---
schema_version: "secwatch.filing_event.v1"
accession: "0001378950-24-000099"
form_type: "8-K"
ticker: "PRTS"
cik: "0001378950"
company_name: "CarParts.com, Inc."
filed_at: "2024-07-30T23:59:59+00:00"
generated_at: "2026-05-31T15:08:58.613677+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CarParts.com Q2 net sales down 18% to $144.3M; net loss widens to $8.7M

## Summary
- Net loss of $8.7M ($0.15 loss per share) vs. $0.7M loss a year ago; Adjusted EBITDA of ($0.1M) vs. $6.3M.
- Gross margin 33.5% (down 70 bps YoY but up 110 bps sequentially); product margins at 54.0%.
- Cash balance $34.1M, no revolver debt; FY2024 net sales guidance trimmed to low end of $600-625M.
- Company targeting sustainable positive Adjusted EBITDA next year and 6-8% margin medium-term.
- Mobile app downloads more than doubled to 450,000 cumulative; consumer demand softness cited.

## SEC filing metadata
- accession: 0001378950-24-000099
- form_type: 8-K
- ticker: PRTS
- cik: 0001378950
- company_name: CarParts.com, Inc.
- filed_at: 2024-07-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1378950/000137895024000099/0001378950-24-000099-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1378950/000137895024000099/prts-20240730x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001378950-24-000099
- JSON: https://secwatch.observer/filing/0001378950-24-000099.json
- Plain text: https://secwatch.observer/filing/0001378950-24-000099.txt

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