America's Car-Mart at #40 on Forbes' Best Small Companies 2012 List
October 23 2012 - 4:54PM
America's Car-Mart, Inc. (Nasdaq:CRMT) today announced that it has
been named to the Forbes' Best Small Companies 2012 List.
"We are very proud to be named one of America's best small
companies for 2012 by Forbes. The hard work and dedication of our
associates and their focus on helping our customers succeed has
made our company very special and we are honored to receive this
recognition," said William H. ("Hank") Henderson, President and
Chief Executive Officer of America's Car-Mart. "Our mission is that
we strive to earn the repeat business of our customers by providing
quality vehicles, affordable payment terms, and excellent service.
We have been helping our customers succeed for 31 years and our
future is bright. We are dedicated to growing the business and with
each new dealership we have an opportunity to provide our excellent
service to more customers and to earn their repeat business in the
future. Also, future growth will most certainly provide significant
opportunities for our dedicated associates to advance within the
Company as we help our customers."
About America's Car-Mart
America's Car-Mart operates 117 automotive dealerships in nine
states and is the largest publicly-held automotive retailer 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.
This press release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995. These forward-looking statements address the Company's
future objectives, plans and goals, as well as the Company's
intent, beliefs and current expectations regarding future operating
performance, and can generally be identified by words such as
"may," "will," "should," "could," "believe," "expect,"
"anticipate," "intend," "plan," "foresee," and other similar words
or phrases. Specific events addressed by these forward-looking
statements include, but are not limited to:
- new dealership openings;
- performance of new dealerships;
- same store revenue growth;
- annual growth of the number of dealerships; and
- the Company's business and growth strategies.
These forward-looking statements are based on the Company's
current estimates and assumptions and involve various risks and
uncertainties. As a result, you are cautioned that these
forward-looking statements are not guarantees of future
performance, and that actual results could differ materially from
those projected in these forward-looking statements. Factors
that may cause actual results to differ materially from the
Company's projections include, but are not limited to:
- the availability of credit facilities to support the Company's
business;
- the Company's ability to underwrite and collect its loans
effectively;
- competition;
- availability of quality vehicles at prices that will be
affordable to customers; and
- general economic conditions in the markets in which the Company
operates, including but not limited to fluctuations in gas prices,
grocery prices and employment levels.
The Company undertakes no obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. You are cautioned not to place
undue reliance on these forward-looking statements, which speak
only as of the dates on which they are made.
CONTACT: William H. ("Hank") Henderson, CEO
at (479) 464-9944
or Jeff Williams, CFO
at (479) 418-8021
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