secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAS CARMART INC (CRMT)
CIK:        0000799850
Form:       8-K
Filed at:   2024-09-04T23:59:59+00:00
Accession:  0001171843-24-005048
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

America's Car-Mart Q1 FY2025: Revenue down 5.2%, posts $0.15 loss per share vs $0.63 EPS last year
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799850/000117184324005048/0001171843-24-005048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799850/000117184324005048/f8k_090424.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-005048

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