America's Car-Mart, Inc. operates automotive dealerships in twelve states and is one of the largest publicly held automotive retailers in the United States focused exclusively on the 'Integrated Auto Sales and Finance' segment of the used car market. The Company emphasizes superior customer service and the building of strong personal relationships with its customers. The Company operates its dealerships primarily in smaller cities throughout the South-Central United States selling quality used vehicles and providing financing for substantially all of its customers.
Company profile
Ticker
CRMT
Exchange
Website
CEO
Jeffrey A. Williams
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
AMERICANS CARMART INC, CROWN CASINO CORP, CROWN GROUP INC /TX/
SEC CIK
Corporate docs
Subsidiaries
Crown Delaware Investments Corp. • America’s Car Mart, Inc. • Colonial Auto Finance, Inc. • ACM Funding, LLC • Colonial Underwriting, Inc. • Texas Car-Mart, Inc. • Auto Finance • ACM Insurance Company ...
IRS number
630851141
CRMT stock data
News
Dow Falls 60 Points; Crude Oil Rises Sharply
18 Aug 22
11 Consumer Discretionary Stocks Moving In Thursday's Intraday Session
18 Aug 22
Why Plus Therapeutics Is Trading Higher By Over 50%, Here Are 50 Stocks Moving In Thursday's Mid-Day Session
18 Aug 22
U.S. Stocks Turn Higher; Nasdaq Rises 50 Points
18 Aug 22
Bed Bath & Beyond, America's Car-Mart And Some Other Big Stocks Moving Lower On Thursday
18 Aug 22
Press releases
America's Car-Mart Reports Diluted Earnings per Share of $2.00 on Revenues of $345 Million
17 Aug 22
AMERICA'S CAR-MART, INC. SCHEDULES RELEASE OF FIRST QUARTER FISCAL YEAR 2023 RESULTS AND CONFERENCE CALL
28 Jul 22
America's Car-Mart Reports Diluted Earnings per Share of $4.01 on Record Revenues of $352 Million
23 May 22
Analyst ratings and price targets
Calendar
8 Jul 22
18 Aug 22
30 Apr 23
Financial summary
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| Annual (USD) | Apr 22 | Apr 21 | Apr 20 | Apr 19 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 42.59M | 42.59M | 42.59M | 42.59M | 42.59M | 42.59M |
| Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | 3.87M | 9.52M |
| Cash used (since last report) | n/a | n/a | n/a | n/a | 14.12M | 34.74M |
| Cash remaining | n/a | n/a | n/a | n/a | 28.47M | 7.85M |
| Runway (months of cash) | n/a | n/a | n/a | n/a | 7.4 | 0.8 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 2 May 22 | Bordelon Ann G. | Stock Option Common Stock | Grant | Acquire A | No | No | 80.85 | 5,000 | 404.25K | 5,000 |
| 2 May 22 | Julia K. Davis | Stock Option Common Stock | Grant | Acquire A | No | No | 80.85 | 5,000 | 404.25K | 5,000 |
| 2 May 22 | Dawn C Morris | Stock Option Common Stock | Grant | Acquire A | No | No | 80.85 | 5,000 | 404.25K | 5,000 |
| 2 May 22 | Welch Joshua G | Stock Option Common Stock | Grant | Acquire A | No | No | 80.85 | 5,000 | 404.25K | 5,000 |
| 2 May 22 | Henderson William H | Stock Option Common Stock | Grant | Acquire A | No | No | 80.85 | 5,000 | 404.25K | 5,000 |
Institutional ownership, Q2 2022
77.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 135 |
| Opened positions | 22 |
| Closed positions | 23 |
| Increased positions | 37 |
| Reduced positions | 56 |
| 13F shares | Current |
|---|---|
| Total value | 512.26M |
| Total shares | 5.09M |
| Total puts | 57.8K |
| Total calls | 20.6K |
| Total put/call ratio | 2.8 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 1.02M | $102.9M |
| Magnolia | 458.39K | $46.11M |
| FMR | 423.05K | $42.56M |
| Vanguard | 403.33K | $40.58M |
| Dimensional Fund Advisors | 382.75K | $38.5M |
| WCM Investment Management | 294K | $29.97M |
| STT State Street | 255.61K | $25.72M |
| Kennedy Capital Management | 148.64K | $14.95M |
| NTRS Northern Trust | 125.93K | $12.67M |
| Geode Capital Management | 110.7K | $11.14M |
Financial report summary
?Management Discussion
- Total revenues increased $293.8 million, or 32.0%, in fiscal 2022, as compared to revenue growth of 23.4% in fiscal 2021, principally as a result of (i) revenue growth from dealerships that operated a full twelve months in both fiscal years ($276.7 million), and (ii) revenue from stores opened or acquired during or after the year ended April 30, 2021 ($17.1 million), partially offset by (iii) decreased revenue from dealerships closed during or after the year ended April 30, 2021 ($86,000). The increase in revenue for fiscal 2022 is attributable to (i) a 22.2% increase in average retail sales price, (ii) a 6.7% increase in retail units sold and (iii) a 37.4% increase in interest and other income, due to the $265.1 million increase in average finance receivables.
