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May 10 , 2021 @ carparts.com CarParts.com Reports Record First Quarter 2021 Results Record Quarterly Sales of $ 144.8 million , up 65 % 5th Consecutive Quarter of Year over Year Sales Growth carparts.com INVESTORS Reaffirms Long Term Goal of 20-25 % Compounded Sales Growth TORRANCE , Calif . , May 10 , 2021 / PRNewswire / --CarParts.com , Inc. ( NASDAQ : PRTS ) , one of the leading e - commerce providers of automotive parts and accessories , is reporting results for the first quarter ended April 3 , 2021 . First Quarter 2021 Summary vs. Year - Ago Quarter • Net sales increased 65 % year over year to $ 144.8 million • Gross profit increased 65 % to $ 49.2 million , with gross margin up 10 basis points to 34.0 % . • Net loss was ( $ 2.7 ) million or ( $ 0.06 ) per share , compared to a net loss of ( $ 1.0 ) million or ( $ 0.03 ) per share . • Adjusted EBITDA decreased to $ 3.6 million vs. $ 4.3 million in the year ago quarter . The decrease was driven primarily by the continued ramp up of our Texas Distribution Center ( " DC " ) , adverse weather , and target investments in brand awareness campaigns that did not exist in the prior year quarter . In active discussions to expand the Texas DC by 156,220 square feet , which would bring the total DC network square footage to over 1 million square feet . Management Commentary " During the quarter we saw robust sales that reinforced our confidence in achieving our long - term goal of 20 to 25 % compounded top line growth " said Lev Peker , CEO of CarParts.com . " The expansion of our DC network into Grand Prairie Texas increased our