CarParts.com, Inc.

CarParts.com, Inc. operates as an online provider of aftermarket auto parts and accessories in the United States and the Philippines. Its products include Collision Parts, Engine Parts, Performance Parts and Accessories. The firm also sells auto parts to collision repair shops, markets Kool-Vue products to auto parts wholesale distributor, and aftermarket catalytic converters under the Evan Fischer brand. Its flagship Websites include www.carparts.com, www.jcwhitney.com, www.autopartswarehouse.com and www.usautoparts.com. The company was founded by Sol Khazani and Mehran Nia in 1995 and is headquartered in Carson, CA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

CarParts.com reports record revenues and eyes growth opportunities in 2023

CarParts.com delivered strong financial performance with record revenues and continued growth momentum. The company's focus on customer service, operational excellence, and innovation positions it well for future success.
While facing challenges such as weather fluctuations and market competition, CarParts.com maintains a strong financial position and a clear growth strategy. Opportunities for expansion and improvement exist through strategic initiatives and leveraging key strengths.
Overall, CarParts.com's Q4 2022 earnings call highlights its resilience, strategic focus, and potential for sustained growth in 2023 and beyond.

CarParts.com reports robust Q1 earnings, eyes growth opportunities ahead

CarParts.com continues its growth trajectory with strong financial performance and a focus on customer service. While cautious about the consumer environment, the company is investing in key areas for future growth and profitability.

CarParts.com (PRTS) reports strong Q2 performance and growth strategies

CarParts.com (PRTS) delivered a strong Q2 performance with consistent year-over-year growth and strategic initiatives in place for future growth. The company's focus on customer-centricity, efficiency enhancements, and innovation positions it well for success.
While facing challenges from consumer trends and economic uncertainties, CarParts.com remains confident in achieving revenue growth and maintaining operational efficiency. Opportunities lie in capitalizing on pent-up demand, enhancing customer experience, and leveraging AI and automation.
Overall, CarParts.com's Q2 earnings call highlights a resilient performance, strategic focus on growth drivers, and proactive measures to navigate challenges and seize opportunities in the market.

CarParts.com reports 15th consecutive growth quarter, focuses on customer engagement

CarParts.com's Q3 performance showcased consistent revenue growth, strategic priorities, and improvements in customer experience and supply chain. While facing challenges in profitability and net loss, the company's strengths in customer relationships, innovation, and disciplined capital allocation position it well for future success.
By addressing operational efficiency, optimizing profitability, and driving sustainable growth, CarParts.com can overcome challenges and capitalize on opportunities in e-commerce, digital transformation, and market differentiation. Maintaining a focus on financial discipline and shareholder value will be crucial for long-term success.

CarParts.com reports record sales in Q4 2023 amidst margin challenges

CarParts.com (PRTS) delivered robust sales performance in Q4 2023, achieving record-breaking annual sales of $676 million. Despite challenges, the company remains focused on strategic growth drivers and cost efficiency.
While facing margin pressures and modest revenue growth expectations for 2024, CarParts.com is proactively addressing these challenges through cost reduction measures and targeted investments in key areas.
With a strong emphasis on enhancing the customer experience and expanding product offerings, CarParts.com aims to sustain its growth trajectory and strengthen its market position in the competitive e-commerce landscape.

CarParts.com (PRTS) addresses challenges, focuses on growth and profitability

CarParts.com (PRTS) faced challenges in Q1 but is actively working on improving profitability and operational efficiency.
Strategic priorities include a digital-first approach, product expansion, and cost-saving initiatives to drive long-term value.
Revised revenue guidance and margin targets indicate a focus on growth and profitability amidst competitive pressures.
Efforts to optimize logistics and supply chain management are crucial for enhancing customer experience and operational efficiency.

CarParts.com reports Q2 revenue decline, focuses on sustainable growth

CarParts.com focused on financial discipline and efficiency to drive sustainable growth in Q2.
Despite revenue decline and losses, the company made progress in optimizing operations and marketing.
Challenges include revenue decline and profitability targets, with opportunities in margin improvement and strategic initiatives.
Overall, CarParts.com aims for sustainable growth and profitability through operational enhancements and margin focus.

