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

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

America's Car-Mart Reports Diluted Earnings per Share of $.87 on Revenues of $146 Million

August 18, 2016 4:08 PM EDT

BENTONVILLE, Ark., Aug. 18, 2016 (GLOBE NEWSWIRE) -- Americas Car-Mart, Inc. (NASDAQ: CRMT) today announced its operating results for the first quarter of fiscal 2017.

Highlights of first quarter operating results:

Net income of $7.1 million $.87 per diluted share vs. $.52 per diluted share for prior year quarterRevenues of $146 million compared to $143 million for the prior year quarter (a 2.2% increase)Retail unit sales decrease of 2.3% to 11,957 from 12,244 for the prior year quarter with... More