{"schema_version":"secwatch.filing_event.v1","accession":"0001378950-23-000028","form_type":"8-K","ticker":"PRTS","cik":"0001378950","company_name":"CarParts.com, Inc.","filed_at":"2023-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.645119+00:00","generated_at":"2026-06-16T03:07:13.706091+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"CarParts.com Q1 net sales up 6% to $175.5M; net income falls to $1.1M","bullets":["Net sales $175.5M (+6% YoY); gross profit $62.6M (+2%); gross margin 35.6% (down 120 bps on freight).","Net income $1.1M ($0.02 EPS) vs $2.1M ($0.04 EPS) in prior-year quarter; Adjusted EBITDA flat at $9.4M.","Cash balance $49.3M, no revolver debt or trade LCs, vs $18.8M cash at year-end 2022.","CEO cites 13th consecutive quarter of growth; plans to drive operating improvements and expand assortment."],"urls":{"canonical":"https://secwatch.observer/filing/0001378950-23-000028","json":"https://secwatch.observer/filing/0001378950-23-000028.json","markdown":"https://secwatch.observer/filing/0001378950-23-000028.md","text":"https://secwatch.observer/filing/0001378950-23-000028.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1378950/000137895023000028/0001378950-23-000028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1378950/000137895023000028/prts-20230502x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T03:07:13.706091+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c27dc323757ad52afd209b5b8d99bf556827967b","claim":"CarParts.com, Inc. reported first quarter ended April 1, 2023 results: revenue $175.5 million, net income $1.1 million, EPS $0.02 per diluted share.","evidence_excerpt":"and maintenance needs, is reporting results for the first quarter ended April 1, 2023. First Quarter 2023 Summary vs. Year-Ago Quarter ● Net sales increased 6% year over year to $175.5 million and increased 20% on a two-year stack. ● Gross profit increased 2% to $62.6 million, with gross margin of 35.6%. ● Net income w as $1.1 million or $0.02 per diluted share,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1378950/000137895023000028/0001378950-23-000028-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended April 1, 2023"},{"label":"Revenue","value":"$175.5 million"},{"label":"Net income","value":"$1.1 million"},{"label":"EPS","value":"$0.02 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}