11/07/12

Sales sputter in Q3 for U.S. Auto Parts Network

But net loss declines for the online auto parts merchant.

Bill Briggs , Senior Editor

Sales declined for U.S. Auto Parts Network Inc., parent company of e-retailers JCWhitney.com and AutoPartsWarehouse.com, in the third quarter of fiscal 2012. Such key metrics as conversion rate and average ticket declined slightly compared to the year-earlier period.

For the quarter ended Sept. 29, U.S. Auto Parts, No. 76 in the 2012 Internet Retailer Top 500 Guide, reported:

CEO Shane Evangelist says margins improved but “as expected, we are still battling headwinds with respect to customer acquisition and online traffic to our sites, all of which we are addressing strategically.”

For the first nine months, U.S. Auto Parts reported:

Topics:

AutoPartsWarehouse.com, JCWhitney.com, online auto parts, Q3 earnings, Shane Evangelist, Top 500, U.S. Auto Parts, U.S. Auto Parts earnings

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