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America’s Car-Mart Moves Fewer Units

America’s Car-Mart Moves Fewer Units Featured

America’s Car-Mart Inc. reported net income of $7.1 million in the quarter ended July 31.

The buy-here, pay-here chain reported revenues of $146 million compared to $143 million for the prior year quarter.

Retail unit sales decreased to 11,957 from 12,244 for the prior year quarter with decreased productivity at 27.9 retail units sold per store per month, down from 28.9 for the prior year quarter.  

Average retail sales price increased $428 to $10,393 from the prior year quarter, but decreased $248 from the quarter ending April 30.

Last modified on Wednesday, 31 August 2016 16:57
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