secwatch.observer — SEC 8-K summary
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Issuer:     COPART INC (CPRT)
CIK:        0000900075
Form:       8-K
Filed at:   2022-11-17T23:59:59+00:00
Accession:  0000900075-22-000059
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Copart Q1 FY2023: Revenue $893.4M (+10.3% YoY), EPS $0.51 vs $0.54; Hurricane Ian costs ~$25M
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- Revenue $893.4M, up 10.3% YoY; net income $245.8M, down 5.6% YoY.
- GAAP diluted EPS $0.51 vs $0.54; non-GAAP diluted EPS $0.51 vs $0.53.
- Gross profit $369.5M, down 4.0% YoY due to higher operating costs.
- Hurricane Ian (Category 4, Sep 28) caused ~$25M in incremental costs (subhaulers, overtime, travel/lodging).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/900075/000090007522000059/0000900075-22-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/900075/000090007522000059/cprt-20221116.htm
  HTML page:      https://secwatch.observer/filing/0000900075-22-000059

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