CarParts.com Reports Record Sales and Gross Profit for Second Quarter 2020

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/22/2026

1. META
2. TSLA
3. IBM
4. TXN
5. MRNA
6. SAP
7. CSX
8. LRCX
9. MRK
10. LVS

Go back to CarParts.com Reports Record Sales and Gross Profit for Second Quarter 2020

U.S. Auto Parts Network (PRTS) Tops Q2 EPS by 3c, Revenues Beat

August 10, 2020 4:06 PM EDT

U.S. Auto Parts Network (NASDAQ: PRTS) reported Q2 EPS of $0.03, $0.03 better than the analyst estimate of $0.00. Revenue for the quarter came in at $118.9 million versus the consensus estimate of $84.63 million.

Q2 2020 Highlights vs. Year-Ago Period

Q2 net sales increased 61% to a company record $118.9 million vs. $73.7 million.Q2 gross profit increased 88% to a company record $40.8 million vs. $21.8 million.Q2 gross margin increased 480 basis points to 34.3% vs. 29.5%.Q2 net income improved significantly to $1.6 million or $0.03 per diluted share, compared to a net loss of $(1.5) million or $(0.04) per basic and... More