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Copart, Inc. - CPRT STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Copart's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Copart's position in the market.

News
Copart Appoints Jeff Liaw as CEO and Director and Jay Adair as Executive Chairman
Rhea-AI Summary
Copart, Inc. appoints Jeff Liaw as the sole CEO, with Jay Adair stepping down as Co-CEO and taking on the role of Executive Chairman. The changes are effective April 1, 2024. Mr. Liaw has been with Copart since 2016, serving in various leadership roles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.21%
Tags
management
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News
Copart Reports Second Quarter Fiscal 2024 Financial Results
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.99%
Tags
earnings
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News
Copart, Inc. to Release Second Quarter Fiscal 2024 Results
Rhea-AI Summary
Copart, Inc. (CPRT) to announce Q2 fiscal 2024 earnings on February 22, 2024. Conference call to discuss results to follow. Webcast available for investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.02%
Tags
earnings
News
Copart, Inc. Announces Senior Leadership Appointments
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
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News
Copart Reports First Quarter Fiscal 2024 Financial Results
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.85%
Tags
earnings
-
News
Copart, Inc. to Release First Quarter Fiscal 2024 Results
Rhea-AI Summary
Copart, Inc. (CPRT) to Release Q1 Fiscal 2024 Earnings on November 16, 2023
Rhea-AI Impact
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End-of-Day
-- %
Tags
earnings
News
Copart Announces Investment in Heavy Equipment Auction Company Purple Wave
Rhea-AI Summary
Copart announces strategic investment and partnership with Purple Wave
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
Tags
none
-
News
Copart Reports Fourth Quarter Fiscal 2023 Financial Results
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.16%
Tags
earnings
-
News
Copart, Inc. to Release Fourth Quarter Fiscal 2023 Results
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.91%
Tags
earnings
News
Copart, Inc. Announces a Two-for-One Stock Split
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Stock CPRT logo
Copart, Inc.

Nasdaq:CPRT

CPRT Rankings

#227 Ranked by Market Cap
#404 Ranked by Stock Gains
N/A Ranked by Dividends

CPRT Stock Data

53.25B
876.32M
9.21%
83.45%
1.43%
Used Car Dealers
Retail Trade
Link
US
Dallas

About CPRT

copart, founded in 1982, connects buyers and sellers around the world. copart remarkets salvage and clean title vehicles to dealers, dismantlers, rebuilders, exporters and end users through internet sales utilizing its vb3 technology. copart sells vehicles on behalf of insurance companies, banks, finance companies, fleet owners, car dealerships, cars sourced from the general public and others. the company currently operates in the united states and canada (www.copart.com), the united kingdom (www.copart.co.uk), brazil (www.copart.com.br), germany (www.copart.de), the united arab emirates (www.copart.ae) and spain (www.autoresiduos.com). copart links sellers to more than 750,000 members in over 150 countries through our multi-channel online platform. copart has a diverse and extensive inventory of nearly 100,000 vehicles each day including early and late model cars, classics, trucks, suvs, motorcycles, boats, jetskis, snowmobiles and rvs. vehicles conditions range from damaged cars