Car-Mart president and CEO William H. "Hank" Henderson
Bentonville-based automotive retailer America’s Car-Mart released its earnings report for the second quarter Thursday, showing $0.83 earnings per share for the quarter.
The company had revenue of $133.8 million for the quarter, up 10.2 percent compared to the same quarter last year.
"We are pleased with the results for the quarter especially the improvements with our sales productivity,” president and CEO Hank Henderson said in a news release. “By focusing on affordability and offering a good mix of vehicles at all price points, we were able to increase the average retail units sold per store per month to 29.6 from 27.6 for the prior year quarter. Offering a solid assortment including lower priced vehicles allows our transactions to be more affordable for our customers, which... [ MORE ]