secwatch.observer — SEC 8-K summary
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Issuer:     CarParts.com, Inc. (PRTS)
CIK:        0001378950
Form:       8-K
Filed at:   2025-03-25T23:59:59+00:00
Accession:  0001378950-25-000034
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CarParts.com FY2024 revenue down 13%, net loss widens to $40.6M; no 2025 guidance due to strategic alternatives
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- Net sales $588.8M, down 13% YoY; net loss ($40.6M) or ($0.71) per share vs ($0.15) loss per share prior year.
- Adjusted EBITDA ($7.1M) vs $19.7M; gross margin 33.4% vs 33.9%.
- Cash $36.4M, no revolver debt; prior year cash $51M.
- Q4 net sales $133.5M, down 15%; net loss ($15.4M) vs ($6.1M) prior year quarter.
- No 2025 guidance provided; company evaluating strategic alternatives in response to inbound interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1378950/000137895025000034/0001378950-25-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1378950/000137895025000034/prts-20250325x8k.htm
  HTML page:      https://secwatch.observer/filing/0001378950-25-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer