America's Car-Mart, Inc.

Good morning and welcome to America's Car Mart's first quarter fiscal year 2026 earnings conference call for the period ending July 31st, 2025. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. Please be advised that today's conference is being recorded. I would now like to hand the conference over to Jonathan Collins, Chief Financial Officer.

Jonathan, please go ahead. Good morning.

I'm Jonathan Collins, the company's chief financial officer. Welcome to America's Car Mart's first quarter fiscal year 2026 earnings call for the period ending July 31, 2025. Joining me on the call today is Doug Campbell, our company's president and CEO, and Jamie Fisher, our COO. We issued our earnings release earlier this morning, and the supplemental materials are on our website. We will post the transcript of our prepared remarks following this call, and the Q&A session will be available through the webcast. During today's call, certain statements we make may be considered forward-looking and inherently involve risks and uncertainties that could cause actual results to differ materially from management's present view. These statements are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. The company cannot guarantee the accuracy of any forecast or estimate nor does it undertake any obligation to update such forward-looking statements. For more information, including important cautionary notes, please see Part 1 of the company's annual report on Form 10-K for the fiscal year ended April 30, 2025, and our current and quarterly reports furnished to or filed with the Securities Exchange Commission on Forms 8-K and 10-Q. As a note, the comparisons that we will cover will be for the first quarter of fiscal 2026 versus the first quarter of fiscal 2025, unless otherwise noted. Doug, I'll turn it over to you now.