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SVTPerformance's Chain of Restaurants
Road Side Pub
Manufacturer 84 at 0%
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<blockquote data-quote="Weather Man" data-source="post: 16422379" data-attributes="member: 137766"><p><span style="font-size: 22px"><strong>Copart reports weak margins for Q3</strong></span></p><p>May 21, 2020 10:13 AM ET|About: <a href="https://seekingalpha.com/symbol/CPRT" target="_blank">Copart, Inc. (CPRT)</a>|By: <a href="https://seekingalpha.com/user/49282475/profile" target="_blank">Pranav Ghumatkar</a>, SA News Editor</p><p></p><p></p><p>Copart (<a href="https://seekingalpha.com/symbol/CPRT" target="_blank">CPRT</a> +1.5%) reports <a href="https://seekingalpha.com/pr/17878127-copart-reports-third-quarter-fiscal-2020-financial-results" target="_blank">Q3</a> revenue decrease of -0.5% Y/Y to $550.36M.</p><p></p><p>Service revenues were $491.6M (+3.8% Y/Y) and Vehicle sales were $58.8M (-25.9% Y/Y).</p><p></p><p>Gross margin declined 143 bps to 44.1%.</p><p></p><p>Operating margin declined 209 bps to 35.4%.</p><p></p><p>Adj. net margin also declined 291 bps to 25.1%.</p><p></p><p>Cash & equivalents were $306.4M.</p></blockquote><p></p>
[QUOTE="Weather Man, post: 16422379, member: 137766"] [size=6][b]Copart reports weak margins for Q3[/b][/size] May 21, 2020 10:13 AM ET|About: [URL='https://seekingalpha.com/symbol/CPRT']Copart, Inc. (CPRT)[/URL]|By: [URL='https://seekingalpha.com/user/49282475/profile']Pranav Ghumatkar[/URL], SA News Editor Copart ([URL='https://seekingalpha.com/symbol/CPRT']CPRT[/URL] +1.5%) reports [URL='https://seekingalpha.com/pr/17878127-copart-reports-third-quarter-fiscal-2020-financial-results']Q3[/URL] revenue decrease of -0.5% Y/Y to $550.36M. Service revenues were $491.6M (+3.8% Y/Y) and Vehicle sales were $58.8M (-25.9% Y/Y). Gross margin declined 143 bps to 44.1%. Operating margin declined 209 bps to 35.4%. Adj. net margin also declined 291 bps to 25.1%. Cash & equivalents were $306.4M. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Manufacturer 84 at 0%
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