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Carparts Com Inc - PRTS STOCK NEWS

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.

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CarParts.com, Inc. (PRTS) schedules a conference call to discuss Q1 2024 financial results with CEO, CFO, and COO hosting. The call will be on May 7, 2024, at 2:00 p.m. PT.
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CarParts.com, Inc. adopts a Tax Benefits Preservation Plan to safeguard Tax Attributes. The Plan includes a dividend declaration and rights issuance to prevent ownership changes affecting tax benefits. The rights are not currently exercisable but may lead to significant dilution if triggered. The Plan aims to protect Tax Attributes and will be submitted for stockholder approval at the 2024 annual meeting.
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CarParts.com, Inc. (PRTS) reports record fiscal year sales of $676 million, with a 2% increase in net sales and a 16% increase over two years. Despite a net loss of ($8.2) million, the company maintains a strong cash position of $51.0 million and no revolver debt. The fourth quarter saw a 1% increase in net sales to $156.4 million, with a flat gross profit of $51.6 million. The company aims for comparable net sales in 2024 with a gross margin of 30% to 32%.
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CarParts.com, Inc. (PRTS) will be presenting at the 36th Annual Roth Conference in Dana Point, CA from March 17-19, 2024. The event will feature meetings, fireside chats, and panels with executive management from various sectors.
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CarParts.com, Inc. (PRTS) will discuss its financial results for Q4 and fiscal year 2023 in a conference call on March 7, 2024. CEO David Meniane, CFO Ryan Lockwood, and COO Michael Huffaker will host the call.
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CarParts.com, Inc. (PRTS) extends its $30 million stock repurchase plan to July 26, 2026, with approximately $25.2 million available for repurchase. The Company aims to create long-term value for stockholders through share repurchases and future strategic acquisitions.
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CarParts.com (PRTS) launches refreshed content marketing strategy to empower customers. The company aims to enhance the customer experience and save time and money by providing knowledge for DIY repairs.
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CarParts.com reports 3rd Quarter sales of $167 million, up 1% YoY. Gross profit decreased 2% to $54.8 million. Net loss was ($2.5) million. Adjusted EBITDA was $3.0 million. Cash balance of $66.7 million and no revolver debt. Completed successful launch of mobile app with over 70,000 downloads and $2 million in revenue.
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CarParts.com, Inc. to hold conference call on October 30, 2023 to discuss Q3 financial results.
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Carparts Com Inc

Nasdaq:PRTS

PRTS Rankings

PRTS Stock Data

46.95M
54.02M
7.14%
42.76%
1.25%
Auto Parts
Retail-auto & Home Supply Stores
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United States
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