Bentonville, Arkansas, March 29, 2013 (GLOBE NEWSWIRE) -- America's Car-Mart, Inc. (NASDAQ: CRMT) todayannounced the opening of its 122 nd and 123 rddealerships. The dealerships are located in Florence, Alabama andKirksville, Missouri. Florence is the 12 th dealership inAlabama and Kirksville is the 17 th dealership inMissouri. The Company has plans to open at least one additionaldealership in April 2013 to finish the full fiscal year with atleast ten new dealership openings. The Florence dealership will be managed byJoshua Lockard and the Kirksville dealership will be managed byShaunCampbell. . About America's Car-Mart America's Car-Mart operates 123 automotivedealerships in ten states and is the largest publicly-heldautomotive retailer in the United States focused exclusively on the"Integrated Auto Sales and Finance" segment of the used carmarket. The Company emphasizes superior customer service andthe building of strong personal relationships with its customers.The Company operates its dealerships primarily in smaller citiesthroughout the South-Central United States selling quality usedvehicles and providing financing for substantially all of itscustomers. For more information about America's Car-Mart,including investor presentations, please visit our website at www.car-mart.com. This press release contains "forward-looking statements" withinthe meaning of the Private Securities Litigation Reform Act of1995. These forward-looking statements address the Company'sfuture objectives, plans and goals, as well as the Company'sintent, beliefs and current expectations regarding future operatingperformance, and can generally be identified by words such as"may," "will," "should," "could," "believe," "expect,""anticipate," "intend," "plan," "foresee," and other similar wordsor phrases. Specific events addressed by theseforward-looking statements include, but are not limited to: · new dealershipopenings; · performance ofnew dealerships; · same storerevenue growth; · annual growthof the number of dealerships; and
· the Company'sbusiness and growth strategies.These forward-looking statements are based on the Company'scurrent estimates and assumptions and involve various risks anduncertainties. As a result, you are cautioned that theseforward-looking statements are not guarantees of futureperformance, and that actual results could differ materially fromthose projected in these forward-looking statements. Factorsthat may cause actual results to differ materially from theCompany's projections include, but are not limited to: · theavailability of credit facilities to support the Company'sbusiness; · the Company'sability to underwrite and collect its loans effectively; · competition; · availabilityof quality vehicles at prices that will be affordable to customers;and · generaleconomic conditions in the markets in which the Company operates,including but not limited to fluctuations in gas prices, groceryprices and employment levels. The Company undertakes no obligation to updateor revise any forward-looking statements, whether as a result ofnew information, future events or otherwise. You arecautioned not to place undue reliance on these forward-lookingstatements, which speak only as of the dates on which they aremade.
CONTACT: William H. ("Hank") Henderson, CEO at (479) 464-9944 or Jeff Williams, CFO at (479) 418-8021