America's Car-Mart Inc. (CRMT) reported fiscal first-quarter results before the opening bell today. The company posted GAAP net income of $7.02 million, compared to $5.29 million in the year-ago period. Earnings per share came in at 60 cents, compared to 45 cents in the year-ago quarter, topping the Zacks Consensus Estimate by 46.3%. America's Car-Mart currently operates 96 automotive dealerships across 8 states in the U.S., and is one of the largest automotive retailers in the country focused exclusively on the “Buy Here/Pay Here" segment of the used car market. The company operates primarily in small cities and rural locations throughout the South Central U.S. and provides financing for most of its customers. The company recorded a 10.7% year-over-year growth in revenues to $83.8 million driven by a 8.5% rise in same-store sales coupled with the launch of new dealerships in Rogers, Arkansas, Okmulgee, Oklahoma and ...