CarParts.com reports Q3 challenges, focuses on margin improvement

CarParts.com focused on margin improvement and efficiency amidst challenges from hurricanes and a tough consumer environment.
Revenue declined in Q3, but gross margin improved, and the company aims to capitalize on opportunities in the auto parts market.
Efforts to manage costs, optimize logistics, and drive revenue growth position CarParts.com for sustainable growth and profitability.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

CarParts.com, Inc. (NASDAQ:PRTS ) Q3 2024 Earnings Conference Call October 29, 2024 5:00 PM ET Company Participants Tina Mirfarsi – Senior Vice President of Global Communications and Brand David Meniane – Chief Executive Officer Ryan Lockwood – Chief Financial Officer Conference Call Participants Ryan Sigdahl – Craig-Hallum Capital Group Operator Good afternoon. At this time all participants will be in a listen-only mode.

CarParts.com, Inc. (PRTS) Q3 2024 Earnings Call Transcript

TORRANCE, Calif. , Oct. 29, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS), a leading eCommerce provider of automotive parts and accessories, and a premier destination for vehicle repair and maintenance needs, is reporting results for the third quarter ended September 28, 2024.

CarParts.com Reports Third Quarter 2024 Results

TORRANCE, Calif. , Oct. 8, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS) will hold a conference call on Tuesday, October 29, 2024 at 2:00 p.m.

CarParts.com Sets Third Quarter 2024 Conference Call for Tuesday, October 29, 2024

CarParts.com, Inc. (NASDAQ:PRTS ) Q2 2024 Earnings Conference Call July 30, 2024 5:00 PM ET Company Participants Tina Mirfarsi - Senior Vice President of Global Communications & Culture David Meniane - Chief Executive Officer Ryan Lockwood - Chief Financial Officer Michael Huffaker - Chief Operating Officer Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Group Ryan Meyers - Lake Street Capital Markets. Operator Good afternoon.

CarParts.com, Inc. (PRTS) Q2 2024 Earnings Call Transcript

TORRANCE, Calif. , July 30, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS), a leading eCommerce provider of automotive parts and accessories, and a premier destination for vehicle repair and maintenance needs, is reporting results for the second quarter ended June 29, 2024.

CarParts.com Reports Second Quarter 2024 Results

State-of-the-Art Facility Enhances Operational Efficiency and Customer Experience TORRANCE, Calif. , July 24, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS) ("CarParts.com"), a leading online provider of automotive parts and accessories, proudly announces the opening of its new state-of-the-art fulfillment center in Las Vegas, Nevada.

CarParts.com Opens New Las Vegas Fulfilment Center

TORRANCE, Calif. , July 18, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS), a technology-driven eCommerce company offering over 1 million high-quality automotive parts and accessories, today announced the appointment of strategic marketing leader Christina Thelin as Chief Marketing Officer (CMO).

CarParts.com Announces Appointment of CMO to Support Growth Plans

TORRANCE, Calif. , July 9, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS) will hold a conference call on Tuesday, July 30, 2024 at 2:00 p.m.

CarParts.com Sets Second Quarter 2024 Conference Call for Tuesday, July 30, 2024

Today, CarParts.com proudly debuts its first major campaign in over two decades. TORRANCE, Calif.

CarParts.com Launches "Now That's My Speed" Campaign to Enhance Auto Parts Shopping

BlackSky Technology

Gold Royalty Corp

Full stop, penny stocks are incredibly risky. Though they're enticing because of their relatively low nominal share price, that's not the only characteristic to consider.

The Penny Stock Preachers: 3 Companies Spreading the Gospel of Low-Priced Profits

CarParts.com, Inc. (NASDAQ:PRTS ) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Tina Mirfarsi - Senior Vice President of Global Communications & Culture David Meniane - Chief Executive Officer Ryan Lockwood - Chief Financial Officer Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Group Ryan Meyers - Lake Street Capital Markets. Operator Good afternoon.

CarParts.com, Inc. (PRTS) Q1 2024 Earnings Call Transcript

After a few weeks of an earnings season marked by cautionary optimism about the state of the U.S. consumer, CarParts.com said the quiet part out loud Tuesday (May 7) as it showed a significant drop in revenue and profit for the first quarter.

