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Copart Reports Revenue Up Nearly 13% in Fiscal Fourth Quarter

September 15, 2023 By CollisionWeek Editor Leave a Comment

Copart, Inc. (NASDAQ: CPRT) today reported revenue for its fiscal fourth quarter ended July 31, $997.6 million an increase in revenue of $114.2 million, or 12.9% from the same period a year ago. Gross profit for the quarter was $457.6 million, up $76.0 million, or 19.9% from the previous year. Net income was $347.8 million […]

Filed Under: News Tagged With: Copart, Earnings

Copart Reports Fiscal Third Quarter Revenue Up Nearly 9%

May 19, 2023 By CollisionWeek Editor

Copart, Inc. (NASDAQ:CPRT) reported for the three months ended April 30,  revenue was $1,021.8 million, an increase in revenue of $81.9 million, or 8.7% from the same period a year ago. Gross profit was $483.4 million, an increase of $47.2 million, or 10.8%, and net income was $350.4 million an increase of $71.8 million, or […]

Filed Under: News Tagged With: Copart, Earnings

Copart Announces Hiring of New Chief Financial Officer and Chief Legal Officer

December 6, 2022 By CollisionWeek Editor

Copart, inc. (NASDAQ:CPRT) announced the addition of two new members to its leadership team today: Chief Financial Officer Leah Stearns and Chief Legal Officer Paul Kirkpatrick. Stearns will lead Copart’s finance and accounting functions to help enable the company’s continuing profitable growth. She is a seasoned Fortune 500 executive, serving most recently as chief financial […]

Filed Under: News Tagged With: Copart, People

Copart Reports First Quarter Revenue Up Over 10%

November 17, 2022 By CollisionWeek Editor

Copart, Inc. (NASDAQ:CPRT) reported revenue of $893.4 million for its fiscal first quarter ended October 31, an increase in revenue of $83.2 million, or 10.3%, from the same period last year. Gross profit $369.5 million, down $15.5 million, or 4.0%, and net income was $245.8 million, a decrease of $14.5 million, or 5.6%, from the […]

Filed Under: News Tagged With: Copart, Earnings

Copart Releases Inaugural Environmental, Social and Governance Report

November 14, 2022 By CollisionWeek Editor

Copart, Inc. (NASDAQ:CPRT) released its inaugural report on its ongoing environmental, social, and governance (ESG) efforts. “From our inception, Copart has always been committed to principles of environmental stewardship, employee diversity and good governance,” said co-CEO Jeff Liaw. “We’re pleased to release our first report with substantial information about our efforts.” Copart’s Fiscal Year 2022 […]

Filed Under: News Tagged With: Copart, ESG

One Month Left to Enter Copart Rebuild Challenge

August 4, 2022 By CollisionWeek Editor

Potential participants in the 2022 Copart Rebuild Challenge only have until September 1 to submit before and after images of their project cars for a chance to win up to $7,500, Copart announced. “The Rebuild Challenge has become quite a tradition for Copart and our Members over the years,” said Scott Booker, Chief Marketing & […]

Filed Under: News Tagged With: Copart

Copart Reports Revenue of $939.9 Million in Fiscal Third Quarter

May 19, 2022 By CollisionWeek Editor

Copart, Inc. (NASDAQ: CPRT) reported revenue for the quarter ended April 30 was $939.9 million, an increase of $206.0 million, or 28.1%, from the same period last year. Gross profit was $436.3 million, an increase of $54.9 million, or 14.4%. Net income was $278.6 million, a decrease of $8.2 million, or 2.9% from last year. […]

Filed Under: News Tagged With: Copart, Earnings

Copart Promotes Jeff Liaw to Co-Chief Executive Officer

March 31, 2022 By CollisionWeek Editor

Copart, Inc. (NASDAQ:CPRT) announced that its Board of Directors has appointed Jeff Liaw, who has been serving as President and CEO North America, to co-CEO, effective April 1. Jay Adair will continue his leadership of the company as co-CEO and as a member of the Board of Directors. Liaw joined Copart in 2016 as Chief […]

Filed Under: News Tagged With: Copart, People

Copart to Pay $800,000 Settlement over Hazardous Waste Disposal in California

March 18, 2022 By CollisionWeek Editor

The Alameda County District Attorney’s Office in California announced an $800,000 settlement with Copart Inc. for the company’s illegal disposal of hazardous waste. Copart acts as an intermediary between the sellers and buyers of used and salvage vehicles, preparing the vehicles for sale. A statewide investigation found that Copart employees cleaning out the vehicles were […]

Filed Under: News Tagged With: Copart, Hazardous Waste, Lawsuits

Copart Reports Revenue of $810 Million in Fiscal 2022 First Quarter

November 18, 2021 By CollisionWeek Editor

Copart, Inc. (NASDAQ: CPRT) reported revenue of $810.1 million for its fiscal 2022 first quarter financial ended October 31, 2021, an increase of $217.2 million, or 36.6%, from the previous year. Gross profit was $385.0 million, up $88.3 million, or 29.7% during the quarter and net income was $260.4 million, an increase of $60.1 million, […]

Filed Under: News Tagged With: Copart, Earnings

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