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 […]
Copart Reports Fiscal Third Quarter Revenue Up 15.7%
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 […]
Copart Opens New Location in Virginia
Copart, Inc. (NASDAQ:CPRT) announced it opened a new location at 4717 Massaponax Church Road, in Fredericksburg, Va.. This facility will serve its customers from Washington, D.C. and both Richmond and Charlottesville, Virginia. “I am proud of our team’s hard work in making this location a reality for our customers,” said Jay Adair, CEO of Copart. […]
Copart Opens CrashedToys Facility in Sacramento
CrashedToys, a Copart brand, announced that its new facility at 8687 Weyand Ave Suite B, Sacramento, Calif. is now open for business. Every month, CrashedToys locations host auctions of hundreds of motorcycles, ATVs, and watercraft. “The opening of our new facility represents the success of the CrashedToys brand and the value that this unique powersports […]
Copart Expands its Chicago South Location
Copart, Inc. (NASDAQ:CPRT) announced it added 44 acres to its Chicago South facility located at 89 E. Sauk Trail, in Chicago Heights, Ill. With this expansion, the facility is now 80-acres allowing Copart to accommodate the growth it is experiencing in this market. “This expansion is a great win for our business and helps grow […]
Copart Expands its Austin, Texas Location
Copart, Inc. (NASDAQ: CPRT) added 18 acres to its Austin location at 8725 N Interstate 35 in New Braunfels, Texas, to address the growth in the company’s business in the area. This property is historically significant for Copart. It was purchased in 1999 and in the company’s early years served most of South Texas, including […]
Copart Acquires Vincent Auto Solutions
Copart, Inc. (NASDAQ: CPRT) announced the acquisition of Vincent Auto Solutions (VAS) located in Greenville, Ky. VAS has been remarketer of total-loss and fleet vehicles in the western Kentucky region for over a decade. “I’m extremely pleased with this acquisition. Not only do we expand our operational footprint in western Kentucky, but we also add […]
Copart Expands in Newburgh, New York
Copart, Inc. (NASDAQ:CPRT) expanded its Newburgh, New York location at 25 Riverview Drive in Marlboro, adding 25 acres of storage space to Copart’s existing 68 acres to meet customer capacity needs. “We are committed to increasing our storage capacity throughout the country to meet the growing demand of our services,” said Copart CEO, Jay Adair. […]
Copart Reports Fiscal Second Quarter Revenue Up 5.6% Revenue Increase
Copart, Inc. (NASDAQ:CPRT) reported financial results for the quarter ended January 31. For the three months ended January 31, 2019, revenue, gross profit, and net income were $484.9 million, $208.2 million, and $131.4 million, respectively. These represent an increase in revenue of $25.8 million, or 5.6 percent; an increase in gross profit of $16.6 million, […]
Copart Opens New Location in North Carolina
Copart, Inc. (NASDAQ:CPRT) announced the opening of a new 20-acre location at 2668 Highway 601 South Mocksville, N.C. “We are excited to add our new Mocksville location to meet the increasing demands for our business in North Carolina,” said Jay Adair, CEO of Copart. “I am glad we will be able to serve our buyers […]
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