CarParts.com, Inc., together with its subsidiaries, operates as an online provider of aftermarket auto parts and accessories in the United States and the Philippines. It offers replacement parts, such as parts for the exterior of an automobile; mirror products; engine and chassis components, as well as other mechanical and electrical parts; and performance parts and accessories to individual consumers through its network of e-commerce Websites and online marketplaces. The company also sells auto parts to collision repair shops; markets Kool-Vue products to auto parts wholesale distributors; 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 formerly known as U.S. Auto Parts Network, Inc. and changed its name to CarParts.com, Inc. in July 2020. CarParts.com, Inc. was incorporated in 1995 and is based in Torrance, California.
IPO Year: 2007
Exchange: NASDAQ
Website: carparts.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/4/2022 | $18.00 | Buy | Lake Street |
| 12/28/2021 | $30.00 → $18.00 | Buy | Roth Capital |
| 8/6/2021 | $18.00 → $21.00 | Outperform | RBC Capital |
4 - CarParts.com, Inc. (0001378950) (Issuer)
4 - CarParts.com, Inc. (0001378950) (Issuer)
4 - CarParts.com, Inc. (0001378950) (Issuer)
4 - CarParts.com, Inc. (0001378950) (Issuer)
4 - CarParts.com, Inc. (0001378950) (Issuer)
4 - CarParts.com, Inc. (0001378950) (Issuer)
4 - CarParts.com, Inc. (0001378950) (Issuer)
4 - CarParts.com, Inc. (0001378950) (Issuer)
4 - CarParts.com, Inc. (0001378950) (Issuer)
4 - CarParts.com, Inc. (0001378950) (Issuer)
4 - CarParts.com, Inc. (0001378950) (Issuer)
4 - CarParts.com, Inc. (0001378950) (Issuer)
TORRANCE, Calif., Oct. 29, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ:PRTS), a leading eCommerce provider of automotive parts and accessories, and a premier destination for vehicle repair and maintenance needs, is reporting results for the third quarter ended September 28, 2024. Third Quarter 2024 Summary vs. Year-Ago Quarter Net sales decreased to $144.8 million, down 13% from the year-ago quarter.Gross profit of $51.0 million vs. $54.8 million.Gross margin of 35.2%, up from 32.9% from the year-ago quarter.Net loss was ($10.0) million, or ($0.17) per share, compared to
TORRANCE, Calif., Oct. 8, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ:PRTS) will hold a conference call on Tuesday, October 29, 2024 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its financial results for the third quarter ended September 28, 2024. The results will be reported in a press release prior to the call. CarParts.com, Inc. CEO David Meniane, CFO Ryan Lockwood, and COO Michael Huffaker will host the conference call live via an audio webcast, followed by a question and answer period. To access the conference call as a participant, please pre-registe
TORRANCE, Calif., July 30, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ:PRTS), a leading eCommerce provider of automotive parts and accessories, and a premier destination for vehicle repair and maintenance needs, is reporting results for the second quarter ended June 29, 2024. Second Quarter 2024 Summary vs. Year-Ago Quarter Net sales decreased to $144.3 million, down 18% from the year-ago quarter.Gross profit of $48.4 million vs. $60.4 million, with gross margin of 33.5%.Net loss was ($8.7) million, or ($0.15) per share, compared to a net loss of ($0.7) million, or ($0.01
TORRANCE, Calif., July 9, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ:PRTS) will hold a conference call on Tuesday, July 30, 2024 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its financial results for the second quarter ended June 29, 2024. The results will be reported in a press release prior to the call. CarParts.com, Inc. CEO David Meniane, CFO Ryan Lockwood, and COO Michael Huffaker will host the conference call live via an audio webcast, followed by a question and answer period. To access the conference call as a participant, please pre-register using
TORRANCE, Calif., May 7, 2024 /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 first quarter ended March 30, 2024. First Quarter 2024 Summary vs. Year-Ago Quarter Net sales decreased to $166.3 million, down 5% from the year-ago quarter.Gross profit of $53.9 million vs. $62.6 million, with gross margin of 32.4%.Net loss was ($6.5) million, or ($0.11) per share, compared to a net income of $1.1 million, or $0.02
TORRANCE, Calif., April 16, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ:PRTS) will hold a conference call on Tuesday, May 7, 2024 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its financial results for the first quarter ended March 30, 2024. The results will be reported in a press release prior to the call. CarParts.com, Inc. CEO David Meniane, CFO Ryan Lockwood and COO Michael Huffaker will host the conference call live via an audio webcast, followed by a question and answer period. To access the conference call as a participant, please pre-register using
TORRANCE, Calif., April 5, 2024 /PRNewswire/ -- CarParts.com, Inc. (the "Company") announced today that its Board of Directors has adopted a Tax Benefits Preservation Plan (the "Plan") intended to preserve the value of certain of the Company's tax attributes (the "Tax Attributes"). As of December 30, 2023, federal and state Tax Attributes were $105,224 and $84,780, respectively. However, these Tax Attributes may be materially reduced or eliminated by a "change of ownership" of the Company under Section 382 of the Internal Revenue Code (a "change of ownership"). In general, a
