| 2020-11-09 08:07:37 PRTS CarParts.com
11/09/20 11/0908:07 11/09/2008:07 | CarParts.com reports Q3 EPS 3c, consensus 0cReports Q3 revenue $117.4M, consensus $91.78M. "The investments we made in our technology, marketing and supply chain starting in 2019 enabled us to return to growth and margin expansion beginning in the first quarter of this year and continuing through the Q3, driving exceptional growth across our business," said Lev Peker, CEO of CarParts.com. "In fact, gross profit and gross margin reached record highs, and we have continued to generate significant year-over-year increases to our bottom line thanks to our focus on positive unit economics, even on the first purchase. Our team has done an incredible job of maintaining our strong performance while addressing the elevated and evolving e-commerce demand. |
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