secwatch.observer — SEC 8-K summary
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Issuer:     CarParts.com, Inc. (PRTS)
CIK:        0001378950
Form:       8-K
Filed at:   2025-05-13T23:59:59+00:00
Accession:  0001378950-25-000062
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CarParts.com Q1 net sales $147.4M (-11% YoY); net loss widens to $15.3M; no 2025 guidance given
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- Net sales $147.4M, down 11% YoY; gross margin 32.1%, down 30 bps.
- Net loss $15.3M ($0.27/share) vs loss $6.5M ($0.11/share) a year ago.
- Adjusted EBITDA loss $6.2M vs positive $1.1M; higher marketing costs cited.
- Cash $38.5M, no revolver debt; Q2 first 6 weeks revenues up double digits YoY.
- Company evaluating strategic alternatives in response to inbound interest; no 2025 guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1378950/000137895025000062/0001378950-25-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1378950/000137895025000062/prts-20250513x8k.htm
  HTML page:      https://secwatch.observer/filing/0001378950-25-000062

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