CEO Jeffrey Liaw opened the call by stating, "We're pleased to announce the results of another record year for Copart across a number of dimensions, including units sold, revenue and operating profit.

Dallas-based Copart Inc. has acquired new locations in Wilmer and Temple, giving it 14 car-auction sites in Texas. The additional sites should help insurance companies deal with the high volume of ...

Copart operates in a virtual duopoly, boasts strong cash flows, and is expanding internationally with high returns on equity. CPRT's stock price has declined despite robust fundamentals, creating an ...