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 |
|---|---|---|---|
| 3/6/2025 | $3.00 | Hold → Buy | Craig Hallum |
| 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 |
Craig Hallum upgraded CarParts.com from Hold to Buy and set a new price target of $3.00
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
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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
TORRANCE, Calif., March 25, 2025 /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 fourth quarter and fiscal year ended December 28, 2024. Fiscal Year 2024 Summary vs. Fiscal Year 2023 Net sales decreased 13% to $588.8 million.Gross profit of $196.7 million vs. $229.4 million, with gross margin of 33.4%.Net loss was ($40.6) million, or ($0.71) per share, compared to a net loss of ($8.2) million, or ($0.15) per share
TORRANCE, Calif., March 4, 2025 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ:PRTS) will hold a conference call on Tuesday, March 25, 2025 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 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, ple
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
A Powerful Glimpse Into What's Possible When Transportation Meets Community Support LOS ANGELES, April 3, 2025 /PRNewswire/ -- CarParts.com (NASDAQ:PRTS), a leading eCommerce destination for automotive parts and accessories, in collaboration with Safe Parking LA, has released a new short documentary that captures the heart of Fix-It Day 2025 – a one-day community event led by CarParts.com, with support from local businesses and Safe Parking LA, that provided essential auto repairs for individuals and families experiencing vehicular homelessness in Los Angeles. Amid a growing h
TORRANCE, Calif., March 25, 2025 /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 fourth quarter and fiscal year ended December 28, 2024. Fiscal Year 2024 Summary vs. Fiscal Year 2023 Net sales decreased 13% to $588.8 million.Gross profit of $196.7 million vs. $229.4 million, with gross margin of 33.4%.Net loss was ($40.6) million, or ($0.71) per share, compared to a net loss of ($8.2) million, or ($0.15) per share
A Community-Driven Effort to Secure Reliable Transportation for 38 Individuals and Families TORRANCE, Calif., March 12, 2025 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ:PRTS), a leading eCommerce destination for automotive parts and accessories, joined forces with Safe Parking LA to host Fix-It Day 2025, a large-scale community event dedicated to providing essential vehicle repairs for individuals and families experiencing hardship. Held at two locations—the Petersen Automotive Museum and Chris' Auto Service in Los Angeles—the event brought together industry leaders, volunteers, and local officials to ensure 38 vehicles received critical repairs, keeping parti
TORRANCE, Calif., March 5, 2025 /PRNewswire/ -- CarParts.com (NASDAQ:PRTS), a leading eCommerce destination for automotive parts and accessories, today announced that it is engaged in a process to explore strategic alternatives to maximize shareholder value, including a possible sale of the company, in response to inbound strategic inquiries the company has received. To support this process, CarParts.com's Board of Directors has engaged Craig-Hallum Capital Group LLC as its financial advisor and Wilson Sonsini Goodrich & Rosati, Professional Corporation as its legal counsel. D
TORRANCE, Calif., March 4, 2025 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ:PRTS) will hold a conference call on Tuesday, March 25, 2025 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 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, ple
CarParts.com, Safe Parking LA & Partners Unite to Provide Critical Auto Repairs For Individuals and Families Facing Hard Times TORRANCE, Calif., Feb. 26, 2025 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ:PRTS), a leading eCommerce destination for automotive parts and accessories, is launching Fix-It Day 2025, a community-driven initiative providing free car repairs to struggling individuals and families. In partnership with Safe Parking LA, Petersen Automotive Museum, and a coalition of businesses and volunteers, the event will take place on Sunday, March 2, from 8:00 AM to 5:00 PM in Los Angeles.
Reviving an Automotive Icon for a New Generation of Enthusiasts TORRANCE, Calif., Feb. 12, 2025 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ:PRTS), a leading eCommerce destination for automotive parts and accessories and the parent company of JC Whitney, is proud to announce a major expansion for the JC Whitney Magazine. Launched in 2024, the magazine will now be available for purchase in over 770 major retail stores across North America, including Kroger, Walmart, Barnes & Noble, and more. This March, the magazine will expand into Canada, hitting 1400 shelves, marking a pivotal step in JC Whitney's evolution and its global expansion.
TORRANCE, Calif., Jan. 16, 2025 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ:PRTS), a leading e-commerce provider of automotive parts and accessories, today announced that it has received notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with Nasdaq's minimum bid price requirement under Listing Rule 5550(a)(2). The Company received written notification from Nasdaq on January 16, 2025, stating that because the Company's shares had a closing bid price at or above $1.00 per share for 10 consecu
Extended Returns & Premium Perks Redefine the Online Auto Parts Shopping Experience TORRANCE, Calif., Jan. 14, 2025 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ:PRTS), a leading eCommerce destination for automotive parts and accessories, recently launched CarParts+, its flagship membership program designed to ease the process of online shopping for parts and vehicle maintenance. For just $79 a year, the membership offers peace of mind and effortless car care, combining roadside assistance, shipping cost savings, extended returns, and VIP service to create a truly exceptional automotive shopping experience.
Revolutionizing Customer Experience with Next-Level Coverage TORRANCE, Calif., Dec. 12, 2024 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ:PRTS), a leading eCommerce destination for automotive parts and accessories, is proud to announce its partnership with Extend, a leading modern provider of shipping protection and product protection. This collaboration introduces Extend Shipping and Product Protection for items sold on CarParts.com, empowering customers with unparalleled peace of mind and support for their purchases. The newly implemented Extend Shipping Protection ensures pac
10-K - CarParts.com, Inc. (0001378950) (Filer)
8-K - CarParts.com, Inc. (0001378950) (Filer)
8-K - CarParts.com, Inc. (0001378950) (Filer)
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8-K - CarParts.com, Inc. (0001378950) (Filer)
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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)
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