Copart, Inc. (NASDAQ:CPRT) announced the appointment of three new members to its senior executive leadership team including Chief Operating Officer Steve Powers, Chief Marketing and Product Officer Scott Booker, and Chief Financial Officer John North. All three executives will work from Copart’s global headquarters in Dallas, Texas and will report to Copart President Jeff Liaw. […]
Copart Reports Fourth Quarter Revenue of $525 Million
Copart, Inc. (NASDAQ: CPRT) reported financial results for the quarter and year ended July 31 that its revenue, gross profit, and net income were $525.7 million, $250.4 million, and $165.5 million, respectively. These represent a decrease in revenue of $16.9 million, or 3.1%; an increase in gross profit of $7.8 million, or 3.2%; and an […]
Copart Opens New Location in Jacksonville, Florida
Copart Inc. (NASDAQ: CPRT), announced it opened its new 56-acre Jacksonville North location in Florida. This is Copart’s 14th location in the state. “We are excited about our new location in Jacksonville, which serves our growing business with additional space to store vehicles for our customers,” said Copart President Jeff Liaw. The Copart Jacksonville location’s […]
Copart Reports Fiscal Third Quarter Revenue Down 0.5%
Copart, Inc. (NASDAQ:CPRT) reported for the three months ended April 30, revenue of $550.4 million, down $2.8 million, or 0.5%, from the same period last year. Gross profit was $242.6 million, a decrease of $9.0 million, or 3.6% below last year and net income was $147.5 million, down $45.3 million, or 23.5%. For the nine […]
Copart Opens New Location in North Carolina
Copart, Inc. (NASDAQ:CPRT) announced the opening of a new location in Concord, North Carolina. This will be the sixth location in the state—a response to the increasing demands of automotive buyers and sellers. “This new location will contribute to the Concord community by creating new jobs, while also enabling us to better serve our sellers […]
Farmers Insurance Partners with National Auto Body Council on Veteran Vehicle Donations
Farmers Insurance recently donated three newly refurbished vehicles to veterans during a special ceremony at Copart’s Willis Johnson Ranch in Celina on Thursday, February 6. Farmers worked with Service King, Crest Auto Group and Gerber Collision & Glass to restore the vehicles for the recipients as part of the National Auto Body Council (NABC) Recycled […]
Copart Germany Opens New Munich East Location
Copart Deutschland GmbH, a subsidiary of the global online vehicle auction company Copart, Inc. (NASDAQ:CPRT), opened its new Munich East location at Hitzinger Wiesen 5 in Pilsting. “With our new Munich East location, we are pleased to make it more convenient for our buyers to purchase vehicles from Copart,” said Kai Siersleben, Managing Director of […]
Copart Reports Revenue Up Over 20% in Fiscal First Quarter
Copart, Inc. (NASDAQ:CPRT) reported financial results for its fiscal first quarter ended October 31. For the quarter, revenue was $554.4 million, up 93.1 million or 20.2% over the same period last year. Gross profit was $254.9 million and net income was $218.2 million. These represent an increase in gross profit of $59.0 million, or 30.1%; […]
Progressive’s Keys to Progress Event Provides Vehicles to More than 100 Military Families
Partnership with National Auto Body Council’s member collision repair shops and Recycled Rides program to honor veterans at more than 60 events across the U.S. on November 7 Just before Veterans Day, more than 100 veterans and their families will get keys to newly refurbished vehicles as part of Progressive’s seventh annual Keys to Progress […]
Copart Expands in Montreal
Copart, Inc. (NASDAQ:CPRT) announced a 24-acre expansion to its Montreal location in Quebec, Canada. “We are excited to grow our capacity in Canada by expanding our Montreal location,” said Managing Director of Copart Canada Steve Macaluso. “This will enable us to grow our vehicle inventory and offer our members even more choices.” “With this expansion, […]