Record Fiscal Year Sales of $676 million TORRANCE, Calif., March 7, 2024 /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 fourth quarter and fiscal year ended December 30, 2023. Fiscal Year 2023 Summary vs. Fiscal Year 2022 Net sales increased to a record $675.7 million, up 2% and up 16% on a two-year stack.Gross profit of $229.4 million vs. $230.9 million, with gross margin of 33.9%.Net loss was ($8.2) milli
TORRANCE, Calif., Feb. 15, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ:PRTS) will hold a conference call on Thursday, March 7, 2024, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its financial results for the fourth quarter and fiscal year ended December 30, 2023. The results will be reported in a press release prior to the call. CarParts.com, Inc. CEO David Meniane, CFO Ryan Lockwood, and COO Michael Huffaker will host the conference call live via an audio webcast, followed by a question and answer period. To access the conference call as a participant, pl
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. Pacific Time (5:00 p.m. Eastern Time) to discuss its financial results for the third quarter ended September 30, 2023. The results will be reported in a press release prior to the call. CarParts.com, Inc. CEO David Meniane, CFO Ryan Lockwood and COO Michael Huffaker will host the conference call live via an audio webcast, followed by a question and answer period. To access the conference call as a participant, please pre-register
10-Q - CarParts.com, Inc. (0001378950) (Filer)
8-K - CarParts.com, Inc. (0001378950) (Filer)
8-K - CarParts.com, Inc. (0001378950) (Filer)
10-Q - CarParts.com, Inc. (0001378950) (Filer)
8-K - CarParts.com, Inc. (0001378950) (Filer)
8-K - CarParts.com, Inc. (0001378950) (Filer)
8-K - CarParts.com, Inc. (0001378950) (Filer)
8-A12B/A - CarParts.com, Inc. (0001378950) (Filer)
8-K - CarParts.com, Inc. (0001378950) (Filer)
DEFR14A - CarParts.com, Inc. (0001378950) (Filer)
Lake Street initiated coverage of CarParts.com with a rating of Buy and set a new price target of $18.00
Roth Capital reiterated coverage of CarParts.com with a rating of Buy and set a new price target of $18.00 from $30.00 previously
RBC Capital reiterated coverage of CarParts.com with a rating of Outperform and set a new price target of $21.00 from $18.00 previously
Roth Capital reiterated coverage of CarParts.com with a rating of Buy and set a new price target of $30.00 from $25.00 previously
Craig Hallum reiterated coverage of CarParts.com with a rating of and set a new price target of $28.00 from $20.00 previously
Roth Capital reiterated coverage of CarParts.com with a rating of Buy and set a new price target of $25.00 from $18.00 previously
TORRANCE, Calif., July 18, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ:PRTS), a technology-driven eCommerce company offering over 1 million high-quality automotive parts and accessories, today announced the appointment of strategic marketing leader Christina Thelin as Chief Marketing Officer (CMO). She will serve as a member of CarParts.com's leadership team, reporting directly to CEO David Meniane. Thelin will oversee product and brand marketing, performance marketing, loyalty marketing, creative, and consumer insights. "As we continue to focus on growth, it is imperative
TCW Special Purpose Acquisition Corp. (NYSE:TSPQ), a $464 million blank check company sponsored by The TCW Group, Inc. ("TCW"), announced that it has appointed Nanxi Liu to the Company's Board of Directors. Since April 2021, Ms. Liu has served on the TCW Special Purpose Acquisition Corporation's Advisory Board. She is the Co-Founder and Co-CEO of Blaze Technology, a no-code platform that enables teams to build web applications and internal tools. Ms. Liu co-founded and served as CEO of Enplug, a leading digital signage software company used by Fortune 500 companies, until it was acquired in 2021. She previously co-founded Nanoly Bioscience, a venture-backed biotech company that develops po
TCW Special Purpose Acquisition Corp. (NYSE:TSPQ), a $464 million blank check company sponsored by The TCW Group, Inc. ("TCW"), announced that it has appointed Nanxi Liu to its Advisory Board, effective April 26, 2021. Ms. Liu is Co-Founder and CEO of Enplug, a leading digital signage software company used by Fortune 500 companies, and was named one of Forbes 30 Under 30 and Fortune's 10 Most Promising Women Entrepreneurs. She also co-founded Nanoly Bioscience, a venture-backed biotech company that develops polymers that eliminate the need of refrigeration for vaccines and therapeutics. Ms. Liu serves on the Board of Directors of CarParts.com (NASDAQ:PRTS), a leading online provider of aut
Gainers Delta Apparel (AMEX:DLA) stock rose 11.2% to $0.72 during Friday's pre-market session. The company's market cap stands at $5.0 million. Connexa Sports Techs (NASDAQ:YYAI) shares rose 9.86% to $0.47. The company's market cap stands at $19.2 million. Red Robin Gourmet Burgers (NASDAQ:RRGB) shares increased by 9.21% to $8.3. The company's market cap stands at $130.1 million. Purple Innovation (NASDAQ:PRPL) stock moved upwards by 7.34% to $0.96. The market value of their outstanding shares is at $102.7 million. ATRenew (NYSE:RERE) shares rose 4.78% to $2.19. The market value of their outstanding shares is at $485.5 million. CarParts.com (NASDAQ:PRTS) stock increased by 4.54% to $1.
