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These Analysts Cut Their Forecasts On CarParts.com Following Q2 Loss
CarParts.com, Inc. (NASDAQ:PRTS) reported a loss for the second quarter on Tuesday.
CarParts.com (NASDAQ:PRTS) reported a quarterly loss of 15 cents per share, compared to market expectations for a loss of 10 cents per share. The company reported quarterly sales of $144.270 million which missed the analyst consensus estimate of $155.717 million.
“Last quarter we discussed our emphasis on financial discipline and profitability by focusing on driving gross and net margins, accelerating efficiency and effectiveness to quickly deliver improved profitability; and achieving sustainable growth with strong long-term ...