8-KEarnings & ResultsExhibits & Filings

COPART INC 8-K Report, Financial Results (Nov 22, 2017)

Filed November 22, 2017For Securities:CPRT

Summary

Copart, Inc. (CPRT) filed an 8-K on November 22, 2017, to report its financial results for the first quarter of fiscal year 2018, which concluded on October 31, 2017. The filing primarily comprises a press release containing the detailed financial performance for the period. Investors should note that this information is furnished, not filed, under Item 2.02 of Form 8-K, meaning it's not subject to the liabilities of Section 18 of the Exchange Act unless specifically incorporated into other filings. The key takeaway for investors is the announcement of the Q1 FY2018 financial performance. While the full details are within the furnished press release (Exhibit 99.1), this 8-K serves as the official notification of the release of those results. Interested parties should refer to the accompanying press release for specific figures regarding revenue, profitability, and other operational metrics that would inform investment decisions.

Key Highlights

  • 1Copart, Inc. announced its financial results for the first quarter of fiscal year 2018 (ended October 31, 2017).
  • 2The results were communicated via a press release dated November 21, 2017.
  • 3The press release is furnished as Exhibit 99.1 to the 8-K filing.
  • 4This filing is made under Item 2.02 (Results of Operations and Financial Condition).
  • 5The information furnished is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, which limits liability associated with such statements.
  • 6Investors must refer to Exhibit 99.1 for the actual financial performance data of Copart for Q1 FY2018.

Frequently Asked Questions

The main purpose of this 8-K filing is to officially announce and furnish Copart, Inc.'s financial results for the first quarter of its fiscal year 2018, which ended on October 31, 2017.

The detailed financial results are located in the press release furnished as Exhibit 99.1 to this 8-K filing. Investors should consult this exhibit for specific financial performance figures.

This 8-K filing itself does not contain the specific financial numbers. It serves as notification that Copart has released its results, with the actual financial data presented in the accompanying press release (Exhibit 99.1).

Information furnished under Item 2.02 is not subject to the same legal liabilities as information that is 'filed' under Section 18 of the Securities Exchange Act of 1934. This means the company has less legal exposure for inaccuracies in the furnished information unless it's specifically incorporated into a filed document.