Copart, Inc. (NASDAQ:CPRT) announced the addition of its Okeechobee, Florida location. This facility is strategically located between Orlando, Tampa and Miami, and it will serve as a standby location specifically for catastrophic events. Over the past year, Copart responded to catastrophic flooding in Baton Rouge and Houston, hailstorms in Colorado Springs and Dallas, and Hurricane […]
Copart Opens Its Fifth Illinois Location
Copart, Inc. (NASDAQ:CPRT) announced the opening of its fifth location in Illinois. “The opening of this location in southern Illinois addresses our increasing volume, which has been driven by both organic growth in the industry and market wins,” said Jay Adair, CEO of Copart. “Furthermore, it gives us the capacity for continued expansion in the […]
Copart Opens 15th Location in the United Kingdom
Copart, Inc. (NASDAQ:CPRT), the vehicle auction company, announced the opening of its 15th location in the United Kingdom in Newbury. “The investment in the Newbury facility has added capacity to support our current and future growth in the UK,” said Nigel Paget, Chief Executive Officer – Europe. “It is the first of our facilities to be […]
Copart Reports 16.6% Revenue Increase in Fiscal 2017 Second Quarter
Copart, Inc. (NASDAQ:CPRT) reported financial results for the quarter ended January 31, 2017. For the three months ended January 31, 2017, revenue, gross margin, and net income were $349.5 million, $146.8 million, and $66.1 million, respectively. These represent an increase in revenue of $49.8 million, or 16.6 percent; an increase in gross margin of $22.2 […]
Copart Opens its 13th Location in Florida
Copart, Inc. (NASDAQ:CPRT) announced the addition of its Orlando North location in Apopka, Florida. The location is Copart’s 13th location in the Sunshine State. “We have been steadily growing our footprint for months now, and I’m pleased to continue that trend into 2017 with this being the third new location we have announced in the […]
Copart Opens First Location in Wyoming, Fourth Location in Colorado, and Expands in Springfield, Missouri
Copart, Inc. (NASDAQ:CPRT) announced the addition of locations in Casper, Wyo. and Littleton, Colo., along with the expansion of its location in Springfield, Mo. This is Copart’s first location in the State of Wyoming and its fourth in the State of Colorado, of which three have been opened in 2016. “We have been expanding and […]
Copart Opens Location in Sun Valley, California
Copart, Inc. (NASDAQ:CPRT), the vehicle auction company, is proud to announce the opening and first online auction at its 14th location in California. This is Copart’s sixth location in the southern California market. “Identifying and purchasing land in such a densely populated area such as Los Angeles is a real testament to our team,” said […]
Copart Reports Revenue Up 17.8% in Fiscal Fourth Quarter
Copart, Inc. (NASDAQ:CPRT) reported financial results for its fiscal fourth quarter and year ended July 31, 2016. For the three months ended July 31, 2016, revenue, gross margin, operating income, and net income were $332.7 million, $141.5 million, $106.2 million, and $84.1 million, respectively. These represent an increase in revenue of $50.4 million, or 17.8 […]
Copart Announces Opening of First Location in Germany
Copart, Inc. (NASDAQ:CPRT) announced the opening of its first German vehicle storage and auction location in Bad Fallingbostel, near Hanover. “This is an incredible milestone for Copart. We are now offering the full Copart model to the German market, the tenth country in which our model has been implemented,” said Vinnie Mitz, President of Copart. […]
Copart Opens Second Location in Denver, Colorado
Copart, Inc. (NASDAQ:CPRT) announced the opening of its third location in Colorado. This is Copart’s second location in the Denver metropolitan area. “In May, we announced the opening of and first auction at our new Colorado Springs location, then we expanded our original Denver area location, and now we are pleased to announce the opening […]
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