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

TORRANCE, Calif., March 21, 2022 /PRNewswire/ -- CarParts.com, (NASDAQ: PRTS), a leading e-commerce provider of automotive parts and accessories, today announced effective March 18, 2022 the company has elected to terminate its "at-the-market" equity offering program (the "ATM Facility") with DA Davidson as sales agent.

CarParts.com Announces the Termination of Its At-The-Market Equity Offering Program

CarParts.com Inc (NASDAQ: PRTS) shares are trading significantly lower in Tuesday's after-hours session following a leadership transition.  The company announced that Lev Peker will step down as CEO, effective April 15.

Why CarParts.com Shares Are Trading Lower After Hours

TORRANCE, Calif. , March 15, 2022 /PRNewswire/ -- CarParts.com, (NASDAQ: PRTS), a leading e-commerce provider of automotive parts and accessories, today announced effective April 18, 2022, COO & CFO, David Meniane will transition to CEO and SVP of Finance, Ryan Lockwood will become CFO.

CarParts.com Promotes David Meniane to CEO and Ryan Lockwood to CFO

A mobile mechanic could be the latest innovation out of the e-commerce company.

How Carparts.com Could Disrupt the Auto Parts Industry

CarParts.com Inc. (PRTS) CEO Lev Peker on Q4 2021 Results - Earnings Call Transcript

U.S. Auto Parts (PRTS) delivered earnings and revenue surprises of 16.67% and 9.44%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

U.S. Auto Parts (PRTS) Reports Q4 Loss, Tops Revenue Estimates

TORRANCE, Calif., March 1, 2022 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS), one of the leading e-commerce providers of automotive parts and accessories, is reporting results for the fourth quarter and fiscal year ended January 1, 2022.

CarParts.com Reports Record Fourth Quarter and Full Year 2021 Results

Better yet, try importation and wholesale distribution of parts for old vehicles.

CarParts.com Cashes In On Demand Surge For Components Of Old Autos

TORRANCE, Calif., Feb. 8, 2022 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS) will hold a conference call on Tuesday, March 1, 2022 to discuss its financial results for the fourth quarter ended January 1, 2022.

CarParts.com Sets Fourth Quarter 2021 Conference Call for Tuesday, March 1, 2022 at 5:00 p.m. ET

Amazon

Children's Place

Revolve

Shopify

Target

E-commerce has surged during the pandemic, but there are also brick-and-mortar retailers benefiting from the trend.

Brick and Mortar vs. E-Commerce: Which Retailers Are Thriving Now?

TORRANCE, Calif., Jan. 6, 2022 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS), one of the leading e-commerce providers of automotive parts and accessories, in light of recent market volatility, is providing preliminary 2021 results for the fourth quarter and fiscal year ended January 1, 2022.

CarParts.com Reports Preliminary Results Record Full Year and Record Fourth Quarter 2021 Revenue

The price for this fast-growing e-commerce stock is down more than a third from recent highs.

CarParts.com: Buy the Dip?

CarParts.com (PRTS) CEO Lev Peker on Q3 2021 Results - Earnings Call Transcript

U.S. Auto Parts (PRTS) delivered earnings and revenue surprises of -50.00% and 4.48%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

U.S. Auto Parts (PRTS) Reports Q3 Loss, Tops Revenue Estimates

TORRANCE, Calif., Nov. 2, 2021 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS), one of the leading e-commerce providers of automotive parts and accessories, is reporting results for the third quarter ended October 2, 2021.

CarParts.com Reports Record Third Quarter 2021 Results

U.S. Auto Parts (PRTS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate U.S. Auto Parts (PRTS) to Report a Decline in Earnings: What to Look Out for

CarParts.com operates in an interesting space that does have attractive long-term potential for shareholders. Even so, the company's financial picture has been volatile over time and the lack of consistency is concerning.

CarParts.com: Risk Of A Temporary Blip In Performance

How CarParts.com Is Taking Advantage of the Supply Chain Crunch

TORRANCE, Calif., Oct. 14, 2021 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS) will hold a conference call on Tuesday, November 2, 2021 to discuss its financial results for the third quarter ended October 2, 2021.

CarParts.com Sets Third Quarter 2021 Conference Call for Tuesday, November 2, 2021 at 5:00 p.m. ET

SoFi Technologies

The growth potential in these supercharged stocks cannot be ignored.

3 Supercharged Growth Stocks That Still Look Unstoppable

CrowdStrike

Teladoc

These companies could supercharge your portfolio.

3 Tech Stocks That Could Triple in 5 Years

MOORESVILLE, N.C., Sept. 21, 2021 /PRNewswire/ -- Although Michael McDowell and the No.

Michael McDowell Has a Lot to Race For Heading into Las Vegas

Advance Auto Parts

AutoNation

Carvana

CarMax

Lithia Motors

O'Reilly Automotive

With the semiconductor crisis likely to keep car prices elevated for some time, these auto stocks may cynically benefit. The post 7 Auto Stocks to Buy as Price Relief Might Not Arrive Soon appeared first on InvestorPlace.

7 Auto Stocks to Buy as Price Relief Might Not Arrive Soon

But most investors have never heard of it.

This E-Commerce Stock Just Outgrew Amazon, Etsy, and Wayfair

CarParts.com's (PRTS) CEO Lev Peker on Q2 2021 Results - Earnings Call Transcript

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