---
schema_version: "secwatch.filing_event.v1"
accession: "0001378950-24-000032"
form_type: "8-K"
ticker: "PRTS"
cik: "0001378950"
company_name: "CarParts.com, Inc."
filed_at: "2024-03-07T23:59:59+00:00"
generated_at: "2026-06-05T01:19:43.040531+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CarParts.com reports record FY sales of $675.7M but net loss widens to $8.2M; cuts 150 roles

## Summary
- FY 2023 net sales $675.7M (+2% YoY); net loss ($8.2M) vs ($1.0M); EBITDA $19.7M (vs $26.1M).
- Q4 2023 net sales $156.4M (+1%); net loss ($6.1M) flat YoY; EBITDA $1.0M (vs $2.1M).
- Guidance: FY 2024 comparable net sales -2% to +2%; gross margin 30-32% (down from 33.9% in FY23).
- Eliminating 150 global roles to reduce cost structure amid tough macro environment.

## SEC filing metadata
- accession: 0001378950-24-000032
- form_type: 8-K
- ticker: PRTS
- cik: 0001378950
- company_name: CarParts.com, Inc.
- filed_at: 2024-03-07T23:59:59+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/1378950/000137895024000032/0001378950-24-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1378950/000137895024000032/prts-20240307x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001378950-24-000032
- JSON: https://secwatch.observer/filing/0001378950-24-000032.json
- Plain text: https://secwatch.observer/filing/0001378950-24-000032.txt

## Key facts
- Earnings Releases
  CarParts.com, Inc. updated its fourth quarter and fiscal year ended December 30, 2023 guidance (reaffirmed).
  - Period: fourth quarter and fiscal year ended December 30, 2023
  - Guidance: reaffirmed
  - Result: reported results
  source text: On March 7, 2024, CarParts.com, Inc. (the “ Company ” ) issued a press release announcing its financial results for the fourth quarter and fiscal year ended December 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1378950/000137895024000032/0001378950-24-000032-index.htm

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