CarParts.com Reports First Quarter 2024 Results [Yahoo! Finance]
CarParts.com, Inc. (PRTS)
Last carparts.com, inc. earnings: 3/9 04:16 pm
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Source: Yahoo! Finance
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 per share, compared to a net income of $1.1 million , or per share. Adjusted EBITDA of $1.1 million vs. $9.4 million Cash of $46.0 million and no revolver debt. Management Commentary "In the past year, we have marked significant milestones. The successful launch of our mobile app stands out as it now contributes over 8% of our total eCommerce revenue. Additionally, we've captured 38% of our eCommerce revenue from loyal repeat customers, while our website has attracted over 100 million visits, affirming our strong online presence. We also realigned our cost structure to be leaner and more agile," said D
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News
- CarParts.com, Inc. (NASDAQ:PRTS) Just Reported And Analysts Have Been Cutting Their Estimates [Yahoo! Finance]Yahoo! Finance
- CarParts.com, Inc. (NASDAQ: PRTS) had its "hold" rating re-affirmed by analysts at Craig Hallum. They now have a $2.00 price target on the stock, down previously from $4.00.MarketBeat
- CarParts.com, Inc. (NASDAQ:PRTS) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- CarParts.com (PRTS) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- CarParts.com Reports First Quarter 2024 ResultsPR Newswire
PRTS
Earnings
- 3/7/24 - Miss
PRTS
Sec Filings
- 5/14/24 - Form 4
- 5/14/24 - Form 4
- 5/8/24 - Form 10-Q
- PRTS's page on the SEC website