The latest announcement is out from CarParts.com Inc ( (PRTS) ).
On March 5, 2025, CarParts.com announced it is exploring strategic alternatives, including a potential sale, to maximize shareholder value. The company has engaged financial and legal advisors to assist in this process, which is a response to strategic inquiries received. While no timeline is set for completing this exploration, the company emphasizes its commitment to evaluating options that could impact its future operations and shareholder interests.
More about CarParts.com Inc
CarParts.com, Inc. is a technology-driven eCommerce company specializing in automotive parts and accessories. With over 25 years of operation, it has become a leading destination for drivers seeking repair and maintenance solutions, offering over 1 million high-quality parts. The company emphasizes customer satisfaction through its user-friendly website and app, supported by a robust fulfillment network for swift delivery nationwide. Headquartered in Torrance, California, CarParts.com is committed to empowering drivers along their journey.
YTD Price Performance: -13.63%
Average Trading Volume: 395,276
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $50.58M
Find detailed analytics on PRTS stock on TipRanks’ Stock Analysis page.