U.S. Auto Parts Network (PRTS) Tops Q2 EPS by 2c

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U.S. Auto Parts Reports Second Quarter 2016 Results

August 8, 2016 4:02 PM EDT

CARSON, Calif., Aug. 8, 2016 /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 second quarter ended July 2, 2016. All information and data excludes AutoMD unless specifically noted.

Second Quarter 2016 Financial Highlights vs. Year-Ago Quarter

Net sales up 2% to $78.0 million Gross margin increased 320 basis points to 30.4% Net income increased to $1.2 million, or $0.03 per diluted share, compared to a net loss of $0.6 million, or $(0.02), per diluted share Adjusted... More