CarParts.com, Inc. reports developments as a technology-led ecommerce provider of automotive aftermarket parts and accessories for vehicle repair, maintenance, and upgrades. The company sells through its website, mobile app, marketplace channels, and a portfolio of brands that includes CarParts.com, CarParts Wholesale, JC Whitney, Garage-Pro, and Evan Fischer, supported by a company-operated distribution network and global supply chain.
Recurring news themes include quarterly and annual results, inventory and margin commentary, catalog and platform expansion, branded marketplace relationships, customer payment and membership offerings, strategic investments, and operating changes tied to fulfillment, customer service, technology, and supply chain execution.
CarParts.com (PRTS) launched CarParts+ Rewards, its first points-based loyalty program, with free and paid membership tiers available to all customers.
The free tier earns one point per dollar spent, while CarParts+ Gold costs $79 per year and earns three points per dollar. Purchases earn points on taxes and shipping as well, and points never expire. Gold includes 24/7 roadside assistance, free shipping on more than one million eligible parts and extended 60-day returns. Since its soft launch in early September, the program has enrolled more than 118,000 new members and issued over 15 million points. The existing paid CarParts+ membership becomes CarParts+ Gold.
CarParts.com (NASDAQ: PRTS) will hold its third-quarter 2026 results conference call on October 29, 2026, at 2:00 p.m. Pacific Time.
The call will cover the quarter ended October 3, 2026, with results released beforehand. CEO David Meniane and Interim CFO Mark DiSiena will host the live audio webcast at 5:00 p.m. Eastern Time. A replay will be archived on the company website.
CarParts.com (NASDAQ: PRTS) reported second quarter 2026 net sales of $135.6 million, down 10.7% year over year, primarily due to profitability-focused marketing rationalization. Gross profit was $45.1 million versus $49.8 million, while gross margin expanded to 33.2%, up 40 basis points.
Net loss narrowed to $(3.2) million, or $(0.43) per share, compared to $(12.7) million, or $(2.27) per share. Adjusted EBITDA turned positive at $1.8 million versus $(3.1) million and was the highest since Q3 2023. Operating expenses fell to $48.3 million from $62.2 million. Cash increased to $38.2 million with inventory at $83.9 million and no revolver borrowings, alongside a new undrawn $25 million credit facility maturing March 2028. The company executed a 10‑to‑1 reverse stock split, regained Nasdaq compliance, and highlighted an A‑Premium partnership approaching a $50 million annualized revenue run rate and a growing last‑mile network delivering over 3,000 packages in the quarter.
CarParts.com (NASDAQ: PRTS) will hold a conference call on Thursday, August 6, 2026 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its financial results for the second quarter ended July 4, 2026. The company will issue a press release with these results prior to the call. CEO David Meniane and Interim CFO Mark DiSiena will host a live audio webcast, accessible at www.carparts.com/investor/news-events, with a replay later available at www.carparts.com/investor.
CarParts.com (NASDAQ: PRTS) entered into a new $25 million revolving credit facility with First Business Bank, maturing in March 2028. Management links the facility, combined with its balance sheet, to increased liquidity and strategic investment capacity. Further details will appear in an upcoming Form 8-K filing.
CarParts.com (NASDAQ: PRTS) announced it has regained compliance with Nasdaq’s minimum bid price requirement of $1.00 per share under Listing Rule 5550(a)(2).
Nasdaq confirmed the closing bid price was at least $1.00 for 10 consecutive business days, so the matter is closed and PRTS remains listed on the Nasdaq Capital Market.
CarParts.com (NASDAQ: PRTS) reported first quarter 2026 results for the period ended April 4, 2026. Net sales were $132.0 million, down 10% year-over-year. Gross profit was $42.9 million (32.5% margin). Net loss was $1.9 million; Adjusted EBITDA was positive $0.6 million. Cash was $37.9 million, inventory $91.0 million, and convertible notes payable $25.3 million. Management cited operational improvements, A-Premium growth, app downloads of 1.4 million, new Mastercard launch, and expanded supply-chain initiatives.
CarParts.com (NASDAQ: PRTS) will hold a conference call on Thursday, May 7, 2026 at 2:00 p.m. PT / 5:00 p.m. ET to discuss financial results for the first quarter ended April 4, 2026. The company will release results in a press release prior to the call.
CEO David Meniane and Interim CFO Mark DiSiena will host a live audio webcast; a replay will be archived on the company investor website.
CarParts.com (NASDAQ: PRTS) launched the CarParts.com Mastercard® on April 14, 2026, a branded credit card program offering 3% cashback at CarParts.com and 1% elsewhere. Powered by Mastercard and serviced by Concora Credit, the card features instant prequalification, immediate card number access on approval, and Mastercard benefits.
The program complements recent product expansions including CarParts+ membership, European and performance parts destinations, and a 100,000+ SKU catalog increase.
CarParts.com (NASDAQ: PRTS) and A-Premium are expanding a strategic collaboration to launch approximately 30,000 JC Whitney® SKUs, focusing on mechanical replacement parts. An $8.0 million private placement (10,000,000 shares at $0.80) will fund initial inventory, with ~6,000 SKUs in transit and expected for sale in early Q2 2026.
Management said the effort builds on a prior $35.7 million strategic investment now generating about $35 million in annualized revenue and follows four quarters of operational improvement, including a $7.7 million YoY decline in fourth-quarter operating expenses.