Management did not provide explicit forward guidance for revenues or EPS. Liaw and Stearns reiterated their focus on sustaining auction returns and further improving operational efficiency. There was ...

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.

What a brutal six months it’s been for Copart. The stock has dropped 20.6% and now trades at $38.22, rattling many shareholders. This was partly driven by its softer quarterly results and may have ...