by - May 24, 2016 2:19 pm
The buy here, pay here car dealership model used by America’s Car-Mart for the past 35 years is struggling to meet expectations thanks to higher credit losses, sluggish growth and…
by - February 18, 2016 6:10 pm
Higher than expected loan losses and fewer overall unit sales drove America’s Car-Mart profits downhill in the third quarter ending Jan. 31. The Bentonville-based buy here, pay here car dealer…
by - October 2, 2015 2:58 pm
America's Car-Mart Inc. announced the opening of its 144th dealership. The dealership is located in Brunswick, Ga. This marks the company’s eighth dealership in Georgia and the third new dealership…
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 - June 23, 2015 4:52 pm
The used car business is good these days, but not good enough to secure cash performance-based bonuses for America’s Car-Mart’s top two executives. CEO Hank Henderson and chief financial officer…
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 - June 12, 2014 3:22 pm
The top two executives at Bentonville-based America’s Car-Mart did without bonuses and incentive performance pay in fiscal 2014 to the tune of $126,338 for CEO Hank Henderson and $76,749 for…
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 18, 2013 6:44 pm
America’s Car-Mart Inc.shareholders got a nice payday Tuesday (Feb. 19) with stock price gains of more than 10% in the early morning trading on the heels of better-than expected profits….
by - January 16, 2013 12:42 pm
The slow-talking man behind the “Drive Easy” brand of America’s Car-Mart, runs a company that’s anything but simple. While overseeing 119 used auto dealerships complicated by a high-risk finance company…
by - August 7, 2012 3:00 pm
The top three executives at America’s Car-Mart Inc. in Bentonville each got a double-digit boost in pay last year, according to a recent proxy filing with the Securities and Exchange…
by - July 23, 2012 1:09 pm
America's Car-Mart Inc.announced the opening of its 116th dealership which is located in Saint Joseph, Mo., and represents 15 Car-Mart stores in Missouri. "We very proud to be expanding into…
by - June 20, 2012 12:12 am
There’s nothing sexy about selling dependable cars to hardworking people in small- to medium-size towns across the South. But one Bentonville-based company is raking in record profits by doing just…
by - March 28, 2012 3:15 pm
America's Car-Mart Inc. announced the opening of its 113th dealership located in Tupelo, Miss. "Tupelo is our second dealership in Mississippi. We recently opened a dealership in Columbus, Miss. and…
by - March 2, 2012 3:13 pm
The Seasonally Adjusted Annual Rate (SAAR) for U.S. auto sales rose 13.6% in February to its highest level in four years, according to Autodata. Corp. The widely watched industry yardstick…
by - February 20, 2012 10:14 pm
The newest Bentonville behemoth, America’s Car-Mart, hit the road at full speed this year and the company’s stock is expected to continue its rally. Car-Mart shares (NASDAQ:CRMT) have risen 104%…
by - February 15, 2012 7:42 pm
America's Car-Mart Inc. sped through its fiscal third quarter racking up profits of $7.29 million, a 28% improvement from a year ago. That equates to earnings per share of 73…
