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Stock impact report

America's Car-Mart Reports Diluted Earnings per Share of $2.00 on Revenues of $345 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
ROGERS, Ark., Aug. 17, 2022 (GLOBE NEWSWIRE) -- America’s Car-Mart, Inc. (NASDAQ: CRMT) today announced its operating results for the first quarter of fiscal year 2023. “For the quarter, unit sales volumes were up 2.1% to 15,536 with productivity (retail units sold per dealership per month) flat at 33.6, versus the first quarter of fiscal 2022. Even with significant industry headwinds, namely higher vehicles prices resulting from supply/demand imbalances, especially at lower price points, we saw unit volumes increase. We believe that when supply in our market eventually returns to more normal levels, our productivity will increase as affordability is most certainly keeping many good customers out of the market. We continue to place top priority on efficiently supplying good, mechanically sound vehicles at reasonable prices to our valued customers. When headwinds turn to tailwinds, which will eventually happen, we will be in a great position to take advantage,” said Jeff Williams, C Show less Read more
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