Carparts.Com Inc (PRTS) Financial

CarParts.com, Inc. operates as an online provider of aftermarket auto parts and accessories in the United States and the Philippines. The company is headquartered in Torrance, California and currently employs 1,186 full-time employees. The company went IPO on 2007-02-09. The firm serves as a one-stop destination for vehicle repair, upgrade, and maintenance needs. The company principally sells its products to individual consumers through its website at www.carparts.com and mobile applications, online marketplaces and wholesale platforms. The company has classified its products into three subcategories by function: replacement parts, hard parts, and other parts and accessories. The replacement parts category primarily consists of parts for the exterior of an automobile. The hard parts category include engine, chassis, drivetrain, suspension, braking, electrical and other mechanical components necessary for vehicle operation. The other parts category includes products designed to enhance vehicle performance, functionality and comfort or appearance. The company also sells its products through online marketplaces, including third-party auction sites like eBay.