secwatch.observer — SEC 8-K summary
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Issuer:     CarParts.com, Inc. (PRTS)
CIK:        0001378950
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001378950-22-000044
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1378950/000137895022000044/0001378950-22-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1378950/000137895022000044/prts-20221109x8k.htm
  HTML page:      https://secwatch.observer/filing/0001378950-22-000044

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