Welcome to our dedicated page for Carparts Com news (Ticker: PRTS), a resource for investors and traders seeking the latest updates and insights on Carparts Com stock.
CarParts.com, Inc. (NASDAQ: PRTS) is a technology-led ecommerce company in the automotive aftermarket, and this news page aggregates its latest corporate announcements, earnings updates, and strategic developments. The company sells over 1 million automotive parts and accessories online, focusing on repair, maintenance, and upgrade needs for drivers across its website, mobile app, and marketplace channels.
Visitors to this page can review quarterly earnings press releases, where CarParts.com reports net sales, gross profit, net loss, and Adjusted EBITDA, along with commentary on marketing spend, product mix, and operational efficiency. These releases also explain the company’s use of non-GAAP metrics such as Adjusted EBITDA and provide reconciliations to GAAP results.
The news feed also covers strategic transactions and partnerships, including the 2025 strategic investment from ZongTeng Group, A-Premium, and CDH Investments. Company press releases describe how these partners contribute logistics capabilities, expanded product assortments, and capital, as well as related commercial agreements and governance arrangements.
Governance and leadership updates appear here as well, such as board transitions linked to the strategic investment and executive changes disclosed in Form 8-K filings and accompanying press releases. Investors can also find notices about conference calls for first, second, and third quarter results, including webcast details and replay availability.
For anyone tracking PRTS, this page provides a centralized view of CarParts.com’s operational, financial, and strategic news, from distribution network changes and cost initiatives to membership offerings like CarParts+ and Roadside Assistance. Bookmark this feed to follow how management communicates performance, capital structure decisions, and partnerships that shape the company’s role in online automotive parts retail.
CarParts.com, Inc. (NASDAQ: PRTS) reported first quarter 2024 results with net sales decreasing to $166.3 million, gross profit of $53.9 million, net loss of ($6.5) million, and adjusted EBITDA of $1.1 million. Despite facing challenges, the company is focusing on margin expansion, efficiency, and profitability to enhance shareholder value. The company aims to achieve adjusted EBITDA growth next year and increase free cash flow generation.
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