ROGERS, Ark. (AP) — ROGERS, Ark. (AP) — America’s Car-Mart Inc. (CRMT) on Wednesday reported a loss of $964,000 in its fiscal first quarter.
On a per-share basis, the Rogers, Arkansas-based company said it had a loss of 15 cents.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.
The auto retailer posted revenue of $347.8 million in the period.