secwatch.observer — SEC 8-K summary
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Issuer:     CarParts.com, Inc. (PRTS)
CIK:        0001378950
Form:       8-K
Filed at:   2022-03-01T23:59:59+00:00
Accession:  0001378950-22-000012
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CarParts.com Q4 net sales $138.3M (+23% adjusted), net loss $5.0M; FY sales $582.4M (+34%)
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- Q4 net sales $138.3M, up 15% reported (23% excl. extra week); gross margin 34.3%.
- Q4 net loss $5.0M ($0.10 per share) vs $3.5M loss prior year; adjusted EBITDA $2.6M vs $1.0M.
- FY net sales $582.4M, up 31% reported (34% adjusted); net loss $10.3M ($0.20 per share).
- Ended quarter with $18.1M cash, zero debt; inventory record $138.9M.
- Reiterates long-term targets: 20-25% compounded revenue growth, 8-10% EBITDA margin.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1378950/000137895022000012/0001378950-22-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1378950/000137895022000012/prts-20220301x8k.htm
  HTML page:      https://secwatch.observer/filing/0001378950-22-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer