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America's national debt has passed 40 trillion dollars, which is putting upward pressure on long-term interest rates. This matters for a company like Car-Mart because higher rates make car loans more expensive for its customers, who already struggle with credit.
Since the company provides financing directly to its buyers, any rise in borrowing costs makes it harder for its customers to afford payments. This can lead to fewer sales or more people failing to pay back their loans, which is a major risk for a business already managing high credit losses.
Source: Bloomberg Markets and Finance
Lenders led by Silver Point Finance have agreed to keep the company afloat for a few more days, extending a waiver on debt defaults through November 1. This is the latest in a string of short-term extensions that give the company room to operate while it tries to find a permanent way to fix its finances.
Along with the extra time, the company took on 5 million dollars in new loans on October 15 to help cover its daily costs. While this keeps the doors open, the business remains in a fragile state. It is currently working with a special committee to find a buyer or a new source of funding, but there is no guarantee a deal will be reached that protects the value of current shares.
Source: 8-K filing
SEC filing on 2026-10-15: 8-K, 8-K filing: entered a material agreement; other event the company deems important.
What the filing says (its own text, every fact in the card must come from here, and NAME the specific person, role and date it gives): false 0000799850 0000799850 2026-10-14 2026-10-14 iso4217:USD xbrli:shares iso4217:USD xbrli:shares UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 14, 2026 America's Car-Mart, Inc. (Exact name of registrant as specified in its charter) Texas 0-14939 63-0851141 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification Number) 1805 North 2nd Street , Suite 401 , Rogers , Arkansas 72756 (Address of principal executive offices) (Zip Code) (479) 464-9944 (Registrant's telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934. Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share CRMT NASDAQ Global Select Market Item 1.01 Entry into a Material Definitive Agreement. As disclosed in its Current Report on Form 8-K filed on June 25, 2026 (the "June 25th Current Report"), and other recent Current Reports on Form 8-K (together with the June 25th Current Report, the "Prior Current Reports"), America's Car-Mart, Inc. (the "Company") entered into the First Amendment and Limited Waiver to Credit and Guaranty Agreement (the "Amendment") with Silver Point Finance, LLC, as Administrative Agent and Collateral Agent (the "Agent"), and the lenders party thereto (collectively, the "Lenders"), amending and providing certain limited waivers under the Credit and Guaranty Agreement dated as of October 30, 2025 (the "Credit Agreement"). Pursuant to the Amendment, the Lenders agreed to waive, for the period from the effective date of the Amendment to September 7, 2026 (the "Scheduled Termination Date"), certain anticipated or existing events of default under the Credit Agreement. As previously disclosed, since September 4, 2026, the Agent and Lenders have agreed to a series of extensions of the Scheduled Termination Date through October 15, 2026, and have provided temporary relief through October 15, 2026, with respect to the Company's obligations to maintain certain minimum liquidity thresholds and a minimum Collateral Coverage Ratio (as defined in the Credit Agreement), each as described in the June 25th Current Report (collectively, the "Prior Extensions"). On October 14, 2026, the Agent and Lenders agreed to further extend the Scheduled Termination Date and the temporary relief with respect to the minimum liquidity thresholds and minimum Collateral Coverage Ratio through October 22, 2026 (the "Current Extension" and, together with the Prior Extensions, the "Extensions"). Item 8.01 Other Events. As previously disclosed, the Company remains engaged in an evaluation of strategic alternatives, overseen by a special committee of the Company's board of directors and which may include potential financing, recapitalization, restructuring, mergers and acquisitions, and other transactions. The Company believes it has made significant progress towards a transaction and that discussions remain active with third-parties, the Agent, and the Lenders. As described in the Prior Current Reports, the Company has experienced, or anticipates experiencing, events of default under the Credit Agreement, including the failure or expected failure to comply with certain financial covenants and reporting obligations. Pursuant to the Amendment, the Lenders have agreed to waive such defaults for the Specified Period (as defined in the Amendment) on the terms described in the June 25th Current Report, as extended by the Extensions. There can be no assurance that the Company will satisfy the conditions to a permanent waiver of such defaults, that the Company's review of strategic and financing alternatives will result in any transaction or other outcome favorable to the Company or its stockholders or that the Company will be able to achieve a sustainable capital structure. Forward-Looking Statements. This Current Report on Form 8-K contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this Current Report that do not relate to matters of historical fact should be considered forward-looking statements. Words such as "expects," "believes," "will," "would," "plans," "intends," "continue," "remain," and other similar words and expressions are intended to signify forward-looking statements. These forward-looking statements include, without limitation, statements regarding the Amendment and the covenant relief and waivers provided thereunder, the duration of the waiver and relief period and the Company's ability to extend that period, the Company's review of strategic and financing alternatives and the potential outcomes thereof, the Company's liquidity and efforts to preserve it, and the Company's expectations regarding its future business and operation
Source: 8-K filing
SEC filing on 2026-10-08: 8-K, 8-K filing: entered a material agreement; other event the company deems important.
