America's Car-Mart Reports Third Quarter Fiscal 2024 Results
Car-Mart(CRMT) Newsfilter·2024-03-08 13:00ROGERS, Ark., March 08, 2024 (GLOBE NEWSWIRE) -- America's Car-Mart, Inc. (NASDAQ:CRMT) ("we," "Car-Mart" or the "Company"), today reported financial results for the third quarter ended January 31, 2024. Third Quarter Key Highlights (Q3 FY24 vs. Q3 FY23, unless otherwise noted) Completed implementation of updated loan origination system (LOS)Q3 revenue was $299.6 million, down 7.9%Total collections increased 9.3%Allowance for credit loss adjusted to 25.74%, down sequentially 30 bpsNet charge-offs as a % of ...