per diluted share vs. $.81 per diluted share for prior year quarterRevenues of $155 million compared to $138 million for the prior year quarter (a 12.5% increase)Retail unit sales increase of 5.5% to 12,345 from 11,699 for the prior year... More