CarParts.com Considers Sale Among Strategic Alternatives Being Explored

Dow Jones

Mar 05, 2025

By Denny Jacob

CarParts.com is exploring strategic alternatives that may include a sale of the company in response to inbound strategic inquiries it has received.

"Our future as an independent company is bright. At the same time, we are committed to evaluating a range of strategic alternatives to maximize value for our shareholders," said Chief Executive David Meniane.

The online car parts seller hasn't set a timeline for when an exploration of strategic alternatives may be completed and noted there's no guarantee the process will result in any transaction or other strategic change.

Trading was halted at 8:45 a.m. ET ahead of the disclosure. The stock is down 63% over the last year.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

March 05, 2025 09:02 ET (14:02 GMT)

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At the same time, we are committed to evaluating a range of strategic alternatives to maximize value for our shareholders,\" said Chief Executive David Meniane. \n</p>\n<p>\n  The online car parts seller hasn't set a timeline for when an exploration of strategic alternatives may be completed and noted there's no guarantee the process will result in any transaction or other strategic change. \n</p>\n<p>\n  Trading was halted at 8:45 a.m. ET ahead of the disclosure. The stock is down 63% over the last year. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Denny Jacob at denny.jacob@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 05, 2025 09:02 ET (14:02 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CarParts.com Considers Sale Among Strategic Alternatives Being Explored</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCarParts.com Considers Sale Among Strategic Alternatives Being Explored\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-05 22:02</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Denny Jacob \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/PRTS\">CarParts</a>.com is exploring strategic alternatives that may include a sale of the company in response to inbound strategic inquiries it has received. \n</p>\n<p>\n  \"Our future as an independent company is bright. At the same time, we are committed to evaluating a range of strategic alternatives to maximize value for our shareholders,\" said Chief Executive David Meniane. \n</p>\n<p>\n  The online car parts seller hasn't set a timeline for when an exploration of strategic alternatives may be completed and noted there's no guarantee the process will result in any transaction or other strategic change. \n</p>\n<p>\n  Trading was halted at 8:45 a.m. ET ahead of the disclosure. 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At the same time, we are committed to evaluating a range of strategic alternatives to maximize value for our shareholders,\" said Chief Executive David Meniane.The online car parts seller hasn't set a timeline for when an exploration of strategic alternatives may be completed and noted there's no guarantee the process will result in any transaction or other strategic change.Trading was halted at 8:45 a.m. ET ahead of the disclosure. 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At the same time, we are committed to evaluating a range of strategic alternatives to maximize value for our shareholders,\" said Chief Executive David Meniane. \n\n\n  The online car parts seller hasn't set a timeline for when an exploration of strategic alternatives may be completed and noted there's no guarantee the process will result in any transaction or other strategic change. \n\n\n  Trading was halted at 8:45 a.m. ET ahead of the disclosure. The stock is down 63% over the last year. \n\n\n \n\n\n  Write to Denny Jacob at denny.jacob@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 05, 2025 09:02 ET (14:02 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}