America's Car Mart slides after bottom line falls short

• America's Car-Mart (NASDAQ:CRMT -20.7%) slumps after a painful FQ2 EPS miss.
• The company says margin rates took a hit due in part to higher repair costs.
• The provision for credit losses was 32.4% of sales vs. 26.3% a year ago. SG&A expenses as a percentage of sales were also higher.
• Previously: America's Car-Mart misses by $0.41, misses on revenue (Nov. 19 2015)