America's Car-Mart Posts $8.28 Loss Per Share in Q1
CRMT sits 72% above its 52-week low of $1.38 on light trading volume (0.2× avg).
Summary
America's Car-Mart reported a first-quarter loss of $8.28 per share, far worse than the $0.59 loss analysts expected. The company lost $139.2M in FY2026 and received a going concern warning from its auditor. It is operating under a lender waiver extended to September 11, 2026, and has been working on a strategic transaction. First-quarter revenue was $145.8M, sales were $89.9M, and interest income was $55.8M. Retail units sold decreased 81.9% to 2,450 units. The scale of the quarterly loss suggests the business continues to deteriorate rapidly, putting further pressure on its already strained liquidity and covenant compliance.
At the time of this announcement, CRMT was trading at $2.38 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $21.6M. The 52-week trading range was $1.38 to $37.74. This news item was assessed with negative market sentiment and an importance score of 9 out of 10. Source: Dow Jones Newswires.