America's Car-Mart Reports First Quarter Fiscal Year 2027 Results
America's Car-Mart reported first quarter fiscal 2027 revenue of $145.8 million, down 57.3% year-over-year, with retail units sold down 81.9% to 2,450 and a net loss of roughly $69.0 million, or $8.28 per share, versus a $0.69 loss a year ago. CEO Doug Campbell framed the quarter as a capital structure story rather than a demand story: inventory fell 68.7% to $35.2 million as purchases were curtailed to preserve liquidity, while credit quality weakened with net charge-offs at 9.5% versus 6.6% and 30-plus-day delinquencies at 4.6%.
Key figures
- Revenue
- 145751000
- Revenue Yoy
- -57.3%
- Inventory
- 35200000
- Total cash
- 109977000
- Total debt
- 623900000
- Gross margin
- 21.8%
- Delinquency 30d
- 4.6%
- Active customers
- 85753
- Dealership count
- 94
- Retail units yoy
- -81.9%
- Retail units sold
- 2450
- Total collections
- 164400000
- Unrestricted cash
- 27500000
- Allowance coverage
- 24.74%
- Going concern note
- Yes
- Net charge off ratio
- 9.5%
- Covenant relief deadline
- September 11, 2026
- Same store revenue growth
- -47.5%
- Finance receivables principal
- 1190950000
AI analysis
Red flags9 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.