CarParts.com falls after co explores strategic alternatives, including sale
12/08/2025 21:49
** 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 (Reporting by Abhinav Parmar in Bengaluru) ((Abhinav.Parmar@thomsonreuters.com;))