America's Car-Mart posts loss but raises forecast


IRVING, Texas, June 24 (Reuters) - Used-car dealer chain America's Car-Mart Inc. on Monday posted a fourth-quarter loss but raised its forecast for fiscal 2003 citing better-than-expected operating results. America's Car-Mart, which was previously known as Crown Group Inc., said it posted a fourth quarter loss of $1.1 million, or 16 cents per share, compared with net income of $700,000, or 9 cents per share a year ago. That includes a $4.3 million non-cash after tax charge related to ...

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