America's Car-Mart, Inc. (CRMT) CEO Jeff Williams on Q3 2020 Results - Earnings Call Transcript

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Q3: 2020-02-19 Earnings Summary

EPS of $1.70 misses by $0.06
 | Revenue of $186.73M (15.94% Y/Y) beats by $10.77M

America's Car-Mart, Inc. (NASDAQ:CRMT) Q3 2020 Earnings Conference Call February 20, 2020 11:00 AM ET

Company Participants

Jeff Williams - President & Chief Executive Officer
Vickie Judy – Chief Financial Officer & Secretary

Conference Call Participants

Yarden Amsalem - Bank of America
Kyle Joseph - Jefferies
Vincent Caintic - Stephens
John Rowan – Janney

Operator

Good morning everyone. Thank you for holding and welcome to America's Car-Mart's Third Quarter Fiscal 2020 Conference Call. The topic of this call will be the earnings and operating results for the company third quarter for fiscal 2020. Before we begin, I would like to remind everyone that this call is being recorded and will be available for replay for the next 30 days. The dial-in number and access information are included in last night's press release which can be found on America's Car-Mart's website at www.car-mart.com.

As you all know some of our management's comments today may include forward-looking statements which inherently involve risks and uncertainties that could cause actual results to differ materially from management's present view. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

The company cannot guarantee the accuracy of any forecast or estimate nor does it undertake any obligation to update such forward-looking statements. For more information regarding forward-looking information, please see Part one of the company's annual report on Form 10-K for the fiscal year ended April 30, 2019 and its current and quarterly reports furnished to or filed with the Securities and Exchange Commission on Forms 8-K and 10-Q.

Participating on this call this morning are Jeff Williams, the company's President and Chief Executive Officer and Vickie Judy Chief Financial Officer. And now I'd like to turn the call over to the company's Chief Executive Officer, Jeff Williams.

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