CarParts.com Reports Record First Quarter 2021 Results

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Go back to CarParts.com Reports Record First Quarter 2021 Results

CarParts.com (PRTS) Misses Q1 EPS by 2c, Revenues Beat

May 10, 2021 4:05 PM EDT

CarParts.com (NASDAQ: PRTS) reported Q1 EPS of ($0.06), $0.02 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $144.8 million versus the consensus estimate of $117.5 million.

First Quarter 2021Summary vs.Year-Ago Quarter

Net sales increased 65% year over year to $144.8 million.Gross profit increased 65% to $49.2 million, with gross margin up 10 basis points to 34.0%.Net loss was ($2.7) million or ($0.06) per share, compared to a net loss of ($1.0) million or ($0.03) per share.Adjusted EBITDA decreased to $3.6 million vs. $4.3 million... More