America’s Car-Mart opens store No. 128

America's Car-Mart Inc. announced the opening of its 128th dealership on Friday (Sept. 6).

The dealership is located in Meridian, Miss., and it’s the company’s fifth car lot  in Mississippi and the fourth new store opening for fiscal year 2014. 

Car-Mart is on track to expand its dealership base by 10% this year as it gains some density throughout the southeastern U.S.

Shares of Car-Mart were trading at $41.48 on Friday morning (Sept. 5). The stock was up 35% from the previous days close. In the past 52 weeks the share price has ranged from $35.89 to $50.59.