Jeff Liaw, CEO, highlighted the 8% year-over-year global volume growth in insurance business, attributing over half of it to catastrophic events in the latter half of last year. He stated that the ...
CEO Jeff Liaw reported that "global insurance volume remained relatively flat year-over-year with a nominal decline of 0.3% globally in unit sales and 0.9% in the United States," but noted that ...
Copart offers remarketing services to process and sell vehicles to insurance companies, financial institutions, dealers, rental car companies, charities, fleet operators, and individuals, and offers ...
Recent commentary on Copart (CPRT) has focused on market share losses in its core insurance channel, rising competition from IAA backed by RB Global, and investor exits linked to concerns about ...
DALLAS--(BUSINESS WIRE)--Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended October 31, 2024. For the three months ended October 31, 2024, revenue, gross profit, and ...
Valued at a market cap of $39.7 billion, Copart, Inc. (CPRT) is a Texas-based multinational leader in online vehicle auctions ...
FAIRFIELD, Calif. — Copart announced earlier this week that it has been chosen to be the exclusive national provider of vehicle sales and auction services for Allstate. "We chose Copart because of its ...
Qualivian Investment Partners, an investment partnership focused on long-only public equities, released its Q3 2025 investor letter. A copy of the letter can be downloaded here. The fund outperformed ...
With a market share of roughly 40%, Copart is the king of auto auctions. The company’s competitiveness is supported by its multiple locations (both domestic and international) and the size of its new ...
The bread and butter of Copart’s business remains in the salvage part of the wholesale market, but the company continues to make strides in non-insurance and whole-car sectors as evident by what ...