---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-25-007749"
form_type: "8-K"
ticker: "CRMT"
cik: "0000799850"
company_name: "AMERICAS CARMART INC"
filed_at: "2025-12-04T23:59:59+00:00"
generated_at: "2026-05-16T14:59:48.663798+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# America's Car-Mart Q2 GAAP loss $2.71/sh; closes $300M term loan; net charge-offs rise to 7.0%

## Summary
- GAAP loss per share $2.71; adjusted loss per share $0.79; total revenue $350.2M (+0.8% YoY).
- Net charge-offs 7.0% of avg finance receivables (up from 6.6% YoY); provision for credit losses $119.1M vs $99.5M.
- Closed $300M term loan from Silver Point, repaid revolver; issued warrants for 937,487 shares at $22.63.
- Closed 5 underperforming stores post-quarter; expects $10.1M annualized expense savings.
- Gross margin 37.5% (down 190 bps); allowance for credit losses 24.19% of finance receivables.

## SEC filing metadata
- accession: 0001171843-25-007749
- form_type: 8-K
- ticker: CRMT
- cik: 0000799850
- company_name: AMERICAS CARMART INC
- filed_at: 2025-12-04T23:59:59+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/799850/000117184325007749/0001171843-25-007749-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799850/000117184325007749/f8k_120425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-007749
- JSON: https://secwatch.observer/filing/0001171843-25-007749.json
- Plain text: https://secwatch.observer/filing/0001171843-25-007749.txt

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