Gainers Sacks Parente Golf (NASDAQ:SPGC) shares moved upwards by 9.3% to $0.56 during Wednesday's after-market session. The company's market cap stands at $8.1 million. J-Long Group (NASDAQ:JL) shares moved upwards by 9.11% to $0.53. The market value of their outstanding shares is at $16.6 million. Jowell Global (NASDAQ:JWEL) stock rose 6.46% to $2.14. The market value of their outstanding shares is at $4.6 million. Delta Apparel (AMEX:DLA) stock rose 5.6% to $0.94. The market value of their outstanding shares is at $6.6 million. Nerdy (NYSE:NRDY) shares rose 4.93% to $1.89. The market value of their outstanding shares is at $205.8 million. Sonos (NASDAQ:SONO) shares rose 4.73% to $15.
The Dow Jones index closed lower by more than 100 points on Tuesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company’s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga’s insider transactions platform. CarParts.com The Trade: CarParts.com, Inc. (NASDAQ:PRTS) Director Jim Barnes bought a total of 94,000 shares at an average price of $1.10. To acquire these shares, it cost around $103,400. What's Happening: On May 7, CarParts.com posted dow
Gainers BARK (NYSE:BARK) stock increased by 8.2% to $1.32 during Wednesday's after-market session. The company's market cap stands at $233.8 million. Visionary Holdings (NASDAQ:GV) stock rose 7.4% to $0.41. The market value of their outstanding shares is at $21.1 million. PetMed Express (NASDAQ:PETS) shares rose 5.58% to $4.35. The market value of their outstanding shares is at $91.9 million. Vroom (NASDAQ:VRM) shares rose 4.56% to $11.23. The market value of their outstanding shares is at $20.3 million. Color Star Tech (NASDAQ:ADD) shares rose 3.81% to $0.27. The company's market cap stands at $6.1 million. CarParts.com (NASDAQ:PRTS) stock increased by 3.71% to $1.11. The company's ma
Craig-Hallum analyst Ryan Sigdahl downgrades CarParts.com (NASDAQ:PRTS) from Buy to Hold and lowers the price target from $4 to $2.
Gainers Neo-Concept International (NASDAQ:NCI) stock rose 14.9% to $1.13 during Wednesday's pre-market session. The company's market cap stands at $22.9 million. Cricut (NASDAQ:CRCT) stock moved upwards by 14.28% to $6.32. The market value of their outstanding shares is at $1.3 billion. As per the news, the Q1 earnings report came out yesterday. Dutch Bros (NYSE:BROS) stock rose 7.84% to $30.65. The company's market cap stands at $2.8 billion. As per the press release, Q1 earnings came out yesterday. Genius Sports (NYSE:GENI) stock moved upwards by 7.74% to $5.84. The company's market cap stands at $1.2 billion. As per the news, the Q1 earnings report came out today. American Public Edu
2024 OutlookFor the full year 2024, we are targeting gross profit to remain within the range we had previously forecasted but adjusting the net sales and gross margin ranges as follows:The Company expects net sales in a range of $600 million to $625 million to reflect our focus on gross margin improvement. Our previous net sales guidance had been in a range of $662 million to $688 million.The Company expects gross margin in a range of 33%, plus or minus 100 basis points, which will partially offset the lower expected net sales. Our previous guidance was 31%, plus or minus 100 basis points.
CarParts.com (NASDAQ:PRTS) reported quarterly losses of $(0.11) per share which missed the analyst consensus estimate of $(0.10) by 10 percent. This is a 650 percent decrease over earnings of $0.02 per share from the same period last year. The company reported quarterly sales of $166.289 million which missed the analyst consensus estimate of $166.637 million by 0.21 percent. This is a 5.24 percent decrease over sales of $175.492 million the same period last year.
