CRMT ==> The NCAA 2012 Winner!

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  • mrmarket
    Administrator
    • Sep 2003
    • 5971

    #31
    Hold onto your hats!

    America's Car-Mart, Inc. Schedules Release of Second Quarter 2015 Results and Conference Call


    America's Car-Mart Inc.November 6, 2014 6:22 PMGlobeNewswire






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    Bentonville, AR, Nov. 6, 2014 (GLOBE NEWSWIRE) -- America's Car-Mart, Inc. (CRMT) today announced it will release fiscal 2015 second quarter financial results on Wednesday November 19, 2014 after the market closes. Senior management will hold a conference call the following day, Thursday November 20, 2014 at 11:00 a.m. (Eastern).
    A live audio of the conference call will be accessible to the public by calling (877) 776-4031. International callers should dial (631) 291-4132. Callers should dial in approximately 10 minutes before the call begins.
    A conference call replay will be available two hours following the call for thirty days and can be accessed by calling (855) 859-2056, conference ID #32939342; International callers should dial (404) 537-3406.
    A webcast of the conference call will also be available on the Company's website www.car-mart.com.
    =============================

    I am HUGE! Bring me your finest meats and cheeses.

    - $$$MR. MARKET$$$

    Comment

    • mrmarket
      Administrator
      • Sep 2003
      • 5971

      #32
      U SEEEEES??? Up 14% today!!!


      America's Car-Mart Reports Diluted Earnings per Share of $.83 on Revenue Increase of 10.2% to $134 Million

      America's Car-Mart Inc.17 hours agoGlobeNewswire






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      BENTONVILLE, Ark., Nov. 19, 2014 (GLOBE NEWSWIRE) -- America's Car-Mart, Inc. (CRMT) today announced its operating results for the second quarter of fiscal 2015. The Company repurchased 180,525 shares of its common stock during the quarter representing 2.1% of the outstanding shares. On November 19, 2014, the Company's Board of Directors once again re-authorized the repurchase of up to 1 million shares of its common stock under the common stock repurchase program which was last amended and approved in August of 2012.
      Highlights of second quarter operating results:
      • Net income of $7.5 million - $.83 per diluted share vs. $.61 per diluted share for prior year quarter
      • Revenues of $134 million compared to $121 million for the prior year quarter with same store revenue growth of 5.4%
      • Retail unit sales increase of 13.9% to 12,084 from 10,608 for the prior year quarter with 29.6 retail units sold per dealership per month up from 27.6 for prior year quarter
      • Average retail sales price decreased $220 to $9,490 or 2.3% from the prior year quarter and increased $26 sequentially
      • Net charge-offs as a percent of average finance receivables of 7.0%, up from 6.9% for prior year quarter
      • Provision for credit losses of 26.3% of sales consistent with the prior year quarter
      • Selling, General and Administrative Expenses at 17.3% of sales vs. 18.2% for prior year quarter
      • Active accounts base now over 63,000
      • Debt to equity of 48.4% and debt to finance receivables of 25.9%
      • Allowance for credit losses at 23.8% of finance receivables, net of deferred revenue at October 31, 2014

      =============================

      I am HUGE! Bring me your finest meats and cheeses.

      - $$$MR. MARKET$$$

      Comment

      • jiesen
        Senior Member
        • Sep 2003
        • 5319

        #33
        Originally posted by mrmarket View Post
        U SEEEEES??? Up 14% today!!
        Vroom vroom, Go go CRMT!!! from 40s to 60 in two weeks flat, I'm thinking. This is going to blow right past your $52 target! Glad I'm in it for this ride... and thanks for the awesome pick, $$MM!!!

        Comment

        • jiesen
          Senior Member
          • Sep 2003
          • 5319

          #34
          Wow, CRMT just hit my limit at 51.5! Sold for a 15% gain today, and now I'm thinking to maybe buy back in again to ride the 50-60 CRMT train. Anyway, thanks for this awesome pick, $$MM!! You are HUUUUUUUUUUUUUUUUUUUUGGGGGEEEEE!!!!!

          Comment

          • Karel
            Administrator
            • Sep 2003
            • 2199

            #35
            $$$Mr. Market$$$ is HUGE ! ! !

            I had not been in a hurry to renew my limit order for CRMT, so now I was forced to
            sell at 52+ instead of 51.93. No problem!
            My Investopedia portfolio
            (You need to have a (free) Investopedia or Facebook login, sorry!)

            Comment

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