Content analysis
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H.S. sophomore Avg
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New words:
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Removed:
approximate, assumed, attracting, begun, Charger, Chevrolet, Chrysler, collectability, combat, deferral, Dodge, equate, flexibility, Ford, foreseen, Fusion, impacting, Impala, interim, lack, lowest, Malibu, modified, opposed, Pickup, popular, presently, pronounced, Ram, refinanced, refurbishing, relief, renewed, requirement, shareholder, superior, supplemented, tempted
Current reports
8-K
America's Car-Mart Reports Diluted Earnings per Share of $2.00 on Revenues of $345 Million
17 Aug 22
8-K
Departure of Directors or Certain Officers
8 Jun 22
8-K
America's Car-Mart Reports Diluted Earnings per Share of $4.01 on Record Revenues of $352 Million
23 May 22
8-K/A
Entry into a Material Definitive Agreement
4 May 22
8-K
Entry into a Material Definitive Agreement
3 May 22
8-K
America’s Car-Mart, Inc. Announces Pricing of Inaugural Asset-Backed Securitization Transaction and Amendment to Loan and Security Agreement
27 Apr 22
8-K
Regulation FD Disclosure
12 Apr 22
8-K
America's Car-Mart Reports Diluted Earnings per Share of $2.77 on Record Revenues of $292 Million
16 Feb 22
8-K/A
America's Car-Mart Reports Diluted Earnings per Share of $3.33
19 Nov 21
8-K
America’s Car-Mart Reports Diluted Earnings per Share of $3.33 on Record Revenues of $288 Million
17 Nov 21
Registration and prospectus
S-8
Registration of securities for employees
16 Oct 18
S-8
Registration of securities for employees
16 Oct 18
S-8
Registration of securities for employees
8 Dec 15
S-8
Registration of securities for employees
8 Dec 15
S-8 POS
Registration of securities for employees (post-effective amendment)
8 Dec 15
S-8 POS
Registration of securities for employees (post-effective amendment)
8 Dec 15
S-8 POS
Registration of securities for employees (post-effective amendment)
8 Dec 15
S-8
Registration of securities for employees
2 Dec 10
S-8
Registration of securities for employees
9 Nov 09
S-8
Registration of securities for employees
6 Dec 07
Other
UPLOAD
Letter from SEC
21 Apr 21
CORRESP
Correspondence with SEC
29 Mar 21
UPLOAD
Letter from SEC
15 Mar 21
CT ORDER
Confidential treatment order
18 Aug 19
CT ORDER
Confidential treatment order
13 Aug 18
CT ORDER
Confidential treatment order
16 Jul 17
CT ORDER
Confidential treatment order
26 Jan 17
CT ORDER
Confidential treatment order
15 Aug 16
CT ORDER
Confidential treatment order
20 Jul 15
CT ORDER
Confidential treatment order
22 Jun 14
Ownership
11-K
Annual report of employee stock purchases
29 Jun 22
4
AMERICAS CARMART / Daniel J Englander ownership change
4 May 22
4
AMERICAS CARMART / WILLIAM H HENDERSON ownership change
4 May 22
4
AMERICAS CARMART / JOSHUA G WELCH ownership change
4 May 22
4
AMERICAS CARMART / DAWN C MORRIS ownership change
4 May 22
4
AMERICAS CARMART / Julia K. Davis ownership change
4 May 22
4
AMERICAS CARMART / Ann G. Bordelon ownership change
4 May 22
4
AMERICAS CARMART / JOSHUA G WELCH ownership change
5 Apr 22
4
AMERICAS CARMART / Leonard L. Walthall ownership change
25 Feb 22
4
AMERICAS CARMART / Jeffrey A Williams ownership change
23 Feb 22
Transcripts
2023 Q1
Earnings call transcript
18 Aug 22
2022 Q4
Earnings call transcript
24 May 22
2022 Q3
Earnings call transcript
17 Feb 22
2022 Q2
Earnings call transcript
18 Nov 21
2022 Q1
Earnings call transcript
18 Aug 21
2021 Q4
Earnings call transcript
25 May 21
2021 Q3
Earnings call transcript
17 Feb 21
2021 Q2
Earnings call transcript
17 Nov 20
2021 Q1
Earnings call transcript
18 Aug 20
2020 Q4
Earnings call transcript
22 May 20
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