America’s Car-Mart, Inc. reports developments tied to its integrated used-vehicle sales and finance model. The company operates automotive dealerships in 12 states, primarily in smaller South-Central U.S. markets, and sells used vehicles while providing financing for substantially all of its customers.
Recurring news covers quarterly operating results, unit sales, gross profit, interest income, collections, finance receivables, delinquencies, charge-offs and credit-loss allowances. Company updates also address capital-structure actions, asset-backed securitizations through ACM Auto Trust transactions, secured lending arrangements, dealership footprint optimization, SG&A cost control, inventory capacity and customer-facing finance technology.
America’s Car-Mart, Inc. (NASDAQ: CRMT) has opened its 151st dealership in Edmond, OK, marking its 28th location in Oklahoma and the third for fiscal year 2021. The dealership will be managed by April Renfro. According to CEO Jeff Williams, the company aims to provide quality used vehicles alongside financing and exceptional service. The new dealership is part of Car-Mart's strategy to establish a presence in growing communities, enhancing customer experience with flexible financing options. Customers can shop both in-store and online.
America’s Car-Mart has unveiled a new visual identity and tagline, 'Keeping You on the Road', highlighting its commitment to serve customers in the used car market. This rebranding reflects a decade-long evolution, focusing on delivering quality vehicles and customer service. The new logo, incorporating a highway icon, symbolizes freedom and American spirit. The initiative, developed collaboratively with associates, will be implemented across all dealerships and digital platforms. Car-Mart operates in twelve states and has sold over 700,000 vehicles since 2000, emphasizing flexible financing options for customers with varied credit histories.
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America’s Car-Mart, Inc. (NASDAQ: CRMT) will disclose its fiscal 2021 second quarter financial results on November 16, 2020, after market close. A conference call for management to discuss these results is scheduled for November 17, 2020, at 11:00 a.m. Eastern. The call can be accessed by dialing (877) 776-4031, and an international number is also provided. A replay will be available for thirty days post-call. Car-Mart operates automotive dealerships across twelve states, focusing on the used car market and offering integrated sales and financing options.
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America’s Car-Mart (NASDAQ: CRMT) has opened its 150th dealership in Chattanooga, TN, enhancing its presence in Tennessee with this being its seventh location in the state. Managed by Char Green, the dealership aims to provide not only quality used vehicles but also flexible financing options tailored to customers with various credit backgrounds. The company focuses on community engagement and exceptional customer service, believing that its unique approach enhances customer experiences and meets local needs.
America's Car-Mart, Inc. (NASDAQ: CRMT) will release its fiscal 2021 first quarter financial results on August 17, 2020, after market closure. A conference call with senior management is scheduled for August 18, 2020, at 11:00 a.m. (Eastern), accessible via phone or webcast. The call can be joined by dialing (877) 776-4031, with a conference ID of #3239645. An audio replay will be available for thirty days post-call. America's Car-Mart operates automotive dealerships across twelve states, focusing on used car sales and financing, and emphasizes customer service.
America’s Car-Mart (NASDAQ: CRMT) announced the opening of its 149th dealership in Cabot, Arkansas, marking the first of fiscal year 2021. This new location aims to serve the growing community with quality used vehicles and flexible financing options. The dealership will be managed by Dennis Johnson, who emphasizes a unique buying experience for customers. Car-Mart, which operates across twelve states, is focused on providing exceptional service and has sold nearly 700,000 vehicles since 2000.
America's Car-Mart, Inc. (NASDAQ: CRMT) is relocating its corporate office from Bentonville to a larger facility in Rogers, AR, aimed at accommodating business growth. The new office, situated at 1805 N. 2nd Street in the Benchmark Group Building, will enable all corporate associates to work together in one location for improved efficiency and productivity. CEO Jeff Williams noted this move as a significant milestone, enhancing collaboration and serving their dealerships and customer base better. The Rogers-Lowell Area Chamber of Commerce expressed its support for Car-Mart's relocation.
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