America’s Car-Mart opens 142nd dealership
America's Car-Mart Inc. has opened its 142nd dealership. The dealership is located in Albany, Ga., and it’s the seventh dealership in the peach state for the Bentonville-based used-car dealer. The Albany dealership will be managed by Josh Wolf.
“We currently expect to open our Rolla, Mo., dealership within the next couple of weeks and we have eight additional new location projects in process at this time,” according to CEO Hank Henderson.
Henderson has said the company plans to grow its store count between 8% and 10% annually until it reaches 200 dealerships.
Car-Mart shares are trading at $44.53, up 3 cents in the morning session on Monday (July 27). For the past 52 weeks the share price has ranged from $35.68 to $57.55.