U.S. Auto Parts Network (PRTS) Misses Q4 EPS by 2c
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U.S. Auto Parts Reports Fourth Quarter and Full Year 2016 Results
March 6, 2017 4:01 PM ESTCARSON, Calif., March 6, 2017 /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 fourth quarter and fiscal year ended December 31, 2016. All information and data below excludes AutoMD unless specifically noted.
Fourth Quarter 2016 Highlights vs. Year-Ago Quarter
Net sales up 5% to $71.1 million Gross profit up 7% to $21.4 million, with gross margin up 50 basis points to 30.1% Ended the quarter with no revolver debt compared to $11.8 million at January 2, 2016 Total online orders... More