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America's Car-Mart Reports First Quarter Fiscal Year 2026 Results

America's Car-Mart (CRMT) | September 04, 2025

By Nina King

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America's Car-Mart, Inc. reported financial results for the first quarter ended July 31, 2025.

Total revenue was $341.3 million, down 1.9%.

Sales volumes decreased 5.7% to 13,568 units.

Interest income increased $4.6 million, or 7.5%.

Gross margin percentage increased to 36.6%.

Strategic Investments Pay Off

Strategic investments showed measurable results. Application volume increased over 10%.

LOS V2 Implementation

Implemented LOS V2 with advanced underwriting scorecard and risk-based pricing, driving consumer payment behavior improvements.

Portfolio Quality Enhancement

Focused on improving portfolio quality. Credit applications from top three customer credit rankings grew by 15%. Nearly 72% of the portfolio operates under enhanced standards.

  • The deployment of LOS V2 and Pay Your Way upgrades led to significant shifts in consumer behavior and better payment collections.
  • The focus on portfolio quality enhancements and sharper underwriting capabilities position America's Car-Mart for sustainable returns and sales growth.

America's Car-Mart's strategic investments and operational improvements during the quarter demonstrate a commitment to enhancing customer experience, managing portfolio quality, and driving sustainable growth.