CRMT News & Events

Reports Q3 revenue $286.792M, consensus $329.26M. President and CEO Doug Campbell commentary: "Our third quarter results reflect the impact of our ongoing capital structure transition on origination volumes. The sales volume decline this quarter is a direct result of the moderation of capital deployed on inventory purchases and not a reflection of demand. Sales for the quarter were further challenged by severe weather in the South-Central U.S., which affected our entire footprint and resulted in significant store closures in the last week of January, as well as the impact of operating with a 12% smaller store footprint year-over-year. Our top-of-funnel metrics remained strong throughout the quarter as the need for affordable, quality used vehicles among credit-challenged customers remains robust."

America's Car-Mart announced the completion of phase two of its previously announced SG&A cost control strategy through footprint optimization, which includes the consolidation of 13 locations into higher-performing nearby dealerships. This realignment follows five store consolidations that were completed in November 2025 as part of Phase 1, for a total of 18 locations across both phases. "Our footprint optimization strategy reflects our commitment to operational excellence and disciplined capital allocation," said Doug Campbell, president and CEO. "By concentrating resources in our highest-performing markets, we are positioning Car-Mart to deliver improved returns while maintaining the exceptional customer experience that defines our brand. The flexibility provided by our new capital structure enables us to make these strategic decisions with confidence."

America's Car-Mart files to sell 937,487 shares of common stock for holders