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Copart Inc - CPRT STOCK NEWS

Welcome to our dedicated page for Copart news (Ticker: CPRT), a resource for investors and traders seeking the latest updates and insights on Copart stock.

Copart Inc. (NASDAQ: CPRT) operates the world's leading online vehicle auction platform, connecting sellers and buyers across 11 countries. This news hub provides investors and industry professionals with timely updates on corporate developments, operational milestones, and market trends impacting the global vehicle remarketing sector.

Access verified press releases covering earnings reports, technology enhancements to the VB3 platform, strategic partnerships, and regulatory updates. Our curated news collection serves as a centralized resource for understanding Copart's role in the salvage vehicle ecosystem, from insurance company collaborations to international expansion efforts.

Key updates include auction volume trends, digital innovation initiatives, and sustainability practices within vehicle recycling. Bookmark this page for direct access to primary source materials and analysis-free reporting on Copart's business operations.

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Copart, Inc. (NASDAQ: CPRT) announced strong financial results for the quarter ended January 31, 2024, with revenue reaching $1.02 billion, gross profit at $464.2 million, and net income of $325.6 million. The company saw a 6.6% revenue increase, 8.8% gross profit increase, and 10.9% net income increase compared to the same period last year.
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Copart, Inc. (CPRT) to announce Q2 fiscal 2024 earnings on February 22, 2024. Conference call to discuss results to follow. Webcast available for investors.
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Copart, Inc. (CPRT) has appointed three new members to its senior executive leadership team, including a new Chief Marketing Officer, Chief Product Officer, and Chief Operating Officer. The company also announced that the former COO will now serve as the Chief Business Development Officer. These new executives bring extensive experience from companies like Capital One, Chewy, and DB Schenker, and are expected to drive growth and innovation at Copart's global headquarters in Dallas, Texas.
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Copart, Inc. (NASDAQ: CPRT) reported strong financial results for the quarter ended October 31, 2023, with revenue, gross profit, and net income showing significant increases from the same period last year. Revenue increased by $127.0 million (14.2%), gross profit by $94.5 million (25.6%), and net income by $86.7 million (35.3%). Fully diluted earnings per share for the three months were $0.34 compared to $0.25 last year, marking a 36.0% increase. A conference call to discuss the results will be held on November 16, 2023, at 5:30 p.m. Eastern Time.
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Copart, Inc. (CPRT) to Release Q1 Fiscal 2024 Earnings on November 16, 2023
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Copart announces strategic investment and partnership with Purple Wave
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Copart, Inc. reports strong financial results for Q3 and FY 2023, with revenue, gross profit, and net income showing significant increases compared to last year.
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Copart, Inc. (NASDAQ: CPRT) will release Q4 earnings on September 14, 2023. A conference call to discuss the results will be held at 5:30 p.m. ET. The call can be accessed at www.copart.com/investorrelations.
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Copart, Inc. (NASDAQ: CPRT) has approved a two-for-one split of its common stock. Each stockholder of record will receive one additional share for every one share owned. The stock dividend will be distributed on August 21, 2023, increasing the number of shares from 480.0 million to 960.0 million. No need to exchange existing stock certificates.
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Copart Inc

Nasdaq:CPRT

CPRT Rankings

CPRT Stock Data

57.42B
882.42M
8.66%
85.03%
1.12%
Specialty Business Services
Retail-auto Dealers & Gasoline Stations
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United States
DALLAS