Car-Mart opens dealership No. 138

by The City Wire staff ([email protected]) 169 views 

America's Car-Mart recently announced the opening of its 138th dealership located in Miami, Okla.

Miami is the 26th dealership in Oklahoma and the fourth new dealership opening for fiscal year 2015. The Miami dealership will be managed by Cody Degraffenreid. 

“We intend to add new dealerships selectively in what we consider to be good, solid communities with a targeted number of eight dealership openings for fiscal 2015, subject to favorable operating performance,” said CEO Hank Henderson.

Car-Mart shares opened trading Monday (Dec. 22) at $49.20. Shares were trading at $49.37, down 6 cents in Monday’s morning session. Over the past 52 weeks Car-Mart shares have ranged in price from $34.56 to $54.58.