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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Content equips customers with knowledge that not only educates but also empowers them to save time and money by taking on repairs themselves TORRANCE, Calif. , Nov. 28, 2023 /PRNewswire/ -- CarParts.com, a leading online retailer of automotive parts and accessories, has announced the launch of a refreshed content marketing strategy, aimed at enhancing the customer experience.

CarParts.com Introduces Innovative Content Hub to Enhance Customer Journey with Podcasts, Revamped Blog, and Extensive Video Library

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CarParts.com, Inc. (NASDAQ:PRTS ) Q3 2023 Earnings Conference Call October 30, 2023 5:00 PM ET Company Participants Tina Mirfarsi - SVP, Communications and Culture David Meniane - CEO Michael Huffaker - COO Ryan Lockwood - CFO Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Group Darren Aftahi - ROTH MKM Ryan Meyers - Lake Street Operator Good afternoon. At this time, all participants will be in a listen-only mode.

CarParts.com, Inc. (PRTS) Q3 2023 Earnings Call Transcript

CarParts.com (PRTS) came out with a quarterly loss of $0.04 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.02 per share a year ago.

CarParts.com (PRTS) Reports Q3 Loss, Lags Revenue Estimates

3rd Quarter Sales of  $167  million, up 1%  Year over Year   15th Consecutive Quarter of Year over Year Sales Growth TORRANCE, Calif. , Oct. 30, 2023 /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 third quarter ended September 30, 2023.

CarParts.com Reports Highest Third Quarter Sales in Company History

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TORRANCE, Calif. , Oct. 9, 2023 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS) will hold a conference call on Monday, October 30, 2023 at 2:00 p.m.

CarParts.com Sets Third Quarter 2023 Conference Call for Monday, October 30, 2023

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CarParts.com experienced significant growth during the COVID-era, but its stock has since come down dramatically from its peak. The company reported $177 million in quarterly revenue, with a slight increase from the previous quarter. CarParts.com has a lower profitability compared to industry leaders, but its valuation is attractive and it has a strong cash position.

CarParts.com: The Hatches Are Battened Down

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CarParts.com has struggled since its pandemic-era boom faded. Other online auto parts retailers are in trouble.

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CarParts.com, Inc. (NASDAQ:PRTS ) Q2 2023 Earnings Conference Call August 1, 2023 5:00 PM ET Company Participants Tina Mirfarsi - SVP, Communications and Culture David Meniane - CEO and SVP Michael Huffaker - COO Ryan Lockwood - CFO Conference Call Participants Ryan Meyers - Lake Street Capital Markets Ryan Sigdahl - Craig-Hallum Capital Group Thomas Forte - D.A. Davidson & Company Darren Aftahi - ROTH MKM Operator Good afternoon.

CarParts.com, Inc. (PRTS) Q2 2023 Earnings Call Transcript

CarParts.com (PRTS) came out with a quarterly loss of $0.01 per share in line with the Zacks Consensus Estimate. This compares to earnings of $0.07 per share a year ago.

CarParts.com (PRTS) Reports Q2 Loss, Tops Revenue Estimates

2nd Quarter Sales of  $177  million, up Slightly  Year over Year   14th Consecutive Quarter of Year over Year Sales Growth TORRANCE, Calif. , Aug. 1, 2023 /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 second quarter ended July 1, 2023.

CarParts.com Reports Highest Quarterly Sales in Company History

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