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.

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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.

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The average of price targets set by Wall Street analysts indicates a potential upside of 114.6% in CarParts.com (PRTS). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Believe CarParts.com (PRTS) Could Rally 115%: Here's is How to Trade

CarParts.com is still putting up double-digit growth in a difficult macroeconomic environment.

1 E-Commerce Stock That Isn't Slowing Down

CarParts.com (PRTS) delivered earnings and revenue surprises of 133.33% and 0.48%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

CarParts.com (PRTS) Q2 Earnings and Revenues Beat Estimates (Revised)

More drivers are keeping their cars longer due to increasing interest rates and a precipitous drop in the stock of new cars, which is helping auto parts eCommerce retailer CarParts.com. The company reported a 12% year-over-year increase in its second-quarter sales to $176.

CarParts.com Benefits From Drivers Keeping Cars Longer

While there are some consumers who enjoy working on their cars, there are others who find car repair to be complex and stressful. Plus, even for those who normally like to do it themselves, there are jobs they don't feel comfortable doing.

CarParts.com Expands Addressable Market With Do-It-for-Me Feature

CarParts.com, Inc. (NASDAQ:PRTS ) Q2 2022 Earnings Conference Call August 2, 2022 5:00 PM ET Company Participants Tina Mirfarsi - VP of Communications & Culture David Meniane - CEO Ryan Lockwood - CFO Conference Call Participants Thomas Forte - D.A. Davidson Darren Aftahi - ROTH Capital Partners Ryan Meyers - Lake Street Capital Ryan Sigdahl - Craig-Hallum Operator Good afternoon and welcome to [technical difficulty] Second Quarter 2022 Conference Call.

CarParts.com, Inc. (PRTS) CEO David Meniane on Q2 2022 Results Earnings Call Transcript

U.S. Auto Parts (PRTS) delivered earnings and revenue surprises of 133.33% and 0.48%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

U.S. Auto Parts (PRTS) Q2 Earnings and Revenues Beat Estimates

Record Quarterly Sales of  $176 . 2 million, up 12 % year over year    10th Consecutive Quarter of Year over Year Sales Growth Net Income of $4.1 million and Adjusted EBITDA of $8.3 million TORRANCE, Calif.

CarParts.com Reports Record Second Quarter 2022 Results

The Zacks Consensus Estimate for CarParts.com (PRTS) fiscal Q2 revenues and earnings is pegged at $175.38 million and 3 cents a share, respectively.

What's in the Cards for CarParts.com (PRTS) in Q2 Earnings?

TORRANCE, Calif. , July 12, 2022 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS) will hold a conference call on Tuesday, August 2, 2022 at 2:00 p.m.

CarParts.com Sets Second Quarter 2022 Conference Call for Tuesday, August 2, 2022

U.S. Auto Parts (PRTS) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

U.S. Auto Parts (PRTS) Shows Fast-paced Momentum But Is Still a Bargain Stock

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CarParts.Com, Inc.(NASDAQ: PRTS) shares are trading higher after the company announced a $75 million credit facility. The credit facility includes an increased aggregate lender commitment of up to $75 million, subject to borrowing base availability based on specified advance rates, eligibility.

Why Shares Of CarParts.com Are Trading Higher Today

The agreement also allows for an expansion of $75 million for total capacity of $150 million TORRANCE, Calif. , June 21, 2022 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS), one of the leading e-commerce providers of automotive parts and accessories, today announced it has entered into an amended and restated facility in place of their prior credit facility.

CarParts.com Announces $75 Million Credit Facility

CarParts.com continues to grow its top line and improve its bottom line during these tough times. This is a testament to the company's business model, and the future for the business is likely bright.

CarParts.com: Growth Continues Despite Broader Economic Concerns

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U.S. Auto Parts (PRTS) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Looking for a Fast-paced Momentum Stock at a Bargain? Consider U.S. Auto Parts (PRTS)

The consensus price target hints at a 148.5% upside potential for U.S. Auto Parts (PRTS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Can U.S. Auto Parts (PRTS) Climb 149% to Reach the Level Wall Street Analysts Expect?

The consensus price target hints at an 188.5% upside potential for U.S. Auto Parts (PRTS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Think U.S. Auto Parts (PRTS) Could Surge 189%: Read This Before Placing a Bet

The auto parts company's stock jumped on its latest report. Here's why the rally could continue.

3 Reasons Carparts.com Is on the Right Track

U.S. Auto Parts (PRTS) delivered earnings and revenue surprises of 180% and 3.65%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

U.S. Auto Parts (PRTS) Q1 Earnings and Revenues Beat Estimates

CarParts.com, Inc. (NASDAQ:PRTS ) Q1 2022 Earnings Conference Call May 3, 2022 5:00 PM ET Company Participants Tina Mirfarsi - VP of Communications & Culture David Meniane - CEO Ryan Lockwood - CFO Conference Call Participants Ryan Sigdahl - Craig-Hallum Ryan Meyers - Lake Street Capital Thomas Forte - D.A. Davidson Operator 00:03 Good afternoon, and welcome to CarParts.com First Quarter 2022 Conference Call.

CarParts.com, Inc. (PRTS) CEO David Meniane on Q1 2022 Results - Earnings Call Transcript

Record Quarterly Sales of  $166 . 1 million, up 15 %   9th Consecutive Quarter of Year over Year Sales Growth Record Adjusted EBITDA of $9.4 million TORRANCE, Calif.

CarParts.com Reports Record First Quarter 2022 Results

TORRANCE, Calif. , April 18, 2022 /PRNewswire/ -- CarParts.com, (NASDAQ: PRTS) a leading e-commerce auto parts company dedicated to getting drivers back on the road, today announces that it has appointed Kals Subramanian as Chief Technology Officer, effective April 18, 2022.

CarParts.com Expands Executive Team to Accelerate Technology Growth

TORRANCE, Calif. , April 13, 2022 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS) will hold a conference call on Tuesday, May 3, 2022 to discuss its financial results for the first quarter ended April 2, 2022.

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