Bentonville, Arkansas (April 17, 2019) – America’s Car-Mart, Inc. (NASDAQ: CRMT) was recently named to Forbes magazine’s 2019 list of America’s Best Midsize Employers for the second consecutive year. According to Forbes, Car-Mart is one of only four Arkansas-based companies to make the list.
“It’s an incredible honor to once again be named to this list, especially since our own associates were part of the selection process. It is the dedication to customer service and the hard work of our associates that makes America’s Car-Mart great. We strongly believe that local communities are better when we are there. We are very proud of our company and excited about our future,” said Jeff Williams, President and Chief Executive Officer.
For more than 37 years, Car-Mart has strived to foster longstanding customer relationships by allowing dealerships to operate on a decentralized basis, facilitating a more personal connection to the communities we operate in. The Company’s operating model not only promotes customer relations, but also allows associates to experience a high level of autonomy as they help our customers succeed. This practice, coupled with Car-Mart’s extensive training programs, has put the Company in a position where tenures in excess of 10 years are not only common, but considered to be the norm.
The employers comprising the list were chosen by Forbes based on an independent survey conducted by Statista. The survey included more than 50,000 Americans working for U.S. companies with at least 1,000 employees. The ranking was then divided into two lists: one for the top large companies with more than 5,000 employees, and another for the top midsize companies with less than 5,000 employees. Respondents were asked how likely they would be to recommend their employer to others, as well as if they would nominate other organizations in industries outside of their own. Other factors included workforce diversity, compensation and opportunities for advancement.
About America’s Car-Mart
America’s Car-Mart operates automotive dealerships in eleven 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 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.
