Why America's Car-Mart Shares Are Sliding Today
Why America's Car-Mart Shares Are Sliding Today
America's Car-Mart Inc (NASDAQ:CRMT) shares are trading lower after the company reported worse-than expected fourth-quarter EPS and a sales decline.
美國卡瑪特公司（NASDAQ：CRMT）股票報告第四季度每股收益低於預期，銷售下滑。
The company reported a fourth-quarter FY24 sales decline of 5.8% year-on-year to $364.67 million, beating the analyst consensus estimate of $361.47 million.
該公司報告第四季度FY24銷售額同比下降5.8%至3.6467億美元，超過分析師共識估計的3.6147億美元。
The decrease in revenue was primarily driven by the decrease in retail units sold.
收入下降的主要原因是零售銷售額下降。
Same-store revenue declined 5.3% versus a growth of 12.2% reported a year ago. Customer count slipped 0.1%.
與一年前報告的增長12.2%相比，同店銷售額下降了5.3%。客戶數量下降了0.1%。
Average total collected per active customer per month amounted to $554 compared to $534 last year.
每個活躍客戶每月平均收取的總費用爲554美元，而去年爲534美元。
Total gross profit per retail unit sold was $7,132 compared to $6,354 last year and the profit margin expanded by 200 basis points to 35.5%.
每個零售單位售出的總毛利潤爲7132美元，而去年爲6354美元，利潤率擴大了200個點子，達到35.5%。
The allowance for credit loss as a percentage of finance receivables, net of deferred revenue and pending accident protection plan claims, decreased from 25.74% at January 31, 2024, to 25.32% at April 30, 2024.
用於信貸損失的津貼佔金融應收賬款淨額、遞延收入和未決事故保險理賠的比例從2024年1月31日的25.74%降至2024年4月30日的25.32%。
Selling, general and administrative expenses decreased 2.8% to $44.5 million.
銷售、一般及管理費用下降2.8%至4450萬美元。
EPS of $0.06 missed the analyst consensus estimate of $0.89.
每股收益爲0.06美元，低於分析師的共識預期0.89美元。
Inventory fell 1.7% to $107.5 million. The company held $94.4 million in cash and equivalents as of April 30, 2024.
存貨下降1.7%至1.075億美元。該公司截至2024年4月30日持有9440萬美元的現金及等價物。
"Our sales results improved sequentially but fell short of our internal expectations for the quarter...We are also thrilled about our most recent acquisition and welcome our new associates from Texas Auto Center to the Car-Mart family. This transaction closed June 3, 2024, and is the largest acquisition to date for our company. Despite these positives, the persistent inflationary environment driven by macro trends disproportionately impacted our customer base," said President and CEO Doug Campbell.
“我們的銷售結果按順序改善，但未能達到本季度的內部預期……我們也爲最近的收購感到興奮，並歡迎德克薩斯汽車中心的新同事加入卡瑪特大家庭。這筆交易於2024年6月3日結束，是我們公司迄今爲止最大的一次收購。儘管有這些積極因素，由宏觀趨勢驅動的持續通貨膨脹環境對我們的客戶基礎產生了不成比例的影響，”總裁兼首席執行官道格·坎貝爾說。
Price Action: CRMT shares are trading lower by 7.53% at $57.13 at last check Tuesday.
CRMT股票週二最後交易時以57.13美元的價格下跌了7.53%。
譯文內容由第三人軟體翻譯。