U.S. Auto Parts Network (PRTS) Tops Q3 EPS by 2c, Offers Outlook

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Go back to U.S. Auto Parts Network (PRTS) Tops Q3 EPS by 2c, Offers Outlook

U.S. Auto Parts Reports Third Quarter 2015 Results

November 2, 2015 8:00 AM EST

CARSON, Calif., Nov. 2, 2015 /PRNewswire/ -- U.S. Auto Parts Network, Inc. (NASDAQ: PRTS), one of the largest online providers of aftermarket automotive parts and accessories, reported results for the third quarter ended October 3, 2015. All information and data below excludes AutoMD unless specifically noted.

Third Quarter 2015 Financial Highlights vs. Year-Ago Quarter

Net sales up 4% and comp sales (a non-GAAP measure defined below) up 5% to $70.6 million Gross profit up 14% to $21.0 million with gross margin up 270 basis points to 29.7% Adjusted EBITDA (a non-GAAP measure defined below) up 112% to $2.8... More