UPDATE 2-America's Car-Mart profit beats estimates; shares surge

Newswire

(Adds details, CEO comments, share movement) June 26 (Reuters) - Automotive retailer America's Car-Mart Inc posted higher quarterly results that beat market expectations, helped by higher sales from a better selection of cars and heavy investment in advertising, sending its shares up 18 percent to their new year-high. The company, which helps people with limited credit histories buy used cars, also attributed higher sales to more efficient efforts in providing credit and collecting ...

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