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Copart Expands in Montreal

October 11, 2019 By CollisionWeek Editor

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, […]

Filed Under: News Tagged With: Canada, Copart, Openings, Quebec

Jeff Liaw Named President of Copart

September 6, 2019 By CollisionWeek Editor

Copart, Inc. (NASDAQ:CPRT) announced that Jeff Liaw had been promoted to the position of President, effective September 3, 2019. Liaw will report directly to Chief Executive Officer Jay Adair. Prior to his elevation to President, Liaw, 42, served as Copart’s Senior Vice President and Chief Financial Officer, a position he has held since January 4, […]

Filed Under: News Tagged With: Copart, People

Copart Reports Fiscal Fourth Quarter Revenue Up 20.8%

September 5, 2019 By CollisionWeek Editor

Copart, Inc. (NASDAQ:CPRT) reported its financial results for it fiscal fourth quarter and year ended July 31. For the fourth quarter, Copart reported revenue of $542.6 million, gross profit of $242.6 million, and net income of $153.5 million. These represent an increase in revenue of $93.4 million, or 20.8%; an increase in gross profit of […]

Filed Under: News Tagged With: Copart, Earnings

Copart Expands Calgary, Alberta Location

August 29, 2019 By CollisionWeek Editor

Copart, Inc. (NASDAQ:CPRT) announced the expansion of its location in Calgary, Alberta in Western Canada. The location added 20 acres of operational capacity, making it a 38-acre facility. This expansion will accommodate the increased business demands from buyers and sellers in Alberta. “We are extremely pleased with our continued business growth in Alberta,” said Copart […]

Filed Under: News Tagged With: Alberta, Canada, Copart, Openings

Copart Expands Atlanta Location

August 19, 2019 By CollisionWeek Editor

Copart, Inc. (NASDAQ:CPRT) announced a 40 acre expansion to its Atlanta East location in Georgia. This is the second time Copart has expanded this location this year as it continues to execute on its capacity growth initiative. “We are thrilled that we can meet our customers’ growing needs by expanding the Atlanta East facility,” said […]

Filed Under: News Tagged With: Copart, Georgia, Openings

Copart Expands Memphis Location

August 7, 2019 By CollisionWeek Editor

Copart, Inc. (NASDAQ:CPRT) announced the expansion of its Memphis, Tenn. location. Copart added 35 acres to the existing 46-acre facility to meet the needs of its buyers and sellers. This 81-acre location hosts vehicle auctions every Thursday at 12 p.m. CT. “Adding operational space to our Memphis location has provided us with further capacity to […]

Filed Under: News Tagged With: Copart, Openings, Tennessee

Copart Opens New Location in Georgia

July 25, 2019 By CollisionWeek Editor

Copart, Inc. (NASDAQ:CPRT) announced the opening of its new location in Macon, Ga. The 35 acre facility is Copart’s ninth location in Georgia. “Opening in Macon allows us to offer increased convenience and additional options to our sellers and buyers in Georgia,” said Copart CEO Jay Adair. “This new location is a strategic step in […]

Filed Under: News Tagged With: Copart, Georgia, Openings

Copart Opens New Location in Buffalo

July 19, 2019 By CollisionWeek Editor

Copart, Inc. (NASDAQ:CPRT) announced the opening of its new location in Buffalo, New York, the second largest city in the state. The Buffalo facility is the sixth in the state and will complement Copart’s Rochester location in providing capacity for operations in the western part of New York. “Expanding our business to Buffalo is another […]

Filed Under: News Tagged With: Copart, New York State, Openings

Copart Acquires New Location in Hartford

July 11, 2019 By CollisionWeek Editor

Copart, Inc. (NASDAQ:CPRT) opened a new location in Hartford, Connecticut. This location was formerly Hartford-Springfield Auto Auction. This is Copart’s second location in the state. “Our new Hartford location will provide capacity to accommodate our continuing growth in volume and additional convenience for our buyers in the region,” said Copart CEO Jay Adair. Copart hosts […]

Filed Under: News Tagged With: Acquisitions, Connecticut, Copart

Copart Reports Fiscal Third Quarter Revenue Up 15.7%

May 23, 2019 By CollisionWeek Editor

Copart, Inc. (NASDAQ: CPRT) reported that for the three months ended April 30, revenue, gross profit, and net income were $553.1 million, $251.6 million, and $192.7 million, respectively. These represent an increase in revenue of $74.9 million, or 15.7 percent; an increase in gross profit of $32.5 million, or 14.8 percent; and an increase in […]

Filed Under: News Tagged With: Copart, Earnings

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