CarParts.com falls after co explores strategic alternatives, including sale
ReutersAug 12, 2025 8:49 PM
** Online automotive parts and accessories supplier CarParts.com PRTS.O shares fall 12.9% to $0.80 after markets close
** Co says it is currently evaluating several different transaction structures, including a potential sale
** PRTS posts Q2 sales of $151.9 mln vs. analysts' est. of $153.5 mln - LSEG
** Co holds back providing forecast for 2025 saying it is currently evaluating strategic alternatives in response to inbound interest
** "That said, there can be no assurance that we will reach a transaction" - PRTS
** Including session's moves, PRTS down 14.9% YTD
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