Car-Mart Uses GPS To Improve ‘Efficiency’
Car-Mart announced in its quarterly earnings report in August that it had invested in the GPS technology and the devices were now in about 67 percent of the cars it had sold. It should be no shocking news flash that many car buyers at dealerships such as Car-Mart have little credit or not the best of credit and thus are considered high risk. read more >
by Marty Cook -
America’s Car-Mart 2Q Earnings Rise Amid Higher Sales
America's Car-Mart Inc. of Bentonville reports second-quarter earnings of $7.5 million, a 29.5 percent increase from the same quarter a year ago. read more >
by Marty Cook -
Car-Mart Stays the Course in Low-Interest Environment
Fiscal 2014, which ended April 30, was ‘a pretty stout year’ for America’s Car-Mart Inc., where sales were up but earnings were down 34 percent. Fortunately, the new year is looking better. read more >
by Marty Cook -
Car-Mart Net Revenue Up Slightly While Net Income Slips
The company said diluted earnings per share were 79 cents, the same as a year ago but more than the average analyst estimate of 62 cents. read more >
by Marty Cook -
America’s Car-Mart Adds Kenny Gunderman to Board
America’s Car-Mart Inc. of Bentonville adds Kenny Gunderman to its board of directors at the company’s shareholders meeting Wednesday. read more >
by Marty Cook -
America’s Car-Mart Execs Do Without Bonuses
America's Car-Mart's disappointing bottom line in its most recent fiscal year was reflected in the compensation its top executives received, the proxy statement filed this week shows. read more >
by Gwen Moritz -
Update: America’s Car-Mart 4Q Profit Drops 28 Percent
America's Car-Mart Inc. of Bentonville reports fourth-quarter net income of $6.8 million, down 28 percent from the same quarter last year as "too many" of its customers didn't "successfully fulfill the requirements of their contracts." read more >
by Marty Cook -
America’s Car-Mart 3Q Profit Falls In ‘Tough’ Conditions for Buyers
America's Car-Mart Inc. of Bentonville reports third-quarter profit of $1.5 million, or 16 cents per share, down 81 percent from $8 million, or 84 cents per share, in the same quarter last year. read more >
America’s Car-Mart 2Q Profit Down 20 Percent
America's Car-Mart Inc. of Bentonville says second-quarter net income was $5.8 million, down about 20 percent from $7.3 million in the same quarter last year. But CEO Hank Henderson says the firm remains committed to focusing on customers and earning repeat business. read more >
by Lance Turner -
America’s Car-Mart Executives Saw Raises in 2012
Hank Henderson, CEO of America's Car-Mart of Bentonville, got a 26 percent raise in his base salary in 2012, and the company's CFO and COO each got raises of 32 percent. Between fiscal 2011 and fiscal 2013, Henderson's base salary increased from $350,000 to $440,000, and he got a raise of 26 percent in January 2012. read more >
by Gwen Moritz -
America’s Car-Mart 4Q Profit Down 9 Percent
America's Car-Mart Inc. of Bentonville reports fourth-quarter net income of $8.8 million, down about 9 percent from the same quarter last year. Meanwhile, fourth-quarter revenue reached $126 milion, beating analysts' estimates of $119 million and rising 11 percent from the same time last year. read more >
by Lance Turner -
America’s Car-Mart Plans 3 New Dealerships Before Quarter’s End
America's Car-Mart Inc. of Bentonville continues adding used car dealerships. The publicly traded firm says it plans to open three new dealerships by the end of the quarter. It also just opened its 118th dealership, located in located in Enterprise, Ala. read more >
by Lance Turner -