Car-Mart opens 114th dealership

America's Car-Mart Inc. today (April 25) announced the opening of its 114th dealership. The dealership is located in Corinth, Mississippi and represents Car-Mart's third location in the state. 

"We are proud to be expanding our business to great towns like Corinth. Earlier this fiscal year we opened dealerships in Tupelo and Columbus, Mississippi and we are very excited to be expanding in the state and are looking forward to opening additional locations in Mississippi in the upcoming year," said William H. ("Hank") Henderson, President and CEO of America's Car-Mart.

He said with each new dealership the company has an opportunity to provide excellent service to more customers and to earn their repeat business in the future. The Corinth dealership will be managed by Bart Sandoval.

"We now have 114 dealerships in nine states. Corinth is the 8th dealership we have added in fiscal 2012. We have a couple of additional locations that are very close to opening and we will have announcements on those dealerships soon. As we have stated, Car-Mart will continue to focus on increasing sales volumes at our existing stores and at the same time add great new locations," said Jeff Williams, Chief Financial Officer.

He said the company's solid financial results, strong balance sheet and competitive strengths will continue to allow it to provide the best possible service to more than 53,000 active customers and to future customers. 

"Customer success has always been and will continue to be our primary focus. Beyond this fiscal year, we expect to open additional dealerships at an approximate 10% annual rat,." Williams said,