secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAS CARMART INC (CRMT)
CIK:        0000799850
Form:       8-K
Filed at:   2024-12-05T23:59:59+00:00
Accession:  0001171843-24-006751
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Car-Mart Q2 revenue $347.3M, EPS $0.61; adjusted loss $0.24; unit sales down 9.1%
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- Total revenue $347.3M, down 3.5% YoY; retail units sold 13,784 (-9.1%).
- Diluted EPS $0.61 vs loss $4.30; adjusted loss per share $0.24 excluding $13.2M service contract accounting change.
- Gross margin improved to 39.4% (adjusted 36.5%, up 200 bps); net charge-offs improved to 6.6% from 7.2%.
- Completed equity offering ($73.8M net) and ABS securitization ($297.9M net); debt to finance receivables improved to 51.8%.
- Allowance for credit losses decreased to 24.72% from 25.00% sequentially; 50% of portfolio under new LOS.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799850/000117184324006751/0001171843-24-006751-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799850/000117184324006751/f8k_120524.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-006751

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