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Stock impact report

CarParts.com Reports Highest Fiscal Year Sales in Company History [Yahoo! Finance]

CarParts.com, Inc. (PRTS) 
Last carparts.com, inc. earnings: 3/9 04:16 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.usautoparts.net
Company Research Source: Yahoo! Finance
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) million , or per share, compared to a net loss of ($1.0) million , or per share. Adjusted EBITDA of $19.7 million vs. $26.1 million Cash of $51.0 million and no revolver debt. Repurchased approximately 1.2 million shares for $4.3 million during the year. Fourth Quarter 2023 Summary vs. Year-Ago Quarter Net sales increased to $156.4 million , up 1% year-over-year and up 13% on a two-year stack. Gross profit remained flat at $51.6 million , with gross margin of 33.0%. Net loss was ($6.1) million , or per share, compared to a net loss of Show less Read more
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