Auto Care Week Names CarParts.com the Top Company For Year-Over-Year Net Sales Growth in Q3 2020
19 Januar 2021 - 03:00PM
Business Wire
Auto Care Week, a leading independent news source covering the
automotive aftermarket, has named CarParts.com, Inc. (NASDAQ: PRTS)
("CarParts.com") the Top Company for YoY Net Sales Growth in Q3
2020, further demonstrating the company’s success in quickly
becoming drivers’ top choice for finding and buying the right parts
needed to get their vehicles back on the road.
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CarParts.com’s Q3 2020 Net Sales increased 69.5% compared to Q3
2019, according to Auto Care Week, also long-known through the
industry as The Greensheet. This growth rate was more than 16%
higher than its closest competitor. Outperforming both pure play
ecommerce companies and brick-and-mortar retailers with online
shopping platforms, CarParts.com’s YoY net sales growth topped
consumer brands including O’Reilly Auto Parts (NASDAQ: ORLY),
AutoZone (NYSE: AZO), Advance Auto Parts (NYSE: AAP), and NAPA
owner Genuine Parts Company (NYSE: GPC).
Read more about Auto Care Week’s findings here:
https://www.autocareweek.com/wp-content/uploads/2021/01/Greensheet_Q3_2020_Chart.pdf
This success follows the recent announcement from website
analytics firm SimilarWeb, naming CarParts.com the Fastest-Growing
Auto Parts Site of 2020. Combined, these distinctions demonstrate
the success of CarParts.com’s customer-first approach to business
operations and marketing, significant investments in technology,
and supply chain improvements that transformed the way consumers
shop for auto parts.
“The ultimate achievement is when you not only increase website
traffic, but also see those improvements translate to real sales
volume,” said Houman Akhavan, Chief Marketing Officer of
CarParts.com. “It is evidence that our transformative approach is
working. We are committed to listening to drivers, understanding
their needs and desires, and doing everything we can to help them
find the right parts, at the right price, and deliver them right
away. When we do that effectively, we’re winning over and will
continue to win over a fiercely loyal customer base.”
For more information about CarParts.com, visit CarParts.com.
About CarParts.com
With over 25 years of experience, and more than 50 million parts
delivered, we’ve streamlined our website and sourcing network to
better serve the way drivers get the parts they need. Utilizing the
latest technologies and design principles, we’ve created an
easy-to-use, mobile-friendly shopping experience that, alongside
our own nationwide distribution network, cuts out the
brick-and-mortar supply chain costs and provides quality parts at a
budget-friendly price.
CarParts.com is headquartered in Torrance, California.
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version on businesswire.com: https://www.businesswire.com/news/home/20210119005629/en/
Media: Sasha Trosman strosman@carparts.com
Investors: Ryan Lockwood ir@carparts.com
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