CarParts.com to Present at the 18th Annual Craig-Hallum Institutional Investor Conference

Rhea-AI Summary

CarParts.com (NASDAQ: PRTS) will participate in the 18th Annual Craig-Hallum Institutional Investor Conference virtually on June 2, 2021. Management invites registered investors for one-on-one meetings during the event. Recently, CarParts.com reported record Q1 2021 sales of $144.8 million, reflecting a 65% year-over-year increase, and a gross profit of $49.2 million, also up 65%. The company aims for a long-term sales growth of 20-25%. For details on investor meetings, contact Craig-Hallum or CarParts.com investor relations.

TORRANCE, Calif., May 25, 2021 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS), one of the leading e-commerce providers of automotive parts and accessories, is scheduled to attend the 18th Annual Craig-Hallum Institutional Investor Conference being held this year in a virtual format on Wednesday, June 2, 2021. 

Management will host one-on-one meetings with investors who are registered to attend the conference. For more information about the conference or to schedule a virtual one-on-one meeting with management, please contact your Craig-Hallum representative. Alternatively, please contact CarParts.com's investor relations at ir@carparts.com.

CarParts.com recently announced record Q1 2021 sales of $144.8 million, up 65% year over year, and record Q1 2021 gross profit of $49.2 million, up 65% year over year.  Additionally, CarParts.com reiterated its long-term goal of 20-25% compounded sales growth.  Further information including the most recent investor presentation is available at www.carparts.com/investor. 

About CarParts.com, Inc. 

For over 20 years, CarParts.com has been a leader in the e-commerce automotive aftermarket, providing replacement parts, hard parts, and performance parts and accessories. With over 50 million parts delivered, we've helped everyday drivers across the continental United States find the right parts to keep their vehicles on the road. 

With a focus on the end-to-end customer experience, we've designed our website and sourcing network to simplify the way drivers get the parts they need. Our vehicle selector and easy-to-navigate, mobile-friendly website offer customers guaranteed fitment and a convenient online shopping experience. And with our own wide distribution network, we bring the very best brands and manufacturers directly to consumer hands, cutting out all the brick-and-mortar supply chain costs to provide quality parts at a discount for our loyal customers. Combined with our 90-day return policy and satisfaction guarantee, CarParts.com makes it simple for customers to get parts delivered straight to their door.  

CarParts.com is headquartered in Torrance, California. 

Investor Relations:  
Ryan Lockwood, CFA 
ir@carparts.com   

View original content to download multimedia:http://www.prnewswire.com/news-releases/carpartscom-to-present-at-the-18th-annual-craig-hallum-institutional-investor-conference-301298621.html

SOURCE CarParts.com, Inc.

FAQ

When is CarParts.com attending the Craig-Hallum Institutional Investor Conference?

CarParts.com will attend the Craig-Hallum Institutional Investor Conference on June 2, 2021.

What are the recent sales figures reported by CarParts.com?

CarParts.com reported Q1 2021 sales of $144.8 million, up 65% year-over-year.

What is CarParts.com's gross profit for Q1 2021?

The gross profit for CarParts.com in Q1 2021 was $49.2 million, which is a 65% increase compared to the previous year.

What is CarParts.com's long-term sales growth goal?

CarParts.com aims for a long-term compounded sales growth of 20-25%.

How can investors schedule a meeting with CarParts.com management?

Investors can schedule one-on-one meetings with CarParts.com management by contacting their Craig-Hallum representative or CarParts.com's investor relations.