America’s Car-Mart of Rogers Reports $10.6M Net Income in Q4

America’s Car-Mart of Rogers reports $10.6M net income in Q4

America’s Car-Mart of Rogers reported a net income of $10.6M in fiscal Q4, up from $416K, with sales reaching 15,649 units.

Why America's Car-Mart Stock Crashed on Thursday @themotleyfool #stocks $CRMT

America's Car-Mart (NASDAQ: CRMT) stock tumbled 11.3% through 12:40 p.m. ET Thursday afternoon despite reporting positive fiscal Q4 profits of $1.26 per share on $370.2 million in quarterly sales. Analysts had only expected the used car service to earn $0.86 per share for the quarter, so you'd think this would be taken as good news -- but investors seem to disagree. Where to invest $1,000 right now? Our analyst team just revealed what they belie…

America's Car-Mart Reports Rising Sales, $10.6M Profit in Fiscal Q4

America’s Car-Mart Inc. of Rogers (Nasdaq: CRMT) on Thursday reported rising sales and income in its fiscal fourth quarter. The auto retailer posted $10.6 million in net income for the period ending April 30, improving on a profit of $416,000 in the same period a year ago. Per share, earnings came to $1.26. Revenue in the period was $370.2 million, up 1.5% from $364.7 million a year ago. The increase was driven by a 4.2% increase in interest inc…