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Stock impact report

America's Car-Mart Reports Diluted Earnings per Share of $2.07 on Revenues of $177 Million

America's Car-Mart, Inc. (CRMT) 
Last america's car-mart, inc. earnings: 2/19 05:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.car-mart.com
Company Research Source: GlobeNewswire
BENTONVILLE, Ark., May 21, 2019 (GLOBE NEWSWIRE) -- America’s Car-Mart, Inc. (NASDAQ: CRMT) today announced its operating results for the fourth quarter of fiscal year 2019. Highlights of fourth quarter operating results: Income before taxes of $18.3 million vs. $13.7 million for prior year quarterNet earnings of $14.6 million, or $2.07 per diluted share vs. net earnings of $10.2 million, or $1.43 per diluted share for prior year quarterAdditional income tax benefit of $434,000 ($0.06 per diluted share) related to share-based compensation, vs. $944,000 ($0.13 per diluted share) for prior year quarterRevenues of $177 million compared to $169 million for the prior year quarter, current quarter includes a $1.9 million increase in interest income and same store revenue increase of 2.9%Average retail sales price increased $383 to $11,305 or 3.5% from the prior year quarter (up 1.4% sequentially)Gross profit margin percentage remained relatively flat at 40.7%Collections as a percentage Show less Read more
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