Car-Mart Reports First Quarter 2025 Financial Results

Company Delivers Strong Performance Amidst Economic Challenges

Key Financial Highlights:

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• Revenue increased 12.5% year-over-year to $525.2 million
• Net income grew 15.2% to $31.5 million
• Diluted EPS rose 14.3% to $1.74 per share
• Total same-store sales increased 9.8%

Car-Mart, a leading automotive retailer specializing in subprime financing, announced its financial results for the first quarter of 2025. The company reported strong financial performance, driven by continued growth in its core business and effective expense management.

Revenue for the quarter reached $525.2 million, representing a 12.5% increase from the same period last year. This growth was primarily attributed to higher vehicle sales and an increase in average selling prices.

Net income for the quarter was $31.5 million, reflecting a 15.2% increase year-over-year. The company's diluted EPS also increased by 14.3% to $1.74 per share.

Total same-store sales, a key indicator of the company's underlying performance, grew by 9.8% during the quarter. This growth was driven by strong demand for used vehicles and the company's ongoing focus on providing flexible financing options to its customers.

Commenting on the results, Jeff Williams, Car-Mart's President and CEO, said, "Our strong first quarter performance is a testament to the resilience of our business model and the dedication of our team. We remain committed to providing our customers with affordable transportation solutions and building long-term relationships with them."

Car-Mart's financial performance in the first quarter of 2025 reflects the company's continued focus on operational efficiency and customer satisfaction. The company's strong financial position and experienced management team position it well for continued growth in the future.