Bentonville-based America's Car-Mart continues to break ground on more dealerships in underserved markets.
The buy here, pay here used car dealer announced the opening of its 137th dealership on Wednesday (Dec. 10) in Ada, Okla. Ada marks the 25th dealership in Oklahoma and the third new opening for fiscal year 2015.
“We intend to add new dealerships selectively in what we consider to be good, solid communities with a targeted number of eight dealership openings for fiscal 2015, subject to favorable operating performance,” said CEO Hank Henderson.
Car-Mart shares were trading down 1.89% on Wednesday afternoon (Dec. 10) at $51.37. The share price has ranged from a recent high $54.68 to low $34.56 over the past 52-weeks.
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