News & Videos - COPART INC.

Copart Appoints Jeff Liaw as CEO and Director and Jay Adair as Executive Chairman PR Newswire DALLAS, March 11, 2024 DALLAS , March 11, 2024 /PRNewswire/ -- Copart, Inc. (NASDAQ: CPRT) today announced that its Board of Directors has appointed Jeff Liaw as the company's sole Chief Executive Officer (CEO) and as a member of the Board of Directors. Mr. Liaw has been serving as Co-CEO since March 2022 . In addition, Jay Adair , who served as the Company's CEO from February 2010 to February 2022 and...

Copart, Inc. Announces Senior Leadership Appointments PR Newswire DALLAS, Jan. 15, 2024 DALLAS , Jan. 15, 2024 /PRNewswire/ -- Copart, Inc. (NASDAQ:CPRT) is pleased to announce the appointment of three new members to its senior executive leadership team: Chief Marketing Officer (CMO) David (Dave) Kang , Chief Product Officer (CPO) Neel Madhvani, and Chief Operating Officer (COO) Hessel Verhage . Stephen (Steve) Powers , who has served as COO since October 2020 , has assumed the role of Chief...

Copart Announces Investment in Heavy Equipment Auction Company Purple Wave PR Newswire DALLAS, Oct. 10, 2023 DALLAS , Oct. 10, 2023 /PRNewswire/ -- Copart, Inc. ( NASDAQ : CPRT) a global leader in online auto auctions, today announced a new strategic investment and partnership with Purple Wave, Inc., an online offsite heavy equipment auction company. Founded in 2000, Purple Wave is a pioneer in the online equipment auction industry, facilitating the sale of construction, agriculture and fleet...

Partnership Brings Innovation to the Auto Total Loss Process with Increased Efficiencies for Insurance Carriers and Improved Experiences for Policyholders DALLAS, TX and BOSTON, MA / ACCESSWIRE / September 12, 2023 / Copart, Inc. (NASDAQ: CPRT) a global leader in online vehicle auctions, and Hi Marley, the intelligent conversational platform built for P&C insurance and powered by SMS, today announced a strategic partnership to co-develop products to streamline the automotive total loss process....

Copart, Inc. (NASDAQ: CPRT) announced today that its Board of Directors has approved a two-for-one split of its common stock. The stock split will be effected as a stock dividend entitling each stockholder of record to receive one additional share of common stock for every one share owned. Additional shares issued as a result of the stock dividend will be distributed after close of trading on August 21, 2023, to stockholders of record on August 14, 2023. The stock split will increase the number...

Copart, Inc. (NASDAQ: CPRT) announced today that Leah Stearns, the company’s Chief Financial Officer, will participate in a fireside chat at Baird’s Global Consumer, Technology & Services Conference on Wednesday, June 7, 2023. The presentation is scheduled for 1:25 pm Eastern Time. A live audio webcast of the presentation will be accessible via the Investor Relations section of the company’s website at www.copart.com/investorrelations . An audio replay of the webcast will be posted within...

Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended April 30, 2023. For the three months ended April 30, 2023, revenue, gross profit, and net income were $1,021.8 million, $483.4 million, and $350.4 million, respectively. These represent an increase in revenue of $81.9 million, or 8.7%; an increase in gross profit of $47.2 million, or 10.8%; and an increase in net income of $71.8 million, or 25.8%, respectively, from the same period last year. Fully diluted...

Copart, Inc. (NASDAQ: CPRT) announced today that it will release earnings for the third quarter of fiscal 2023 after 4:00 p.m. Eastern Time (3:00 p.m. Central) on Tuesday, May 16, 2023. On Wednesday, May 17, 2023, at 5:00 p.m. Eastern Time (4:00 p.m. Central), Copart will conduct a conference call to discuss the results for the quarter. The call will be webcast live and can be accessed via hyperlink at www.copart.com/investorrelations . A replay of the call will be available through August 2023...

Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended January 31, 2023. For the three months ended January 31, 2023, revenue, gross profit, and net income were $956.7 million, $426.5 million, and $293.7 million, respectively. These represent an increase in revenue of $89.3 million, or 10.3%; an increase in gross profit of $23.2 million, or 5.7%; and an increase in net income of $6.3 million, or 2.2%, respectively, from the same period last year. Fully diluted...

