secwatch.observer — SEC 8-K summary
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Issuer:     CarParts.com, Inc. (PRTS)
CIK:        0001378950
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001378950-26-000052
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CarParts.com Q1 net loss narrows to $1.9M; first positive adjusted EBITDA in 5 quarters
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- Net sales fell 10% to $132.0M; gross margin up 40 bps to 32.5%.
- Net loss of ($1.9M) or ($0.03) per share vs. ($15.3M) loss a year ago.
- Adjusted EBITDA turned positive at $0.6M, a $6.8M improvement YoY.
- Cash $37.9M, no revolver debt; convertible notes $25.3M; closed $8M strategic investment.
- A-Premium run rate approaching $45M; JC Whitney SKUs live on Amazon; AI systems Spark and Zaap launched.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1378950/000137895026000052/0001378950-26-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1378950/000137895026000052/prts-20260507x8k.htm
  HTML page:      https://secwatch.observer/filing/0001378950-26-000052

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