---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-001246"
form_type: "8-K"
ticker: "CRMT"
cik: "0000799850"
company_name: "AMERICAS CARMART INC"
filed_at: "2024-03-08T23:59:59+00:00"
generated_at: "2026-06-05T00:56:59.968967+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Car-Mart reports Q3 loss of $1.34/share; revenue down 7.9%, sales volume down 19.6%

## Summary
- Net loss per share $1.34 (diluted) vs $0.23 diluted EPS prior year; revenue $299.6M down 7.9%.
- Retail units sold 11,664 down 19.6% from 14,508; average retail sales price up 7.5% to $19,455.
- Gross profit per unit up 10.5% to $7,043; net charge-offs 6.8% vs 5.9% (down 40 bps sequentially).
- Allowance for credit loss adjusted to 25.74% (down 30 bps sequentially) providing $3.9M benefit.
- Entered strategic partnership with Cox Automotive; completed $250M securitization at 9.5% fixed coupon.

## SEC filing metadata
- accession: 0001171843-24-001246
- form_type: 8-K
- ticker: CRMT
- cik: 0000799850
- company_name: AMERICAS CARMART INC
- filed_at: 2024-03-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799850/000117184324001246/0001171843-24-001246-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799850/000117184324001246/f8k_030824.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-001246
- JSON: https://secwatch.observer/filing/0001171843-24-001246.json
- Plain text: https://secwatch.observer/filing/0001171843-24-001246.txt

## Key facts
- Earnings Releases
  AMERICAS CARMART INC reported financial results for third quarter ended January 31, 2024.
  - Period: third quarter ended January 31, 2024
  - Result: reported results
  source text: On March 8, 2024, America's Car-Mart, Inc. (the “Company”) issued a press release announcing its operating results for the third fiscal quarter of the fiscal year ending April 30, 2024. The press release contains certain financial, operating and other information for the period ended January 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/799850/000117184324001246/0001171843-24-001246-index.htm

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