Americas Carmart Inc $CRMT

What the company doesAI summary of filing

America's Car-Mart, Inc. 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 sells older model used vehicles, typically five to twelve years old, primarily to customers with limited financial resources and imperfect credit histories who would not qualify for conventional financing, and finances substantially all of its sales through installment contracts with terms averaging 49 months at a weighted average interest rate of 17.7%. As of April 30, 2026, the company operated 94 dealerships located primarily in small cities throughout the South-Central United States and generated revenue through vehicle sales, financing charges, service contracts, accident protection plans, and contract modifications. The company is revenue-generating and currently focused on stabilizing operations and preserving liquidity due to going concern doubts related to its capital structure and liquidity constraints. [10-K 2026-07-14]