CarParts.com to Present at the 2021 Citi Consumer Access Conference

Rhea-AI Summary

CarParts.com (NASDAQ: PRTS) is set to attend the 2021 Citi Consumer Access Conference virtually on June 4, 2021. Management will conduct one-on-one meetings with registered investors. Recently, CarParts.com reported record Q1 2021 sales of $144.8 million, a 65% increase year-over-year, and gross profit of $49.2 million, also up 65%. The company aims for 20-25% compounded sales growth.

For more details or to schedule a meeting, contact CarParts.com's investor relations at ir@carparts.com.

TORRANCE, Calif., May 26, 2021 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS), one of the leading e-commerce providers of automotive parts and accessories, is scheduled to attend the 2021 Citi Consumer Access Conference being held this year in a virtual format on Friday, June 4, 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 Citi 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 offers 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

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SOURCE CarParts.com, Inc.

FAQ

When is CarParts.com attending the Citi Consumer Access Conference?

CarParts.com will attend the Citi Consumer Access Conference virtually on June 4, 2021.

What were CarParts.com's Q1 2021 sales figures?

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

Who can schedule a meeting with CarParts.com's management during the conference?

Investors registered for the Citi Consumer Access Conference can schedule one-on-one meetings with CarParts.com's management.

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

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