earnings
confidence high
sentiment negative
materiality 0.70
America's Car-Mart Q1 FY2025: Revenue down 5.2%, posts $0.15 loss per share vs $0.63 EPS last year
AMERICAS CARMART INC
2024-Q1 EPS reported
-$0.15
revenue$347,763,000
- Revenue $347.8M (down 5.2%), net loss $0.15 diluted EPS vs $0.63 diluted EPS prior year.
- Retail units sold 14,391 (down 9.6%), average retail sales price $19,250 (up 2.4%).
- Net charge-offs as % of avg finance receivables 6.4% vs 5.8%; allowance for credit loss 25.0% vs 25.32%.
- Down payment percentage improved to 5.2% from 5.0%; new LOS originations 40% of portfolio.
- SG&A $46.7M flat; debt to finance receivables 53.4% vs 49.3%.