CarParts.com to Present at the 2021 RBC Capital Markets Global Consumer and Retail Conference

Rhea-AI Summary

CarParts.com (NASDAQ: PRTS) will participate in the 2021 RBC Capital Markets Global Consumer and Retail Conference on June 3, 2021. This virtual event will feature a fireside chat and one-on-one meetings with investors. Recently, CarParts.com reported record Q1 2021 sales of $144.8 million, marking a 65% increase year-over-year, alongside a gross profit of $49.2 million, also up 65%. The company aims for 20-25% compounded sales growth in the long term. More information is available on their investor website.

TORRANCE, Calif., May 27, 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 RBC Capital Markets Global Consumer and Retail Conference being held this year in a virtual format on Thursday, June 3, 2021. 

Management will participate in a fireside chat as well as host one-on-one meetings with investors who are registered to attend the conference.

A live webcast of the discussion will be available at the RBC Conference Website.

For more information about the conference or to schedule a virtual one-on-one meeting with management, please contact your RBC 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

What is the date of CarParts.com's participation in the RBC Conference?

CarParts.com will participate in the RBC Capital Markets Global Consumer and Retail Conference on June 3, 2021.

What are the recent sales figures reported by CarParts.com for Q1 2021?

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

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

CarParts.com aims for 20-25% compounded sales growth in the long term.

Where can I find the live webcast of CarParts.com's discussion at the RBC Conference?

The live webcast can be found on the RBC Conference Website.

Who can I contact for more information about the RBC Conference and CarParts.com?

For more information, you can contact your RBC representative or reach out to CarParts.com's investor relations at ir@carparts.com.