America’s Car-Mart Q1 FY27 GAAP net loss widens to $68.98 million; revenue drops 57.3% to $145.8 million
CRMT•Q1 FY27 results
- America's Car-Mart posted a GAAP net loss of USD 68.98 million, widening from USD 5.74 million a year earlier.
- GAAP loss per share widened to USD 8.28 as total revenue fell 57.3% to USD 145.75 million.
- Sales slid 67.5% to USD 89.9 million as retail units sold tumbled 81.9% to 2,450.
- Gross margin narrowed to 21.8% from 36.6% as third-party wholesale sales rose to USD 21 million from USD 10.8 million.
- Doug Campbell cited capital constraints; inventory ended at USD 35.2 million, down 68.7% year over year.
