Bentonville

AMERICA’S CAR-MART, INC. SCHEDULES RELEASE OF FOURTH QUARTER AND FULL YEAR 2020 RESULTS AND CONFERENCE CALL

Retrieved on: 
Tuesday, April 21, 2020
Conference call, NASDAQ, Finance, Economy of the United States

Americas Car-Mart, Inc. (NASDAQ: CRMT) today announced it will release fiscal 2020 fourth quarter and full year financial results on Thursday, May 21, 2020, after the market closes.

Key Points: 
  • Americas Car-Mart, Inc. (NASDAQ: CRMT) today announced it will release fiscal 2020 fourth quarter and full year financial results on Thursday, May 21, 2020, after the market closes.
  • Senior management will hold a conference call the following day, Friday, May 22, 2020 at 11:00 a.m. (Eastern).
  • A live audio of the conference call will be accessible to the public by calling (877) 776-4031, conference ID #4983797. International callers should dial (631) 291-4132.
  • Jeffrey A. Williams, President and CEO (479) 464-9944 or Vickie D. Judy, CFO (479) 464-9944

SP+ Parking Operator at Northwest Arkansas National Airport

Retrieved on: 
Thursday, February 20, 2020
XNA, Airports in the United States, Northwest Arkansas, Bentonville, Arkansas, Ronald Reagan Washington National Airport, O'Hare International Airport, Bentonville, Pittsburgh International Airport, States of the United States, Transportation in the United States

CHICAGO, Feb. 20, 2020 (GLOBE NEWSWIRE) -- SP Plus Corporation (SP+), (Nasdaq: SP), a leading provider of technology-driven mobility solutions for aviation, commercial, hospitality and institutional clients throughout North America, announced its commencement of parking operations at Northwest Arkansas National Airport (XNA) in Bentonville, Arkansas.

Key Points: 
  • CHICAGO, Feb. 20, 2020 (GLOBE NEWSWIRE) -- SP Plus Corporation (SP+), (Nasdaq: SP), a leading provider of technology-driven mobility solutions for aviation, commercial, hospitality and institutional clients throughout North America, announced its commencement of parking operations at Northwest Arkansas National Airport (XNA) in Bentonville, Arkansas.
  • The XNA parking facilities now operated by SP+ consist of more than 5,000 spaces, including a deck equipped with a parking guidance and level count system that directs customers to open spots.
  • After another record year of passengers flying into Northwest Arkansas National Airport and the addition of new routes, we are happy to have SP+ helping us effectively manage our growth with new technology and amenities in our parking facilities, said Kelly Johnson, Airport Director/COO for XNA.
  • We are committed to offering convenient service to our passengers from the moment they arrive at the airport.

AMERICA’S CAR-MART, INC. ADDED TO S&P SMALLCAP 600 INDEX

Retrieved on: 
Wednesday, February 12, 2020
S&P 600, NASDAQ, Index, Economy, Business, Articles

Americas Car-Mart, Inc. (NASDAQ: CRMT) is pleased to announce that it has been added to the S&P SmallCap 600 index, effective prior to the open of trading on Thursday, February 13, 2020.

Key Points: 
  • Americas Car-Mart, Inc. (NASDAQ: CRMT) is pleased to announce that it has been added to the S&P SmallCap 600 index, effective prior to the open of trading on Thursday, February 13, 2020.
  • The S&P SmallCap 600 seeks to measure the small-cap segment of the U.S. equity market.
  • The index is designed to track companies that meet specific inclusion criteria to ensure that they are liquid and fiducially viable.
  • Americas Car-Mart, Inc. was named to the Forbes 2019 Americas Best Mid-Size Employers list for two consecutive years and has sold over 650,000 vehicles since fiscal year 2000.

AMERICA’S CAR-MART, INC. SCHEDULES RELEASE OF THIRD QUARTER 2020 RESULTS AND CONFERENCE CALL

Retrieved on: 
Monday, January 27, 2020
Conference call, NASDAQ, Finance, Economy of the United States

Americas Car-Mart, Inc. (NASDAQ: CRMT) today announced it will release fiscal 2020 third quarter financial results on Wednesday, February 19, 2020, after the market closes.

Key Points: 
  • Americas Car-Mart, Inc. (NASDAQ: CRMT) today announced it will release fiscal 2020 third quarter financial results on Wednesday, February 19, 2020, after the market closes.
  • Senior management will hold a conference call the following day, Thursday, February 20, 2020 at 11:00 a.m. (Eastern).
  • A live audio of the conference call will be accessible to the public by calling (877) 776-4031. International callers should dial (631) 291-4132.
  • For more information about Americas Car-Mart, including investor presentations, please visit our website at www.car-mart.com .

