America's Car-Mart Inc (Car-Mart) is a retailer of automotive products. The company operates in the integrated auto sales and finance segment of the used car market. The business sells trucks, sport utility vehicles, and used cars from previous model years. The company also offers flexible financing with weekly, biweekly, and monthly payment options. The company operates dealerships in small cities and rural areas throughout the South-Central US. It purchases vehicles from wholesalers, individuals, new car dealers, and auctions. Cart-Mart is headquartered in Rogers, Arkansas, the US.
Headquarters
United States of America
Address
1805 North 2nd Street, Suite 401, Rogers, Arkansas, 72756
Website
www.car-mart.com
Telephone
1 479 4649944
No of Employees
2,260
Industry
Automotive
Ticker Symbol & Exchange
CRMT (NASD)
Revenue (2023)
$1.4B
17.6%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-78.5%
(2023 vs 2022)
Market Cap*
$362.6M
Net Profit Margin (2023)
XYZ
-81.8%
(2023 vs 2022)
* As of and is in US$
America's Car-Mart Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Used Vehicles | Sales | Car-Mart |
| Financing |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In December, the company announced plans to acquire Central Auto Sales from Mike & Stacey Steven-Assheuer. |
| 2022 | Contracts/Agreements | In December, the company entered into an agreement to acquire Taylor Auto Credit from Credit-Line and Loanco. |
| 2021 | Contracts/Agreements | In December, the company entered into an agreement to acquire Smart Auto and its two used-car dealerships in Tennessee. |
Competitor Comparison
| Key Parameters | America's Car-Mart Inc | CarMax Inc | AutoNation Inc | Group 1 Automotive Inc | Sonic Automotive Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Rogers | Richmond | Fort Lauderdale | Houston | Charlotte |
| State/Province | Arkansas | Virginia | Florida | Texas | North Carolina |
| No. of Employees | 2,260 | 30,621 | 23,600 | 15,491 | 10,300 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Joshua G. Welch | Chairman | Executive Board | 2020 | 58 |
| Doug Campbell | Chief Executive Officer; Director | Executive Board | 2023 | - |
| Vickie D. Judy | Chief Financial Officer | Senior Management | 2018 | 57 |
| Jonathan Z. Buba | Director | Non Executive Board | 2023 | - |
| Julia K. Davis | Director | Non Executive Board | 2021 | 60 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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