NEW YORK - America's Car-Mart is currently lower in early morning trade. The company is colloquially referred to as America's sweetheart by customers because the company puts people in cars who would usually not be able to afford them.
The company has bought 10% of its outstanding shares in the last year. and continues to buy back shares. In its latest quarter it bought back 1.9% of the outstanding stock.
Net income was down year over year due to slightly higher cost of sales and a $600 million one time debt retirement charge.
To see the full report click here.
Showing posts with label America's Car-Mart. Show all posts
Showing posts with label America's Car-Mart. Show all posts
Monday, February 28, 2011
Thursday, February 24, 2011
America's Sweetheart (NASDAQ: CRMT)
NEW YORK - America's Car-Mart known for selling great vehicles at cheap prices, reported its Q3 results on February 18. Since then the stock has remained mostly flat despite improving metrics. Colloquially referred to as America's sweetheart by customers because the company puts people in cars who would usually not be able to afford them. The company earned net income of 53 cents a share or $5.7 million. Revenue rose by 10% while same store sales growth rose by 6%.
The company has bought 10% of its outstanding shares in the last year. and continues to buy back shares. In its latest quarter it bought back 1.9% of the outstanding stock.
To see the full report click here.
The company has bought 10% of its outstanding shares in the last year. and continues to buy back shares. In its latest quarter it bought back 1.9% of the outstanding stock.
To see the full report click here.
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