Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     

AMERICA'S CAR-MART, INC.

(CRMT)
  Report
Delayed Nasdaq  -  04:00 2022-12-02 pm EST
74.59 USD   +1.73%
11/17Sector Update: Consumer Discretionary Stocks Tumble Thursday
MT
11/17Tranche Update on America's Car-Mart, Inc.'s Equity Buyback Plan announced on December 6, 2005.
CI
11/17Janney Reduces America's Car-Mart's Fair Value Estimate to $73 From $105, Maintains Neutral Rating
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Auto Industry Veteran Douglas Campbell joins America's Car-Mart Leadership as Newly Named President

09/26/2022 | 04:06pm EST

ROGERS, Ark., Sept. 26, 2022 (GLOBE NEWSWIRE) -- America’s Car-Mart, Inc. (NASDAQ: CRMT) (the “Company”) today announced that Douglas Campbell will serve as the Company’s President effective October 3, 2022.

“Doug’s 25 years of marked successes in the automotive industry will bring new perspective to our ever-evolving work to better serve customers and communities,” said Jeff Williams, Chief Executive Officer. “In this current environment, outside perspective is invaluable to overcoming key challenges as we evolve our business as an integrated sales and finance company. We are delighted to add a leader of Doug’s caliber to our dedicated executive team, and we look forward to the impact that he will have on our efforts around product, capitalizing on significant market growth opportunities in the coming years.”

Mr. Campbell brings extensive industry and automotive experience, enhancing the Car-Mart team with his leadership skillset. He spent 15 years at Coral Springs Auto Mall, where he progressed quickly from Finance Manager to increasing leadership responsibilities, eventually serving as Executive General Manager over several new car franchises and their pre-owned superstore in 2014.

He then joined AutoNation as the Used Vehicle Director for the Eastern Region with responsibility for three markets and multiple dealerships in Florida, piloting innovative national programs for vehicle disposal and acquisition. He moved to a new territory as General Manager of AutoNation Honda Dulles where his team was recognized as being among the top AutoNation Honda dealerships nationally for sales and service experience.

Most recently, Mr. Campbell has been with Avis Budget Group serving first as Vice President of Remarketing for the Americas, where he was responsible for the company’s wholesale and factory program disposals. He was charged with the strategic growth of their direct-to-consumer initiative where he opened multiple retail locations and developed an online direct sales platform.   He and his team helped build a new business-to-business website for vehicle disposals. In 2021, he was promoted to Head of Fleet Services for the Americas, with responsibility for both the company’s acquisition of new and used vehicles and its vehicle disposal strategy. Earlier this year, he was promoted to Senior Vice President - Head of Fleet Services.

“I am honored to join the talented America’s Car-Mart leadership team as together we build on their more than four decades of achievements,” said Mr. Campbell. “Given all the change within automotive – from digitization to electrification – Car-Mart is uniquely positioned within the industry for growth within the communities they serve for years to come, regardless of the economic environment. Over the last 25 years, I have brought my passion for people and automotive to well-known brands, and I am thrilled for the opportunity to bring what I have learned to the Car-Mart team and their customers as we build for an exciting future.”

About America's Car-Mart

America’s Car-Mart operates automotive dealerships in twelve states and is one of the largest publicly held automotive retailers in the United States, focused exclusively on the “Integrated Auto Sales and Finance” segment of the used car market. The Company specializes in the sale of quality, pre-owned vehicles and features flexible used car financing options for customers with bad credit, no credit, repossessions or even past bankruptcy and 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.

____________
Contacts:  Jeff Williams, CEO at (479) 464-9944 or Vickie Judy, CFO at (479) 464-9944


Primary Logo

Source: America's Car-Mart, Inc.

2022 GlobeNewswire, Inc., source Press Releases

All news about AMERICA'S CAR-MART, INC.
11/17Sector Update: Consumer Discretionary Stocks Tumble Thursday
MT
11/17Tranche Update on America's Car-Mart, Inc.'s Equity Buyback Plan announced on December ..
CI
11/17Janney Reduces America's Car-Mart's Fair Value Estimate to $73 From $105, Maintains Neu..
MT
11/17Jefferies Cuts America's Car-Mart's Price Target to $66 From $68, Maintains Hold Rating
MT
11/17Sector Update: Consumer Stocks Still Underwater as Broader Markets Flirt w..
MT
11/17Transcript : America's Car-Mart, Inc., Q2 2023 Earnings Call, Nov 17, 2022
CI
11/17Fed Concerns Burden Markets as Investors Scrutinize Earnings Reports, Jobs, Housing Dat..
MT
11/17Investors Eye Retailer Earnings as Fed Concerns Weigh Down U.S. Futures
MT
11/17Top Premarket Decliners
MT
11/17America's Car-mart : Fiscal Q2 Earnings Snapshot
AQ
More news
Analyst Recommendations on AMERICA'S CAR-MART, INC.
More recommendations
Financials (USD)
Sales 2023 1 403 M - -
Net income 2023 28,4 M - -
Net Debt 2023 - - -
P/E ratio 2023 17,0x
Yield 2023 0,01%
Capitalization 467 M 467 M -
Capi. / Sales 2023 0,33x
Capi. / Sales 2024 0,32x
Nbr of Employees 2 100
Free-Float 42,1%
Chart AMERICA'S CAR-MART, INC.
Duration : Period :
America's Car-Mart, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AMERICA'S CAR-MART, INC.
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 4
Last Close Price 73,32 $
Average target price 89,50 $
Spread / Average Target 22,1%
EPS Revisions
Managers and Directors
Jeffrey A. Williams Chief Executive Officer & Director
Douglas Campbell President
Vickie D. Judy Director-Financial Reporting & Controller
Joshua Gatcomb Welch Chairman
Leonard L. Walthall Store Manager
Sector and Competitors
1st jan.Capi. (M$)
AMERICA'S CAR-MART, INC.-28.40%463
COPART, INC.-10.74%31 703
CARMAX, INC.-46.94%10 960
IAA, INC.-25.84%4 999
KAR AUCTION SERVICES, INC.-10.56%1 496
CARVANA CO.-96.49%817