CarParts.com Posts 5 Percent Sales Gain
CarParts.com (NASDAQ:PRTS), an online seller of automotive parts and accessories, released its second-quarter 2025 results on August 12, 2025. The headline news was a year-over-year increase in revenue (GAAP) to $151.9 million, a 5% gain, yet this figure fell short of the $153.5 million GAAP estimate from analysts. The company reported a net loss per share of ($0.23) (GAAP), missing GAAP estimates by $0.075 per share and widening from the prior year quarter. The quarter saw gross profit growth (GAAP) but continued challenges with profitability and cash flow, as the company’s strategic review remains ongoing. Overall, the period was marked by operational adjustments but also heightened costs and ongoing uncertainty about the future trajectory of the business.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
CarParts.com is an internet-based retailer specializing in selling replacement parts, performance accessories, and repair solutions for vehicles. Its digital platform, combined with a proprietary product database, helps customers find the right parts among more than 1 million items, including both private label and recognized branded products.
Source Fool.com