What the filing says (its own text, every fact in the card must come from here, and NAME the specific person, role and date it gives): false 0000799850 0000799850 2026-10-08 2026-10-08 iso4217:USD xbrli:shares iso4217:USD xbrli:shares UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 8, 2026 America's Car-Mart, Inc. (Exact name of registrant as specified in its charter) Texas (State or other jurisdiction of incorporation) 0-14939 (Commission File Number) 63-0851141 (IRS Employer Identification Number) 1805 North 2nd Street , Suite 401 , Rogers , Arkansas 72756 (Address of principal executive offices) (Zip Code) (479) 464-9944 (Registrant's telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934. Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share CRMT NASDAQ Global Select Market Item 1.01 Entry into a Material Definitive Agreement. As disclosed in its Current Report on Form 8-K filed on June 25, 2026 (the "June 25th Current Report"), and other recent Current Reports on Form 8-K (together with the June 25th Current Report, the "Prior Current Reports"), America's Car-Mart, Inc. (the "Company") entered into the First Amendment and Limited Waiver to Credit and Guaranty Agreement (the "Amendment") with Silver Point Finance, LLC, as Administrative Agent and Collateral Agent (the "Agent"), and the lenders party thereto (collectively, the "Lenders"), amending and providing certain limited waivers under the Credit and Guaranty Agreement dated as of October 30, 2025 (the "Credit Agreement"). Pursuant to the Amendment, the Lenders agreed to waive, for the period from the effective date of the Amendment to September 7, 2026 (the "Scheduled Termination Date"), certain anticipated or existing events of default under the Credit Agreement. As previously disclosed, since September 4, 2026, the Agent and Lenders have agreed to a series of extensions of the Scheduled Termination Date through October 8, 2026, and have provided temporary relief through October 8, 2026, with respect to the Company's obligations to maintain certain minimum liquidity thresholds and a minimum Collateral Coverage Ratio (as defined in the Credit Agreement), each as described in the June 25th Current Report (collectively, the "Prior Extensions"). On October 8, 2026, the Agent and Lenders agreed to further extend the Scheduled Termination Date and the temporary relief with respect to the minimum liquidity thresholds and minimum Collateral Coverage Ratio through October 15, 2026 (the "Current Extension" and, together with the Prior Extensions, the "Extensions"). Item 8.01 Other Events. As previously disclosed, the Company remains engaged in an evaluation of strategic alternatives, overseen by a special committee of the Company's board of directors and which may include potential financing, recapitalization, restructuring, mergers and acquisitions, and other transactions. The Company believes it has made significant progress towards a transaction and that discussions remain active with third-parties, the Agent, and the Lenders. As described in the Prior Current Reports, the Company has experienced, or anticipates experiencing, events of default under the Credit Agreement, including the failure or expected failure to comply with certain financial covenants and reporting obligations. Pursuant to the Amendment, the Lenders have agreed to waive such defaults for the Specified Period (as defined in the Amendment) on the terms described in the June 25th Current Report, as extended by the Extensions. There can be no assurance that the Company will satisfy the conditions to a permanent waiver of such defaults, that the Company's review of strategic and financing alternatives will result in any transaction or other outcome favorable to the Company or its stockholders or that the Company will be able to achieve a sustainable capital structure. Forward-Looking Statements. This Current Report on Form 8-K contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this Current Report that do not relate to matters of historical fact should be considered forward-looking statements. Words such as "expects," "believes," "will," "would," "plans," "intends," "continue," "remain," and other similar words and expressions are intended to signify forward-looking statements. These forward-looking statements include, without limitation, statements regarding the Amendment and the covenant relief and waivers provided thereunder, the duration of the waiver and relief period and the Company's ability to extend that period, the Company's review of strategic and financing alternatives and the potential outcomes thereof, the Company's liquidity and efforts to preserve it, and the Company's expectations regarding its future business and operations. A
Source: 8-K filing
Management has repeatedly missed their own targets by wide margins, showing they have lost their grip on forecasting as the business struggles to survive.
| Expectation | |
|---|---|
| EPS | $-0.59 |
| Revenue | $293M |
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