U.S. Auto Parts Reports Record Sales for First Quarter 2020

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U.S. Auto Parts Network (PRTS) Misses Q1 EPS, Sales Beat; Q2 Net Sales Up 40% So Far

May 6, 2020 5:55 PM EDT

U.S. Auto Parts Network (NASDAQ: PRTS) reported Q1 EPS of ($0.03), $0.03 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $87.8 million versus the consensus estimate of $82.95 million.

GUIDANCE:

Net sales through the first five weeks of Q2 were up more than 40%.

"The momentum from last year has carried into 2020, as reflected by our record sales in the... More