NASDAQ$PRTS

CarPartscom Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

CarParts.com reported a 1% increase in net sales, with gross profit remaining flat and a net loss slightly improved compared to the year-ago quarter.

CarParts.com reported Q4 2023 results, with net sales increasing by 1% to $156.4 million. Gross profit remained flat at $51.6 million, while the net loss improved slightly to ($6.1) million. The company experienced strong unit growth of approximately 8% during the quarter.

  • Net sales increased to $156.4 million, up 1% year-over-year.
  • Gross profit remained flat at $51.6 million.
  • Net loss was ($6.1) million, compared to a net loss of ($6.2) million in the year-ago quarter.
  • Adjusted EBITDA was $1.0 million, compared to $2.1 million in the year-ago quarter.

Headline financials

Total Revenue

$156M

Previous: $155M+1.2%
EPS (adj)

-$0.11

Previous: -$0.11+0.0%
Gross Margin

33.0%

No prior period
Capital Expenditures

-$4.61M

Previous: $2.04M-325.9%
Net Income

-$6.1M

Previous: -$6.2M+1.6%
Operating Income

-$6.76M

Previous: -$5.45M-24.0%
Gross Profit

$47.5M

Previous: $51.6M-8.0%
Stock-Based Comp

$3.52M

Previous: $3.51M+0.2%

Revenue & EPS history

CarParts.com · Revenue · Quarterly

$156M

Q4 2023+1.2%vs Q4 2022
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Forward guidance

For the full year 2024, the company expects comparable net sales to range from negative two percent to positive two percent and gross margin in the range of 30% to 32%.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2023

Historical avgQ4 2023

+11.0%

Avg return

Earnings day

+16.1%

Avg return

5 days after

+13.7%

Avg return

30 days after

39%

25 / 64 earnings

Positive

+823.1%

Q1 2026

Best reaction

-27.6%

Q3 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+823.1%+702.2%+549.5%
Q4 2025-2.6%+0.0%+5.2%
Q3 2025-11.7%-14.3%-31.7%
Q1 2025-12.5%-6.6%-11.0%
Q4 2024-2.0%-2.0%-2.9%
Q3 2024+9.2%+9.2%+34.2%
Q2 2024-18.5%-23.4%-33.1%
Q1 2024-5.8%-13.3%-12.5%
Q4 2023-18.5%-25.2%-34.0%
Q3 2023-17.7%-9.0%-8.7%
Q2 2023-11.0%-10.6%-3.8%
Q1 2023-9.7%-3.4%-9.5%
Q4 2022-1.7%-9.0%-21.9%
Q3 2022+14.5%+19.8%+47.0%
Q2 2022+5.7%+3.7%-21.2%
Q1 2022+31.5%+19.9%+23.7%
Q4 2021+1.2%-5.0%-20.0%
Q3 2021-1.2%+3.2%-18.5%
Q2 2021+16.2%+10.6%+1.6%
Q1 2021+5.9%+1.3%+15.0%
Q4 2020-0.4%-4.0%-6.1%
Q3 2020-27.4%-19.6%+1.4%
Q2 2020+15.3%+18.7%-13.6%
Q1 2020+15.5%+34.5%+109.2%
Q4 2019+9.9%-4.9%-26.3%
Q3 2019+13.9%+9.6%+34.9%
Q2 2019+0.0%+10.9%+36.4%
Q1 2019-3.1%+0.0%+7.0%
Q4 2018-3.8%-1.9%-1.0%
Q3 2018-8.5%-12.7%-24.6%
Q2 2018-15.4%-9.6%+9.6%
Q1 2018-8.6%-18.4%-13.5%
Q4 2017+12.3%+6.2%+0.0%
Q3 2017+6.7%+2.5%-0.8%
Q2 2017-4.3%-1.4%+5.1%
Q1 2017+0.8%-20.3%-16.7%
Q4 2016-3.6%-7.5%-1.5%
Q3 2016-8.1%-8.8%-7.8%
Q2 2016+3.4%+4.4%-5.7%
Q1 2016-3.9%
Q4 2015+9.0%
Q3 2015+19.5%
Q2 2015-1.7%
Q1 2015+1.7%
Q4 2014-9.2%
Q3 2014-4.9%
Q2 2014-7.9%
Q1 2014+2.0%
Q4 2013+3.6%
Q3 2013+13.0%
Q2 2013-12.4%
Q1 2013-0.7%
Q4 2012-15.0%
Q3 2012-14.9%
Q2 2012-11.7%
Q1 2012+0.0%
Q4 2010+3.1%
Q4 2011+3.1%
Q3 2011-27.6%
Q1 2011-13.1%
Q2 2011-13.1%
Q3 2010-8.1%
Q2 2010+5.2%
Q1 2010+0.0%

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