America’s Car-Mart Acquires Illinois Dealerships

Retrieved on: 
Tuesday, December 17, 2019
Car dealership, Benton, Southern Illinois, Mount Vernon, Illinois, Cities in the United States, Geography of the United States, Local government in the United States

BENTONVILLE, Ark., Dec. 17, 2019 (GLOBE NEWSWIRE) -- Americas Car-Mart, Inc. (NASDAQ: CRMT) today announced that its subsidiary, Americas Car Mart, Inc., has entered into a definitive agreement to purchase the ongoing dealership assets of Taylor Motor Company and Auto Credit of Southern Illinois (collectively, Taylor Motors) based in Benton, Illinois.

Key Points: 
  • BENTONVILLE, Ark., Dec. 17, 2019 (GLOBE NEWSWIRE) -- Americas Car-Mart, Inc. (NASDAQ: CRMT) today announced that its subsidiary, Americas Car Mart, Inc., has entered into a definitive agreement to purchase the ongoing dealership assets of Taylor Motor Company and Auto Credit of Southern Illinois (collectively, Taylor Motors) based in Benton, Illinois.
  • We are very excited for this opportunity and to be gaining three dealership locations in Marion, Benton and Mount Vernon, Illinois, as well as a vehicle reconditioning location in Benton, Illinois.
  • Illinois will represent our 12th state and these locations are near existing Car-Mart dealerships in surrounding states, said Jeff Williams, President and Chief Executive Officer of the Company.
  • Taylor Motors has served southern Illinois for over 88 years and has strong sales volume productivity with a dominant market position in its service areas.

AMERICA’S CAR-MART, INC. SCHEDULES RELEASE OF SECOND QUARTER 2020 RESULTS AND CONFERENCE CALL

Retrieved on: 
Monday, November 4, 2019
Conference call, NASDAQ, Finance, Economy of the United States

Americas Car-Mart, Inc. (NASDAQ: CRMT) today announced it will release fiscal 2020 second quarter financial results on Monday, November 18, 2019, after the market closes.

Key Points: 
  • Americas Car-Mart, Inc. (NASDAQ: CRMT) today announced it will release fiscal 2020 second quarter financial results on Monday, November 18, 2019, after the market closes.
  • Senior management will hold a conference call the following day, Tuesday, November 19, 2019 at 11:00 a.m. (Eastern).
  • A live audio of the conference call will be accessible to the public by calling (877) 776-4031. International callers should dial (631) 291-4132.
  • For more information about Americas Car-Mart, including investor presentations, please visit our website at www.car-mart.com .

America’s Car-Mart, Inc. Enters Into New Loan and Security Agreement

Retrieved on: 
Tuesday, October 1, 2019
Loans, Credit, Contract law, Loan agreement

BENTONVILLE, Ark., Oct. 01, 2019 (GLOBE NEWSWIRE) -- Americas Car-Mart, Inc. (NASDAQ: CRMT) (the Company) today announced it has entered into a Third Amended and Restated Loan and Security Agreement (Agreement) with a group of lenders effective September 30, 2019.

Key Points: 
  • BENTONVILLE, Ark., Oct. 01, 2019 (GLOBE NEWSWIRE) -- Americas Car-Mart, Inc. (NASDAQ: CRMT) (the Company) today announced it has entered into a Third Amended and Restated Loan and Security Agreement (Agreement) with a group of lenders effective September 30, 2019.
  • The Agreement replaces the Companys Second Amended and Restated Loan and Security Agreement dated December 12, 2016, as most recently amended on December 3, 2018 (Existing Loan Agreement), the terms of which have been previously disclosed by the Company.
  • There were no prepayment penalties in connection with the payment of the balance owed under the Existing Loan Agreement.
  • This new agreement will position us to continue to grow the number of customers we serve and provide excellent customer service.

America's Car-Mart Reports Diluted Earnings per Share of $2.21 on Revenues of $172 Million

Retrieved on: 
Thursday, August 15, 2019

More customers are being successful which is reflected in our net charge-offs being down significantly for the quarter.

Key Points: 
  • More customers are being successful which is reflected in our net charge-offs being down significantly for the quarter.
  • We continue to focus on buying better cars and improving deal structures and the execution of collections practices, said Mr. Williams.
  • We also recognized an additional income tax benefit related to share-based compensation of $276,000, or $0.04 per diluted share, compared to $943,000, or $0.13 per diluted share, for the prior year quarter.
  • During the quarter, we added $17.8 million in receivables, repurchased $4.7 million of our common stock, funded $1.0 million in net capital expenditures, and increased inventory by $7.2 million, with only a $5.8 million increase in debt.