{"schema_version":"secwatch.filing_event.v1","accession":"0001378950-24-000058","form_type":"8-K","ticker":"PRTS","cik":"0001378950","company_name":"CarParts.com, Inc.","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.164449+00:00","generated_at":"2026-06-02T17:10:53.029501+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"CarParts.com Q1 net sales $166.3M (-5% YoY), net loss $6.5M; cuts FY net sales guidance to $600-625M","bullets":["Net sales $166.3M, down 5% YoY; net loss $6.5M ($0.11 per share) vs net income $1.1M a year ago.","Gross profit $53.9M (32.4% margin, down 320 bps) from higher outbound transportation and price compression.","Adjusted EBITDA $1.1M, down from $9.4M in prior year quarter.","FY2024 net sales guidance lowered to $600-625M (from $662-688M); gross margin raised to ~33%.","Cash $46.0M, no revolver debt as of March 30, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001378950-24-000058","json":"https://secwatch.observer/filing/0001378950-24-000058.json","markdown":"https://secwatch.observer/filing/0001378950-24-000058.md","text":"https://secwatch.observer/filing/0001378950-24-000058.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1378950/000137895024000058/0001378950-24-000058-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1378950/000137895024000058/prts-20240507x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T17:10:53.029501+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":"b4d417365d73215292f2e212fd659ec4bf47742e","claim":"CarParts.com, Inc. reported the first quarter ended March 30, 2024 results: revenue Net sales decreased to $166.3 million, net income Net loss was ($6.5) million, EPS ($0.11) per share. Guidance lowered.","evidence_excerpt":"vehicle repair and maintenance needs, is reporting results for the first quarter ended March 30, 2024. First Quarter 2024 Summary vs. Year-Ago Quarter ● Net sales decreased to $166.3 million, down 5% from the year-ago quarter. ● Gross profit of $53.9 million vs. $62.6 million, with gross margin of 32.4%. ● Net loss was ($6.5) million, or ($0.11) per share, compared","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1378950/000137895024000058/0001378950-24-000058-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 30, 2024"},{"label":"Revenue","value":"Net sales decreased to $166.3 million"},{"label":"Net income","value":"Net loss was ($6.5) million"},{"label":"EPS","value":"($0.11) per share"},{"label":"Guidance","value":"lowered"},{"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"}