Americas Carmart Inc 8-K, filed Mar 25, 2021
Americas Carmart Inc (CRMT)
About this 8-K
Americas Carmart Inc filed this 8-K on March 25, 2021.
Items reported
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM
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CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
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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:
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Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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. ☐
On March 25, 2021, the Company issued a press release announcing the release of its first Corporate Responsibility Report. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
In accordance with General Instruction B.2., the information contained in Item 7.01 of this Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act. The Company undertakes no obligation to update or revise this information.
(d) Exhibits.
| 99.1 | Press release announcing inaugural corporate responsibility report | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL Document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| America's Car-Mart Inc. | ||
| Date: March 25, 2021 | By: | /s/ Vickie D. Judy |
| Vickie D. Judy | ||
| Chief Financial Officer (Principal Financial Officer) | ||
EXHIBIT 99.1
America’s Car-Mart, Inc. Releases Inaugural Corporate Responsibility Report
ROGERS, Ark., March 25, 2021 (GLOBE NEWSWIRE) -- America’s Car-Mart, Inc. (NASDAQ: CRMT) today released its first Corporate Responsibility Report as part of its ongoing efforts to increase disclosures and transparency. The report highlights the Company’s commitment to sustainable business practices and especially its focus on its people, the communities, and customers it serves. The report highlights how the Company is addressing key environmental, social and governance (ESG) areas. The report covers information and activities through January 31, 2021.
“Our business strategy is focused on operational excellence and long-term growth, backed with governance principles. Our people, more than 2,000 associates across 12 states, are committed to making a difference for customers, their communities and each other. In fact, during Car-Mart’s 40-year history, we are proud of supporting social issues directly in our communities where we can have the most impact,” said Jeff Williams, President and Chief Executive Officer.
“This principle of ‘doing the right thing’ comes through in both our achievements and our commitments to various stakeholders,” added Mr. Williams. “It is the foundation of our corporate responsibility philosophy and is the basis for how we now review our work in ESG areas and their impact on our stakeholders. Car-Mart’s responsibility to help address concerns from customers, associates, communities, and shareholders is now further defined and integrated into our business strategies.”
America’s Car-Mart is committed to reviewing the environmental impacts of the Company’s operations and services and setting appropriate environmental improvement goals. Studies are under way internally in 2021 to determine how those goals will be quantified to reflect their impact on climate and carbon footprint.
To learn more about the Company’s ESG efforts and to view the full report, please visit http://ir.car-mart.com/ESG/ESG-reports.
About America's Car-Mart
America’s Car-Mart operates automotive dealerships in twelve states and is one of the largest publicly held automotive retailers in the United States focused exclusively on the “Integrated Auto Sales and Finance” segment of the used car market. The Company emphasizes superior customer service and the building of strong personal relationships with its customers. The Company operates its dealerships primarily in smaller cities throughout the South-Central United States selling quality used vehicles and providing financing for substantially all of its customers. For more information about America’s Car-Mart, including investor presentations, please visit our website at www.car-mart.com.
| Contacts: | Jeffrey A. Williams, President and CEO (479) 464-9944 or Vickie D. Judy, CFO (479) 464-9944 | |