America's Car-Mart releases fiscal numbers

— America's Car-Mart saw a 6.4-percent increase in diluted funds in its first fiscal quarter, according to a release from the company.

The numbers were unveiled late Thursday afternoon and several spikes were noted, including a net income of $8.1 million and a margin of .83 cents per diluted share against .78 cents per diluted share for 2011.

Revenue also went up for the Bentonville-based dealership chain, showing an increase of 9.4 percent to $110 million for the quarter.

Average retail sales decreased 2 percent, while the company repurchased 215,846 shares of common stock during the quarter, 2.3-percent of the company, for $9.4 million.

Management will hold a conference call at 11 a.m. Friday to discuss the fourth-quarter earnings, with it being publicly accessible at (877) 776-4031.

Read more about this story in tomorrow's Arkansas Democrat-Gazette.

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