by - August 23, 2018 4:50 pm
Over the past decade, the average age of vehicles in U.S. households has risen to nearly 11 years old as buyers turn to the used car market or delay purchases…
by - August 16, 2018 6:56 pm
America’s Car-Mart first-quarter earnings and revenue rose 55.7% and 12%, respectively, beating analysts’ estimates, as investments into the company’s general manager recruitment and training program have started to show. The…
by - February 19, 2018 7:22 pm
America’s Car-Mart received a third-quarter earnings boost as a result of tax reform and growth in down payments and same-store sales. Meanwhile, the Bentonville-based buy here, pay here used car…
by - January 9, 2018 4:18 pm
Deep subprime lending has tightened in the used car industry, and America’s Car-Mart expects to see customer traffic increase. But the level at which the Bentonville-based buy here, pay here…
by - December 31, 2017 2:22 pm
America’s Car-Mart is ready to grow, and Jeff Williams, president and chief financial officer, will be leading the way when he becomes CEO in January. “We have built this big…
by - November 16, 2017 6:15 pm
America’s Car-Mart profit increased 19% while revenue was flat in the second quarter as interest income was up $1.7 million and same-store revenue narrowly rose. After the market closed Thursday…
by - November 15, 2017 12:32 pm
America’s Car-Mart looks to not only benefit from an improving used car market but also from the recently proposed tax reform. The Bentonville-based buy here, pay here used car dealership…
by - June 5, 2017 10:28 am
Shareholders of Bentonville-based America’s Car-Mart will have the opportunity to select Ray Dillon to serve on the company’s board. The board of directors for the buy here, pay here car…
by - April 4, 2017 10:42 am
An index for used vehicles prices has fallen 8% since February 2016, and the decline was attributed to car manufacturers increasing incentives by 18%, a 6% rise in auction sales…
by - November 19, 2015 7:43 pm
The driving wasn’t so easy in the second fiscal quarter for Bentonville-based America’s Car-Mart. The company posted a net loss of $495,000 in the quarter ending Oct. 31, compared to…
by - October 8, 2015 4:16 pm
In less than a week Bentonville-based America’s Car-Mart has opened two more dealerships, expanding its reach across Georgia with this latest 145th car lot located in Macon. This is the…
by - August 20, 2015 6:20 pm
While calendar 2015 has yet to round out its third quarter, the fiscal 2016 year for America’s Car-Mart is off to slow start. First fiscal quarter net profits were $4.606…
by - May 21, 2015 7:43 pm
It’s been a stellar year for used-car sales evidenced by the explosive growth of Bentonville-based America’s Car-Mart. The buy here, pay here car dealer reported net earnings for fiscal 2015,…
by - November 19, 2014 8:36 pm
America’s Car-Mart is beginning to reap the rewards of its disciplined business model. The company posted net profits of $7.519 million in its second quarter of fiscal 2015. Net income…
by - September 14, 2014 10:47 pm
The rate of auto repossessions jumped 70% across the U.S. led by subprime and deep subprime borrowers, according to credit agency Experian. It’s a jump expected by officials with Bentonville-based…
by - July 10, 2014 2:40 pm
The tide is shifting in auto loan finance with large banks taking market share away from captive finance companies linked to auto makers, according to a recent report from Experian….
by - February 19, 2014 4:57 pm
Higher-than-expected loan losses prompted America’s Car-Mart to amend its credit agreement with lenders. The 2% adjustment to credit losses cut third quarter earnings by $4.9 million, or 68-cents a share,…
by - February 18, 2014 7:05 pm
A recovering economy, more lenders in the subprime auto space and higher charge-offs have thrown a monkey wrench into the operations of America’s Car-Mart, a large buy here, pay here…
by - February 5, 2014 5:44 pm
America’s Car-Mart has made a name for itself and its “drive easy” motto providing credit for used-car sales to generations of higher-risk borrowers since 1981. But, the changing dynamics in…
by - March 28, 2013 11:10 pm
When the closing bell rang on Thursday (March 28) on Good Friday eve, shareholders from shore to shore were surely smiling from ear to ear. Widespread profits abound. And with…
