Bentonville, Arkansas, June 19, 2014 (GLOBE NEWSWIRE) -- America's Car-Mart, Inc. (NASDAQ: CRMT) today announced the opening of its 135th dealership. The dealership is located in Hixson, Tennessee. Hixson is the 6th dealership in Tennessee and the 1st new dealership opening for fiscal year 2015. The Hixson dealership will be managed by Char Lunsford.
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.
About America's Car-MartAmerica's Car-Mart operates 135 automotive dealerships in ten states and is one of the largest publicly-held automotive retailers in the United States focused exclusively on the "Integrated Auto Sales and Finance" segment of the used car market. The Company emphasizes superior customer service and the building of strong personal relationships with its customers. The Company operates its dealerships primarily in smaller cities throughout the South-Central United States selling quality used vehicles and providing financing for substantially all of its customers. For more information about America's Car-Mart, including investor presentations, please visit our website at www.car-mart.com .
CONTACT: William H. ("Hank") Henderson, CEO at (479) 464-9944 or Jeff Williams, CFO at (479) 418-8021