America's Car Mart Inc - CRMT STOCK NEWS

America’s Car-Mart, Inc. (NASDAQ: CRMT) will release its fiscal 2021 third quarter financial results on February 16, 2021, after market close. A conference call to discuss the results is scheduled for February 17, 2021, at 11:00 a.m. Eastern Time. The call can be accessed via phone or a webcast on the company’s website. Car-Mart operates automotive dealerships across twelve states, focusing on integrated auto sales and finance within the used car market. The company emphasizes customer service and strong relationships with clients.

America’s Car-Mart (NASDAQ: CRMT) announced an increase in its borrowing capacity under a loan agreement, rising from $241 million to $326 million. The expanded facility includes commitments from key lenders such as MUFG Union Bank ($50 million) and Wells Fargo ($50 million, up from $30 million). CFO Vickie Judy highlighted that the new funds will support the company’s growth and enhance customer service across its automotive dealerships, which operate in twelve states focusing on flexible financing for customers with challenging credit histories.

America’s Car-Mart, Inc. (NASDAQ: CRMT) has opened its 151^st dealership in Edmond, OK, marking its 28^th location in Oklahoma and the third for fiscal year 2021. The dealership will be managed by April Renfro. According to CEO Jeff Williams, the company aims to provide quality used vehicles alongside financing and exceptional service. The new dealership is part of Car-Mart's strategy to establish a presence in growing communities, enhancing customer experience with flexible financing options. Customers can shop both in-store and online.

America’s Car-Mart has unveiled a new visual identity and tagline, 'Keeping You on the Road', highlighting its commitment to serve customers in the used car market. This rebranding reflects a decade-long evolution, focusing on delivering quality vehicles and customer service. The new logo, incorporating a highway icon, symbolizes freedom and American spirit. The initiative, developed collaboratively with associates, will be implemented across all dealerships and digital platforms. Car-Mart operates in twelve states and has sold over 700,000 vehicles since 2000, emphasizing flexible financing options for customers with varied credit histories.

America’s Car-Mart, Inc. (NASDAQ: CRMT) will disclose its fiscal 2021 second quarter financial results on November 16, 2020, after market close. A conference call for management to discuss these results is scheduled for November 17, 2020, at 11:00 a.m. Eastern. The call can be accessed by dialing (877) 776-4031, and an international number is also provided. A replay will be available for thirty days post-call. Car-Mart operates automotive dealerships across twelve states, focusing on the used car market and offering integrated sales and financing options.

America’s Car-Mart (NASDAQ: CRMT) has opened its 150^th dealership in Chattanooga, TN, enhancing its presence in Tennessee with this being its seventh location in the state. Managed by Char Green, the dealership aims to provide not only quality used vehicles but also flexible financing options tailored to customers with various credit backgrounds. The company focuses on community engagement and exceptional customer service, believing that its unique approach enhances customer experiences and meets local needs.