FY 2026 loss per share widened to USD 16.79 as revenue slipped 7.9% to USD 1.28 billion; net charge-offs rose to 27.6% of average finance receivables.
Fourth-quarter results
America’s Car-Mart posted a Q4 net loss attributable to common shareholders of USD 29.58 million, swinging from profit; loss per share was USD 3.56.
Revenue fell 18.2% to USD 302.83 million, with retail units sold down 27.1% to 11,411.
Gross margin narrowed 5.2 percentage points to 31.2%, while SG&A was USD 47.57 million, including USD 3.96 million in restructuring-related charges.
Liquidity and financing
Management cited a June 19 credit agreement amendment for covenant relief, while the 10-K includes a going-concern disclosure tied to securing additional financing.
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