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New Collaboration Adds Over 300 Tire Brands, Broadening Customer Options TORRANCE, Calif., Nov. 20, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ:PRTS) ("CarParts.com"), a leading eCommerce provider of automotive parts and accessories, is excited to announce its expansion into the tire market through a new partnership with SimpleTire. This launch introduces a robust selection of tire brands to CarParts.com, further enhancing its one-stop-shop experience for vehicle owners across North America. SimpleTire, one of the largest tire distributors in the country, offers a large ca
TORRANCE, Calif., Oct. 29, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ:PRTS), a leading eCommerce provider of automotive parts and accessories, and a premier destination for vehicle repair and maintenance needs, is reporting results for the third quarter ended September 28, 2024. Third Quarter 2024 Summary vs. Year-Ago Quarter Net sales decreased to $144.8 million, down 13% from the year-ago quarter.Gross profit of $51.0 million vs. $54.8 million.Gross margin of 35.2%, up from 32.9% from the year-ago quarter.Net loss was ($10.0) million, or ($0.17) per share, compared to
GREENWICH, Conn., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 48th Annual Automotive Symposium on November 4th and 5th, 2024 at the Encore at Wynn in Las Vegas, Nevada. This two-day symposium will feature presentations by senior managements of leading automotive and trucking companies, with a lineup that enables investors to understand ever-changing dynamics within the automotive industry. Presenting attendees, which include original equipment suppliers, automotive retailers, aftermarket service participants and next-gen tech companies driving vehicle electrification will provide a "cradle to grave" look at the automotive ecosystem and help investors understand "What's N
GREENWICH, Conn., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 48th Annual Automotive Symposium on November 4th and 5th, 2024 at the Encore at Wynn in Las Vegas, Nevada. This two-day symposium will feature presentations by senior managements of leading automotive and trucking companies, with a lineup that enables investors to understand ever-changing dynamics within the automotive industry. Presenting attendees, which include original equipment suppliers, automotive retailers, aftermarket service participants and next-gen tech companies driving vehicle electrification will provide a "cradle to grave" look at the automotive ecosystem and help investors understand "What's N
TORRANCE, Calif., Oct. 8, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ:PRTS) will hold a conference call on Tuesday, October 29, 2024 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its financial results for the third quarter ended September 28, 2024. The results will be reported in a press release prior to the call. CarParts.com, Inc. CEO David Meniane, CFO Ryan Lockwood, and COO Michael Huffaker will host the conference call live via an audio webcast, followed by a question and answer period. To access the conference call as a participant, please pre-registe
GREENWICH, Conn., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 48th Annual Automotive Symposium on November 4th and 5th, 2024 at the Encore at Wynn in Las Vegas, Nevada. This two-day symposium will feature presentations by senior managements of leading automotive and trucking companies, with a lineup that enables investors to understand ever-changing dynamics within the automotive industry. Presenting attendees, which include original equipment suppliers, automotive retailers, aftermarket service participants and next-gen tech companies driving vehicle electrification will provide a "cradle to grave" look at the automotive ecosystem and help investors understand "What's N
TORRANCE, Calif., July 30, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ:PRTS), a leading eCommerce provider of automotive parts and accessories, and a premier destination for vehicle repair and maintenance needs, is reporting results for the second quarter ended June 29, 2024. Second Quarter 2024 Summary vs. Year-Ago Quarter Net sales decreased to $144.3 million, down 18% from the year-ago quarter.Gross profit of $48.4 million vs. $60.4 million, with gross margin of 33.5%.Net loss was ($8.7) million, or ($0.15) per share, compared to a net loss of ($0.7) million, or ($0.01
State-of-the-Art Facility Enhances Operational Efficiency and Customer Experience TORRANCE, Calif., July 24, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ:PRTS) ("CarParts.com"), a leading online provider of automotive parts and accessories, proudly announces the opening of its new state-of-the-art fulfillment center in Las Vegas, Nevada. This strategic move to a larger location has doubled the company's footprint in the Las Vegas metro area, marking a significant milestone in CarParts.com's commitment to improving customer service and operational efficiency. The new facility replaces the previous Las Vegas Distribution Center, which had been in operation since 2019.
TORRANCE, Calif., July 18, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ:PRTS), a technology-driven eCommerce company offering over 1 million high-quality automotive parts and accessories, today announced the appointment of strategic marketing leader Christina Thelin as Chief Marketing Officer (CMO). She will serve as a member of CarParts.com's leadership team, reporting directly to CEO David Meniane. Thelin will oversee product and brand marketing, performance marketing, loyalty marketing, creative, and consumer insights. "As we continue to focus on growth, it is imperative
TORRANCE, Calif., July 9, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ:PRTS) will hold a conference call on Tuesday, July 30, 2024 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss its financial results for the second quarter ended June 29, 2024. The results will be reported in a press release prior to the call. CarParts.com, Inc. CEO David Meniane, CFO Ryan Lockwood, and COO Michael Huffaker will host the conference call live via an audio webcast, followed by a question and answer period. To access the conference call as a participant, please pre-register using