In This Article:
CarParts.com (NASDAQ:PRTS) Full Year 2024 Results
Key Financial Results
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Revenue: US$588.8m (down 13% from FY 2023).
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Net loss: US$40.6m (loss widened by 394% from FY 2023).
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US$0.71 loss per share (further deteriorated from US$0.14 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
CarParts.com EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%.
Looking ahead, revenue is forecast to grow 2.6% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Specialty Retail industry in the US.
Performance of the American Specialty Retail industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 3 warning signs for CarParts.com that you need to be mindful of.
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