CarParts.com Q3 revenue up 16% to $164.8M; adjusted EBITDA $6.3M vs $2.3M

CarParts.com, Inc.

2022-Q3 EPS reported $0.09 revenue$507,080,000

Net sales $164.8M, up 16% YoY; 11th consecutive quarter of double-digit growth.
Gross profit $56.1M (+19% YoY); gross margin 34.1% (+70 bps).
Net loss narrowed to ($0.9M) or ($0.02) diluted share from ($4.7M) loss.
Adjusted EBITDA $6.3M vs $2.3M in prior-year quarter.
Completed ERP migration from legacy system to Microsoft Dynamics 365.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CarParts.com, Inc. reported third quarter ended October 1, 2022 results: revenue $164.8 million, net income ($0.9) million, EPS ($0.02) per diluted share.

Period: third quarter ended October 1, 2022
Revenue: $164.8 million
Net income: ($0.9) million
EPS: ($0.02) per diluted share
Result: reported results

Exact text from the filing

maintenance needs, is reporting results for the third quarter ended October 1, 2022. Third Quarter 2022 Summary vs. Year-Ago Quarter ● Net sales increased 16% year over year to $164.8 million and increased 37% on a two-year stack. ● Gross profit increased 19% to $56.1 million, with gross margin increasing 70 basis points to 34.1%. ● Net loss w as ($0.9) million or

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Source: SEC EDGAR

accession 0001378950-22-000044

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