“Car-Mart has tremendous growth opportunities especially in states like Alabama. Albertville is our 9th location in Alabama, a state that has potential much like our home state of Arkansas, where we have 37 dealerships. We look forward to opening many more dealerships in Alabama in the future. We are dedicated to offering the best value for people looking for good, basic affordable transportation and the financing to go with it. Our newest dealerships are performing well and we continue to be excited about our future,” said William H. (“Hank”) Henderson, President and Chief Executive Officer of America’s Car-Mart. “The Albertville dealership will be managed by Brad Martin who is very excited to lead our efforts at this great new Car-Mart location.”
“We now operate 108 dealerships in eight states. We anticipate opening new lots at an approximate 10% annual rate into the future,” said Jeff Williams, Chief Financial Officer. “Our solid financial results, strong balance sheet and competitive strengths will continue to allow us to provide the best possible service to our over 51,000 active customers and to future customers we will gain as we grow.”
About America’s Car-Mart
America’s Car-Mart operates 108 automotive dealerships in eight states and is the largest publicly-held automotive retailer 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.