America’s Car-Mart consolidates 60 locations as part of a strategic review to improve liquidity and capital structure.
America’s Car-Mart (CRMT) will close 60 stores as part of an ongoing strategic review to strengthen its financial position. The move follows a June 19 amendment providing covenant relief, addressing liquidity constraints during fiscal 2026.
Management described the year as transitional, citing limited origination capital and efforts to stabilize the balance sheet. The company has not disclosed specific financial targets but emphasized operational adjustments to support long-term growth.
No immediate market reaction was reported following the announcement.