Welcome to our dedicated page for Carparts Com news (Ticker: PRTS), a resource for investors and traders seeking the latest updates and insights on Carparts Com stock.
CarParts.com Inc (PRTS) operates a leading eCommerce platform for automotive aftermarket parts, serving both consumers and businesses across North America. This news hub provides investors and industry professionals with timely updates on corporate developments, financial performance, and strategic initiatives shaping the automotive parts sector.
Discover official press releases covering earnings announcements, product innovations, supply chain expansions, and partnership agreements. Our curated collection ensures access to verified information about operational milestones, technology implementations, and market positioning efforts.
Key updates include financial disclosures, leadership changes, inventory system upgrades, and eCommerce platform enhancements. Bookmark this page for direct access to PRTS's evolving story in the competitive automotive aftermarket space, supported by factual reporting and neutral analysis.
CarParts.com (NASDAQ: PRTS) reported third quarter 2025 results for the period ended September 27, 2025. Net sales fell 12% to $127.8M, gross profit declined to $42.3M with a 33.1% gross margin (down 210 bps), and the company reported a net loss of $10.9M (loss of $0.19 per share). Adjusted EBITDA was a loss of $2.2M. Cash totaled $36.0M and inventory was $94.3M. In early September the company closed a $35.7M strategic investment from A-Premium, ZongTeng Group, and CDH Investments, adding >100,000 SKUs and logistics access to 50+ U.S. facilities. Management expects to be free cash flow positive in 2026.
CarParts.com (NASDAQ: PRTS) rescheduled its third quarter 2025 conference call to Monday, November 10, 2025 at 2:00 p.m. PT (5:00 p.m. ET). A press release with results will be issued prior to the call. CEO David Meniane and CFO Ryan Lockwood will host the live audio webcast. Investors can access the webcast at www.carparts.com/investor/news-events, and a replay will be archived at www.carparts.com/investor. The change is a scheduling update and does not include additional financial details in this notice.
CarParts.com (NASDAQ: PRTS) will hold its third quarter 2025 conference call on Tuesday, November 11, 2025 at 2:00 p.m. PT / 5:00 p.m. ET to discuss results for the quarter ended September 27, 2025.
CEO David Meniane and CFO Ryan Lockwood will host a live audio webcast. Results will be released in a press release prior to the call. The live webcast and a replay will be available at www.carparts.com/investor/news-events and archived at www.carparts.com/investor.
CarParts.com (NASDAQ: PRTS) announced it will attend the LD Micro Main Event XIX at the Hotel del Coronado in San Diego, California.
The company said it will participate in investor outreach and present its strategy for innovation and operational execution. Event dates are October 19–21, 2025. A virtual presentation will be available and interested parties are invited to register to watch.
The appearance is positioned as an opportunity to connect with the investment community and share updates on business progress.
CarParts.com (NASDAQ: PRTS) announced board transitions following a recently completed strategic investment from ZongTeng Group, A-Premium and CDH Investments on October 8, 2025. Effective October 7, 2025, Henry Maier and James Barnes stepped down from the board. The strategic investors designated Thomas Yunlong Man and Na "Mina" He as board observers; Mr. Man brings 17 years of cross-border M&A and transaction experience and academic credentials, and Ms. He leads industrial investment and post-investment management at Fujian Zongteng Network and holds economics and accounting degrees. Following the changes, the board will consist of six directors.
CarParts.com (NASDAQ: PRTS) has secured a strategic $35.7 million investment from ZongTeng Group, A-Premium, and CDH Investments, concluding its strategic alternatives review process announced in March 2025. The transaction includes the issuance of 10.3 million new common shares at $1.04 per share (18% premium to 90-day VWAP) and $25 million in convertible notes with a 2% annual interest rate.
The partnership provides CarParts.com access to over 150,000 additional products through A-Premium and leverages ZongTeng Group's logistics expertise to enhance delivery capabilities. Currently serving 2.5 million unique customers annually with 2-day delivery to 95% of the U.S., this strategic investment aims to strengthen CarParts.com's position in the $300 billion U.S. auto parts industry.
CarParts.com (NASDAQ: PRTS) reported mixed Q2 2025 results with net sales increasing 5% to $151.9 million, while posting a wider net loss of ($12.7) million compared to ($8.7) million in the year-ago quarter. The company's gross profit reached $49.8 million with a gross margin of 32.8%, down 70 basis points year-over-year.
The company is actively exploring strategic alternatives, including a potential sale, and reports being in the final stages of this process. Management highlighted positive Adjusted EBITDA achievement in June and implementation of cost-saving initiatives expected to generate $10 million in annualized savings. The company's financial position shows $19.8 million in cash and has drawn $10.0 million from its revolver loan.
Due to the ongoing strategic alternatives evaluation, CarParts.com is not providing guidance for 2025.CarParts.com (NASDAQ: PRTS) has scheduled its second quarter 2025 earnings conference call for Tuesday, August 12, 2025 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). The company will release its financial results for the quarter ended June 28, 2025, before the conference call.
CEO David Meniane and CFO Ryan Lockwood will host the event, which will be accessible via live audio webcast on the company's investor relations website. A replay will be available afterward at www.carparts.com/investor.
CarParts.com (NASDAQ: PRTS) has scheduled its first quarter 2025 earnings conference call for Tuesday, May 13, 2025, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). The company will release its financial results for Q1 2025, which ended March 29, 2025, prior to the call.
CEO David Meniane and CFO Ryan Lockwood will host the conference call and audio webcast, which will include a Q&A session. Participants must pre-register to receive dial-in details. The webcast will be accessible through the company's investor relations website and will be archived for future reference.