CRMT - America's Car-Mart GAAP EPS of $0.23 misses by $0.11 revenue of $327M misses by $8.86M
- America's Car-Mart press release ( NASDAQ: CRMT ): Q3 GAAP EPS of $0.23 misses by $0.11 .
- Revenue of $327M (+13.7% Y/Y) misses by $8.86M .
- Total retail unit sales increased 2.7% vs. the prior year third quarter. Same store retail unit sales increased 1.0% vs. the prior year third quarter.
- Sales volume productivity per store per month was 31.2 vs. 30.8 for the prior year third quarter.
- Provision for credit losses as a percentage of sales was 31.1% compared to 24.8% for the prior year third quarter. Net charge-offs as a percent of average finance receivables for the quarter were 5.9% compared to 4.8% for the prior year third quarter.
- Customer count increased 6.0% to 99,577 active customers, compared to 93,982 the prior year third quarter. Customers served per dealership was 642, compared to 614 for the prior year third quarter.
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America's Car-Mart GAAP EPS of $0.23 misses by $0.11, revenue of $327M misses by $8.86M