CarParts.com faced a challenging Q1 2025 with net sales declining to $147.4 million and a net loss widening to $15.3 million. The company cited higher marketing spend and increased outbound freight costs as primary contributors to the lower profitability.
CarParts.com posted Q4 2024 revenue of $133.5 million, down 15% year-over-year. Gross margin decreased to 32.5%, and the company reported a net loss of $15.4 million. Operating expenses remained elevated as the company invested in marketing and digital infrastructure while navigating challenging market conditions.
CarParts.com reported a decrease in net sales to $144.8 million, a net loss of $10.0 million, and an adjusted EBITDA of ($1.2) million. However, the gross margin increased to 35.2%.
CarParts.com reported a decrease in net sales to $144.3 million, an 18% drop from the year-ago quarter. The company faced a net loss of $8.7 million, or $0.15 per share, compared to a net loss of $0.7 million, or $0.01 per share in the previous year. Gross profit decreased to $48.4 million, with a gross margin of 33.5%. Adjusted EBITDA was ($0.1) million, a decline from $6.3 million in the year-ago quarter.
CarParts.com reported a 5% decrease in net sales to $166.3 million and a net loss of $6.5 million, or $0.11 per share, compared to a net income of $1.1 million, or $0.02 per share, in the year-ago quarter. The company is focusing on margin expansion and efficiency to improve profitability and Adjusted EBITDA for 2025 and 2026.
CarParts.com reported Q4 2023 results, with net sales increasing by 1% to $156.4 million. Gross profit remained flat at $51.6 million, while the net loss improved slightly to ($6.1) million. The company experienced strong unit growth of approximately 8% during the quarter.
CarParts.com reported a 1% increase in net sales, reaching $166.9 million, marking the 15th consecutive quarter of year-over-year growth. Despite the revenue increase, the company experienced a net loss of $2.5 million, compared to a net loss of $0.9 million in the same quarter last year. The company launched a mobile app which generated over 70,000 downloads and $2 million in revenue.
CarParts.com reported its highest quarterly sales in company history with $177 million in net sales, a slight increase year-over-year. However, the company experienced a net loss of $0.7 million compared to a net income of $4.1 million in the year-ago quarter. The company's cash position remains strong at $79.2 million with no revolver debt.
CarParts.com reported a 6% increase in net sales, reaching $175.5 million, and a 2% increase in gross profit to $62.6 million. Net income was $1.1 million, with earnings per diluted share at $0.02. The company's cash balance stood at $49.3 million with no revolver debt.
CarParts.com reported a record fourth quarter with net sales increasing by 12% year-over-year to $154.5 million. However, the company experienced a net loss of $6.2 million, compared to a net loss of $5.0 million in the year-ago quarter.
CarParts.com reported a record third quarter with net sales increasing by 16% year-over-year to $164.8 million and gross profit increasing by 19% to $56.1 million. The company's net loss was ($0.9) million, and adjusted EBITDA was $6.3 million.
CarParts.com reported a record second quarter with net sales increasing by 12% year over year to $176.2 million. Gross profit increased 16% to $61.9 million, and net income was $4.1 million, or $0.07 per diluted share. The company also entered into an amended and restated $75 million credit facility.
CarParts.com reported a 21% increase in net sales to $141.8 million, a gross profit increase of 10% to $47.3 million, and a net loss of $4.7 million or $0.09 per diluted share. The company maintained EBITDA profitability and grew inventory to a record $131.8 million.
CarParts.com reported record second-quarter results with net sales increasing by 32% year-over-year to $157.5 million. Net income grew by 32% to $2.1 million, and adjusted EBITDA reached a record $8.3 million. The company also announced a $30 million stock repurchase plan.
CarParts.com announced record first-quarter results with a significant increase in net sales, driven by growth from its flagship website. Despite increased gross profit, the company reported a net loss due to higher operating expenses, including costs associated with the expansion of its distribution network and marketing investments.
CarParts.com reported a 90% increase in net sales to $119.7 million for Q4 2020. Gross profit increased by 97% to $41.6 million, with gross margin up 110 basis points to 34.8%. However, the company experienced a net loss of $3.5 million, primarily due to expenses associated with opening a new distribution center.
CarParts.com reported a strong Q3 2020 with net sales increasing by 69% to $117.4 million and gross profit more than doubling to $43.1 million. Net income significantly improved to $1.4 million, and the company successfully completed a public equity offering of $60.5 million.
CarParts.com reported a strong second quarter with record sales of $118.9 million, a 61% increase year-over-year, and a significant improvement in net income to $1.6 million, or $0.03 per diluted share.
U.S. Auto Parts reported record net sales for Q1 2020, driven by a substantial increase in private label sales. The company's gross profit and adjusted EBITDA also saw significant improvements compared to the year-ago quarter, despite a net loss.
U.S. Auto Parts reported a decline in net sales to $63.0 million due to the reduction of unprofitable business lines, but gross profit increased by 28% to $21.2 million. The company experienced a net loss of $(25.1) million, which included a $(21.5) million deferred tax valuation allowance. Adjusted EBITDA increased by 137% to $1.7 million.