CarParts.com posts record FY2022 sales of $661.6M, net loss narrows to $1.0M

CarParts.com, Inc.

FY2022 net sales $661.6M (+14% YoY); gross margin 34.9% (+100 bps).
FY2022 adjusted EBITDA $26.1M (+56% YoY); net loss per share ($0.02) vs ($0.20).
Q4 net sales $154.5M (+12% YoY); adjusted EBITDA $2.1M vs $2.6M prior year.
Cash balance $18.8M, no revolver debt; first 8 weeks of 2023 high single-digit revenue growth.

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 0.95

CarParts.com, Inc. reported FY 2022 results: EPS ($0.02) per diluted share.

Period: FY 2022
EPS: ($0.02) per diluted share
Result: reported results

Exact text from the filing

Net sales increased 14% year over year to a record $661.6 million and increased 45% on a two-year stack.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

CarParts.com, Inc. reported FY 2022 results: EPS ($0.02) per diluted share.

Period: FY 2022
EPS: ($0.02) per diluted share
Result: reported results

Exact text from the filing

Net loss was ($1.0) million or ($0.02) per diluted share, compared to a net loss of ($10.3) million or ($0.20) per diluted share.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

CarParts.com, Inc. reported Q4 2022 results: revenue $154.5 million, net income ($6.2) million, EPS ($0.11) per diluted share.

Period: Q4 2022
Revenue: $154.5 million
Net income: ($6.2) million
EPS: ($0.11) per diluted share
Result: reported results

Exact text from the filing

Net sales increased 12% year over year to $154.5 million and increased 27% on a two-year stack.

View on SEC.gov

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CarParts.com, Inc. filing history →

Source: SEC EDGAR

accession 0001378950-23-000010

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