The National Weather Service in Little Rock advises:

As colder air moves in this morning, rain will continue transitioning to light snow across west/northwest Arkansas, with less than an inch of accumulation at most locations.
Beginning mid-morning, sustained wind speeds between 25 and 30 mph will be common across the state, with gusts over 45 mph.
Precipitation will exit the state by Friday evening, with winds settling down by late Friday night.
By late Saturday, Arctic air will begin to surge into the region from the northwest. This will result in below to much below average temperatures through early next week. Once cold air is in place, it appears that wintry precipitation will become more likely Sunday night into Monday. There is potential for warning criteria snow (several inches or more). Stay tuned for specifics.