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Why America's Car-Mart Shares Are Sliding Today

America’s Car-Mart Inc (NASDAQ:CRMT) shares are trading lower after the company reported worse-than expected fourth-quarter EPS and a sales decline. The company reported a fourth-quarter FY24 sales decline of 5.8% year-on-year to $364.67 million, beating the analyst consensus estimate of $361.47 million. The decrease in revenue was primarily driven by the decrease in retail units sold.  Same-store revenue declined 5.3% versus a growth of 12.2% reported a year ago. Customer count slipped 0.1%. Average total collected per active customer per month amounted to $554 ...