Overview

* CarParts.com ( PRTS ) Q3 net sales fell 12% to $127.8 mln, missing analyst expectations

* The eCommerce provider ofautomotiveparts and accessories posted Net loss for Q3 of $10.9 mln, vs $10.0 mln loss last year

* Company closed a $35.7 mln strategic investment to enhance logistics and product range

Outlook

* CarParts.com ( PRTS ) expects to be free cash flow positive in 2026

* Partnership with A-Premium and ZongTeng to enhance logistics and product range

Result Drivers

* MARKETING SPEND - Co attributes 12% decline in net sales to efforts to rationalize marketing spend

* PRODUCT MIX AND TARIFFS - Gross profit decline attributed to product mix and tariffs, partially offset by pricing increases

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Sales Miss $127.77 $142.03

mln mln (2

Analysts

)

Q3 EPS -$0.19

Q3 Net -$10.89

Income mln

Q3 -$2.17

Adjusted mln

EBITDA

Q3 Gross $42.27

Profit mln

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the auto vehicles, parts & service retailers peer group is "buy"

* Wall Street's median 12-month price target for Carparts.Com Inc ( PRTS ) is $1.10, about 43.7% above its November 7 closing price of $0.62

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)