Copart, Inc. (NASDAQ: CPRT) announced today that it will release earnings for the second quarter of fiscal 2023 after 4:00 p.m. Eastern Time (3:00 p.m. Central) on Monday, February 20, 2023. On Tuesday, February 21, 2023, at 11:00 a.m. Eastern Time (10:00 a.m. Central), Copart will conduct a conference call to discuss the results for the quarter. The call will be webcast live and can be accessed via hyperlink at www.copart.com/investorrelations . A replay of the call will be available through...

Copart Announces Hiring of New Chief Financial Officer and Chief Legal Officer PR Newswire DALLAS, Dec. 3, 2022 DALLAS , Dec. 3, 2022 /PRNewswire/ -- 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 . Leah Stearns , Chief Financial Officer Leah will lead Copart's finance and accounting functions to help enable the company's continuing profitable growth. She is a...

Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended October 31, 2022. For the three months ended October 31, 2022, revenue, gross profit, and net income were $893.4 million, $369.5 million, and $245.8 million, respectively. These represent an increase in revenue of $83.2 million, or 10.3%; a decrease in gross profit of $15.5 million, or 4.0%; and a decrease in net income of $14.5 million, or 5.6%, respectively, from the same period last year. Fully diluted earnings...

Copart Releases 2023 Report on Environmental, Social and Governance Efforts PR Newswire DALLAS, Nov. 11, 2022 DALLAS , Nov. 11, 2022 /PRNewswire/ -- 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...

Copart, Inc. (NASDAQ: CPRT) announced today that it will release earnings for the first quarter of fiscal 2023 after the close of market on Wednesday, November 16, 2022. On Thursday, November 17, 2022, at 11:00 a.m. Eastern Time (10:00 a.m. Central), Copart will conduct a conference call to discuss the results for the quarter. The call will be webcast live and can be accessed via hyperlink at www.copart.com/investorrelations . A replay of the call will be available through February 2023 by...

Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter and year ended July 31, 2022. For the three months ended July 31, 2022, revenue, gross profit, and net income were $883.4 million, $381.6 million, and $263.7 million, respectively. These represent an increase in revenue of $134.8 million, or 18.0%; an increase in gross profit of $24.1 million, or 6.7%; and an increase in net income of $7.8 million, or 3.0%, respectively, from the same period last year. Fully diluted...

Copart, Inc. (NASDAQ: CPRT) announced today that it will release earnings for the fourth quarter of fiscal 2022 after the close of market on Wednesday, September 7, 2022. On Thursday, September 8, 2022, at 11:00 a.m. Eastern Time (10:00 a.m. Central), Copart will conduct a conference call to discuss the results for the quarter. The call will be webcast live and can be accessed via hyperlink at www.copart.com/investorrelations . A replay of the call will be available through November 2022 by...

Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended April 30, 2022. For the three months ended April 30, 2022, revenue, gross profit, and net income were $939.9 million, $436.3 million, and $278.6 million, respectively. These represent an increase in revenue of $206.0 million, or 28.1%; an increase in gross profit of $54.9 million, or 14.4%; and a decrease in net income of $(8.2) million, or (2.9)%, respectively, from the same period last year. Fully diluted...

Copart, Inc. (NASDAQ: CPRT) announced today that it will release earnings for the third quarter of fiscal 2022 after the close of market on Wednesday, May 18, 2022. On Thursday, May 19, 2022, at 11:00 a.m. Eastern Time (10:00 a.m. Central), Copart will conduct a conference call to discuss the results for the quarter. The call will be webcast live and can be accessed via hyperlink at www.copart.com/investorrelations . A replay of the call will be available through August 2022 by visiting...

Copart Promotes Jeff Liaw to Co-Chief Executive Officer PR Newswire DALLAS, March 30, 2022 DALLAS , March 30, 2022 /PRNewswire/ -- Copart, Inc. (NASDAQ: CPRT) today 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. Jeff joined Copart in 2016 as Chief Financial Officer and was promoted to...

Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended January 31, 2022. For the three months ended January 31, 2022, revenue, gross profit, and net income were $867.5 million, $403.3 million, and $287.4 million, respectively. These represent an increase in revenue of $250.4 million, or 40.6%; an increase in gross profit of $95.8 million, or 31.2%; and an increase in net income of $94.0 million, or 48.6%, respectively, from the same period last year. Fully diluted...