America’s Car-Mart reports Q3 EPS ($1.34) vs 23c last year

Reports Q3 revenue $299.614M vs $274.276M last year. “We continue to navigate a challenging macro environment facing our customers and remain focused on their success. While sales volumes fell short of our expectations during the quarter, they are not reflective of the efforts put forth by the team. I am encouraged by our continued progress during the quarter in gross profit, credit losses, and initial results generated by our loan origination system. We have implemented several initiatives to improve sales during the fourth quarter. Our priority is to be agile with our cost structure and investments to deliver long-term profitability and shareholder value.” said President, CEO Doug Campbell.