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Vehicle Care Week Names CarParts.com the Best Organization For Year-About-Year Net Revenue Growth in Q3 2020

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TORRANCE, Calif.–(Small business WIRE)–Jan 19, 2021–

Automobile Care Week, a main unbiased news source masking the automotive aftermarket, has named CarParts.com, Inc. (NASDAQ: PRTS) (“CarParts.com”) the Top Organization for YoY Internet Revenue Expansion in Q3 2020, further demonstrating the company’s good results in speedily becoming drivers’ leading decision for finding and obtaining the correct sections wanted to get their motor vehicles back again on the highway.

This press launch functions multimedia. Watch the whole launch right here: https://www.businesswire.com/information/property/20210119005629/en/

(Photograph: Business enterprise Wire)

CarParts.com’s Q3 2020 Net Profits improved 69.5% in contrast to Q3 2019, according to Automobile Care 7 days, also lengthy-recognised by the industry as The Greensheet. This growth level was additional than 16% better than its closest competitor. Outperforming both equally pure participate in ecommerce firms and brick-and-mortar shops with on the web buying platforms, CarParts.com’s YoY web revenue development topped buyer brands like O’Reilly Auto Pieces (NASDAQ: ORLY), AutoZone (NYSE: AZO), Progress Vehicle Components (NYSE: AAP), and NAPA operator Legitimate Sections Organization (NYSE: GPC).

Examine additional about Vehicle Care Week’s findings in this article: https://www.autocareweek.com/wp-material/uploads/2021/01/Greensheet_Q3_2020_Chart.pdf

This accomplishment follows the modern announcement from website analytics organization SimilarWeb, naming CarParts.com the Speediest-Escalating Vehicle Elements Internet site of 2020. Merged, these distinctions reveal the achievement of CarParts.com’s customer-to start with technique to business enterprise functions and internet marketing, sizeable investments in engineering, and offer chain advancements that remodeled the way consumers shop for auto parts.

“The final accomplishment is when you not only raise internet site site visitors, but also see those improvements translate to genuine product sales quantity,” explained Houman Akhavan, Chief Marketing Officer of CarParts.com. “It is evidence that our transformative method is performing. We are fully commited to listening to drivers, knowing their desires and wants, and doing every little thing we can to assist them locate the proper sections, at the right price, and deliver them proper absent. When we do that efficiently, we’re successful above and will keep on to earn about a fiercely faithful consumer base.”

For more information and facts about CarParts.com, take a look at CarParts.com.

About CarParts.com

With about 25 years of experience, and extra than 50 million sections delivered, we have streamlined our site and sourcing community to greater provide the way motorists get the parts they need to have. Making use of the hottest technologies and structure concepts, we’ve established an simple-to-use, cell-helpful shopping encounter that, together with our own nationwide distribution network, cuts out the brick-and-mortar provide chain expenses and supplies high quality areas at a price range-welcoming price tag.

CarParts.com is headquartered in Torrance, California.

See source model on businesswire.com:https://www.businesswire.com/news/residence/20210119005629/en/

Get hold of: Media:

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Ryan Lockwood

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Key phrase: CALIFORNIA UNITED STATES NORTH The usa

Business Search term: AFTERMARKET AUTOMOTIVE OTHER AUTOMOTIVE TIRES & RUBBER On the net RETAIL Common AUTOMOTIVE General performance & Particular Fascination RETAIL

Supply: CarParts.com, Inc.

Copyright Business Wire 2021.

PUB: 01/19/2021 09:00 AM/DISC: 01/19/2021 09:01 AM

http://www.businesswire.com/news/house/20210119005629/en