Streetbeat News

CRMT

America's Car-Mart, Inc.

Industry

Auto - Dealerships

America's Car-Mart, Inc., through its subsidiaries, operates as an automotive retailer in the United States. It primarily sells older model used vehicles and provides financing for its customers. As of April 30, 2022, the company operated 154 dealerships in the South-Central United States. The company was founded in 1981 and is based in Rogers, Arkansas.

Open

41.48

Mkt cap

338M

Volume

69K

High

41.91

P/E Ratio

-7.29

52-wk high

83.07

Low

41.03

Div yield

N/A

52-wk low

37.98

America's Car-Mart shares rose following the appointment of Jamie Fischer as the new Chief Operating Officer.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 12:31 pm

America's Car-Mart has appointed Jamie Fischer as the new Chief Operating Officer (COO). This leadership change could influence the company's operational strategies and performance.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 12:19 pm

America's Car-Mart has announced a public offering of 1.7 million shares priced at $43 each, with an option to purchase an additional 255,000 shares. The proceeds will be used to repay credit facilities and fund corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 12:41 pm

America's Car-Mart shares declined following the announcement of a proposed $65 million public offering.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 12:22 pm

America's Car-Mart plans to offer $65M in common stock, with an option for underwriters to purchase an additional $9.75M. Proceeds will repay credit facilities and support general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 8:13 pm

America's Car-Mart reported a Q1 loss with a 15-cent loss per share, missing profit expectations. Revenues fell 5.2% year-over-year, driven by a decrease in retail units sold. Despite some positive signs like improved gross profit margin and increased interest income, the stock fell over 10%.

Portfolio Pulse from Nabaparna Bhattacharya

September 04, 2024 | 2:09 pm

Core & Main and several other major stocks, including Zscaler, Ascendis Pharma, and Dollar Tree, experienced significant declines in pre-market trading due to disappointing earnings and guidance cuts.

Portfolio Pulse from Avi Kapoor

September 04, 2024 | 12:59 pm

America's Car-Mart shares declined following a year-over-year decrease in Q1 EPS results.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 11:56 am

America's Car-Mart reported a Q1 EPS loss of $(0.15), missing the consensus estimate of $0.66, and a significant decrease from last year's $0.63 EPS. However, sales of $347.76M beat the estimate of $338.78M.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 11:39 am

CDK Global announced that they are ahead of schedule in rebooting their Dealer Management System (DMS), with substantially all dealer connections now live. This progress is significant for the automotive retail industry.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 5:11 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.