---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-003540"
form_type: "8-K"
ticker: "CRMT"
cik: "0000799850"
company_name: "AMERICAS CARMART INC"
filed_at: "2023-05-24T23:59:59+00:00"
generated_at: "2026-06-14T16:32:57.235894+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# America's Car-Mart Reports Q4 Fiscal 2023: Revenue Up 12.2% but EPS Plunges to $0.32

## Summary
- Revenues of $388.3M, up 12.2% vs prior year Q4, with unit sales up 7.5%.
- Diluted EPS fell to $0.32 from $3.97 a year ago due to higher credit losses and interest expense.
- Provision for credit losses was 30.4% of sales (vs 23.1% prior year) and net charge-offs 6.3% of avg receivables.
- Inventory decreased $22.3M sequentially, and total debt to finance receivables rose to 46.5%.
- Kroll Bond Rating Agency upgraded ratings on three classes of notes from April 2022 securitization.

## SEC filing metadata
- accession: 0001171843-23-003540
- form_type: 8-K
- ticker: CRMT
- cik: 0000799850
- company_name: AMERICAS CARMART INC
- filed_at: 2023-05-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799850/000117184323003540/0001171843-23-003540-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799850/000117184323003540/f8k_052423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-003540
- JSON: https://secwatch.observer/filing/0001171843-23-003540.json
- Plain text: https://secwatch.observer/filing/0001171843-23-003540.txt

## Key facts
- Earnings Releases
  AMERICAS CARMART INC reported the fourth quarter and fiscal year ended April 30, 2023 results: revenue $388.3 million, EPS $0.32.
  - Period: the fourth quarter and fiscal year ended April 30, 2023
  - Revenue: $388.3 million
  - EPS: $0.32
  - Result: reported results
  source text: Inc. (NASDAQ: CRMT) (“we,” “Car-Mart” or the “Company”) today announced its operating results for the fourth quarter and fiscal year ended April 30, 2023. Highlights Revenues of $388.3 million, up 12.2% vs. the prior year’s fourth quarter. Total retail unit sales increased 7.5% vs. the prior year’s fourth quarter. Same store retail unit sales increased 5.6% vs. the
  evidence_url: https://www.sec.gov/Archives/edgar/data/799850/000117184323003540/0001171843-23-003540-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.