AMERICAS CARMART INC — Form 8-K

Americas Car-Mart reported FY2026 net loss of $139.1M (vs. $17.9M profit in FY2025) on revenue of $1,281.5M (down 7.9%). Sales volumes fell 14.3% to 48,891 units; finance receivables declined 6.4% to $1.41B principal. The company closed 60 dealerships (154→94 active), incurring $11.0M asset impairment. On June 19, 2026, Car-Mart amended its senior secured credit agreement with lenders for covenant relief and a defined runway to pursue financing/strategic alternatives. Management disclosed substantial doubt about going-concern status due to liquidity constraints and inability to secure additional financing; the company cannot assure it will obtain acceptable terms or complete any transaction. Unrestricted cash increased to $47.0M (from $9.8M) after capital preservation actions.