America's Car Mart (CRMT) Tops Q4 EPS by 91c

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Go back to America's Car Mart (CRMT) Tops Q4 EPS by 91c

America's Car-Mart Reports Diluted Earnings per Share of $4.01 on Record Revenues of $352 Million

May 23, 2022 5:40 PM EDT

ROGERS, Ark., May 23, 2022 (GLOBE NEWSWIRE) -- Americas Car-Mart, Inc. (NASDAQ: CRMT) today announced its operating results for the fourth quarter and full fiscal year 2022.

Revenue grew 26% to $352 million, including a 39% increase in interest income to $42 million, for the fourth quarter of fiscal 2022 compared to the prior year quarter. The average sales price increased 24% to $17,860 and unit sales volume dropped 1%. Our sales volume productivity of 35.6 units sold per dealership per month for the quarter was strong and, in the last 20+ years, second only to the prior years fourth quarter... More