secwatch.observer — SEC 8-K summary
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Issuer:     CarParts.com, Inc. (PRTS)
CIK:        0001378950
Form:       8-K
Filed at:   2023-03-07T23:59:59+00:00
Accession:  0001378950-23-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1378950/000137895023000010/0001378950-23-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1378950/000137895023000010/prts-20230307x8k.htm
  HTML page:      https://secwatch.observer/filing/0001378950-23-000010

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