America's Car Mart, Inc. (CRMT) Misses Q4 EPS by 10c

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Go back to America's Car Mart, Inc. (CRMT) Misses Q4 EPS by 10c

America's Car-Mart Reports Diluted Earnings Per Share of $.68 on Revenue of $123 Million; Debt to Equity of 45.6% and Debt to Finance Receivables of 25.6%

May 27, 2014 5:08 PM EDT

BENTONVILLE, Ark., May 27, 2014 (GLOBE NEWSWIRE) -- America's Car-Mart, Inc. (Nasdaq: CRMT) today announced its operating results for its fiscal 2014 fourth quarter and full fiscal year ended April 30, 2014. The Company repurchased 1.3% of its outstanding shares during the quarter.

Highlights of fourth quarter operating results:

Net income of $6.3 million - $.68 per diluted share vs. $.92 per diluted share for prior year quarter Revenues of $123 million compared to $126 million for the prior year quarter with same store revenue decrease of 7.1% Retail unit sales decrease of 1.9% to 10,565 from 10,767 for the... More