---
schema_version: "secwatch.filing_event.v1"
accession: "0001378950-23-000063"
form_type: "8-K"
ticker: "PRTS"
cik: "0001378950"
company_name: "CarParts.com, Inc."
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T17:31:33.426943+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CarParts.com Q2 sales hit record $177M but net loss of $0.7M vs net income $4.1M YoY

## Summary
- Net sales $177.0M, highest quarterly level, up slightly YoY and 12% on two-year stack.
- Gross margin 34.2% down 90 bps; gross profit $60.4M vs $61.9M YoY.
- Net loss ($0.7M) compared to net income $4.1M in prior-year quarter.
- Adjusted EBITDA $6.3M vs $8.3M YoY; cash $79.2M, zero revolver debt.
- Repurchased 250,000 shares for $1.05M during quarter; launched mobile app.

## SEC filing metadata
- accession: 0001378950-23-000063
- form_type: 8-K
- ticker: PRTS
- cik: 0001378950
- company_name: CarParts.com, Inc.
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1378950/000137895023000063/0001378950-23-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1378950/000137895023000063/prts-20230801x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001378950-23-000063
- JSON: https://secwatch.observer/filing/0001378950-23-000063.json
- Plain text: https://secwatch.observer/filing/0001378950-23-000063.txt

## Key facts
- Earnings Releases
  CarParts.com, Inc. reported second quarter ended July 1, 2023 results: revenue $177.0 million, net income ($0.7) million.
  - Period: second quarter ended July 1, 2023
  - Revenue: $177.0 million
  - Net income: ($0.7) million
  - Result: reported results
  source text: general incorporation language contained in such filing. ​ --- EX-99.1 (EX-99.1) --- ​ ​ CarParts.com Reports Highest Quarterly Sales in Company History 2nd Quarter Sales of $177 million, up Slightly Year over Year 14th Consecutive Quarter of Year over Year Sales Growth ​ TORRANCE, Calif. – August 1 st , 2023 – CarParts.com, Inc. (NASDAQ: PRTS), one of the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1378950/000137895023000063/0001378950-23-000063-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.