CarParts.com Stalls With Q1 Earnings Drop

TORRANCE, Calif. , May 7, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS), one of the leading eCommerce providers of automotive parts and accessories, and a one-stop shop for vehicle repair and maintenance needs, is reporting results for the first quarter ended March 30, 2024.

CarParts.com Reports First Quarter 2024 Results

Entravision Communications

i-80 Gold Corp

Lithium Americas Corp

Nordic American Tankers

FiscalNote Holdings Inc

There's no getting around it. Considering penny stocks to buy on the dip is a high-risk endeavor.

7 Penny Stocks to Buy on the Dip: April 2024

TORRANCE, Calif. , April 16, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS) will hold a conference call on Tuesday, May 7, 2024 at 2:00 p.m.

CarParts.com Sets First Quarter 2024 Conference Call for Tuesday, May 7, 2024

TORRANCE, Calif. , April 5, 2024 /PRNewswire/ -- CarParts.com, Inc. (the "Company") announced today that its Board of Directors has adopted a Tax Benefits Preservation Plan (the "Plan") intended to preserve the value of certain of the Company's tax attributes (the "Tax Attributes").

CarParts.com, Inc. Adopts Tax Benefits Preservation Plan

Adicet Bio, Inc.

Arbe Robotics Ltd

KORU Medical Systems Inc

Lantronix

PowerFleet Inc

Vor Biopharma

In most cases, investors should stay away from penny stocks. They're wild, they're unpredictable and they tend to lose their stakeholders money more so than they return.

The Penny Stock A-List: 7 High-Profile Companies on the Verge of Greatness

CarParts.com, Inc. (NASDAQ:PRTS ) Q4 2023 Earnings Conference Call March 7, 2024 5:00 PM ET Company Participants Tina Mirfarsi - Senior Vice President, Communications & Culture David Meniane - Chief Executive Officer Ryan Lockwood - Chief Financial Officer Michael Huffaker - Chief Operating Officer Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Group Dillon Heslin - ROTH Capital Partners Ryan Meyers - Lake Street Operator Good afternoon. At this time, all participants will be in a listen-only mode.

CarParts.com, Inc. (PRTS) Q4 2023 Earnings Call Transcript

CarParts.com is leaning heavily on its new mobile app and its revamped content marketing efforts as it looks to boost its gross profit. These initiatives around commerce experience and marketing are paying off in higher sales volume and lower customer acquisition costs, David Meniane, CEO of Carparts.com, said Thursday (March 7) during a quarterly earnings call.

CarParts.com Looks to Mobile App, Content Marketing to Drive Profits

CarParts.com (PRTS) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.11 per share a year ago.

CarParts.com (PRTS) Reports Q4 Loss, Tops Revenue Estimates

Record Fiscal Year Sales of  $676  million TORRANCE, Calif. , March 7, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS), one of the leading eCommerce providers of automotive parts and accessories, and a one-stop shop for vehicle repair and maintenance needs, is reporting results for the fourth quarter and fiscal year ended December 30, 2023.

CarParts.com Reports Highest Fiscal Year Sales in Company History

TORRANCE, Calif. , Feb. 20, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS) announces today that they will be presenting at the 36th Annual Roth Conference.

CarParts.com To Present At The 36th Annual Roth Conference

Himax Tech

Pan American Silver

After running into some February jitters earlier this week, the market may be poised for stronger returns, which then incentivizes the narrative for hidden-gem stocks. For whatever reason, these ideas just simply don't feature on Wall Street's radar.

3 Hidden-Gem Stocks Ready to Ride a Massive Market Wave

TORRANCE, Calif. , Feb. 15, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS) will hold a conference call on Thursday, March 7, 2024, at 2:00 p.m.

CarParts.com Sets Fourth Quarter 2023 Conference Call for Thursday, March 7, 2024

TORRANCE, Calif. , Jan. 22, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS), a leading online retailer of automotive parts and accessories, today announced its Board of Directors has approved the extension of the Company's current $30 million stock repurchase plan (the "Repurchase Plan") to July 26, 2026.

News for CarParts.com, Inc. Stock (PRTS)