RTTNews | Jan 7, 2022 11:16AM EST

11:16 Friday, January 7, 2022 (RTTNews.com) - Shares of CarParts.com, Inc. (PRTS) are gaining over 5% on Friday morning after the company announced its preliminary revenues for fourth quarter and full year 2021.

PRTS is currently trading at $11.70, up $0.58 or 5.23%, on the Nasdaq.

CarParts.com expects to report fiscal year 2021 revenue of about $582 million, up 31% versus fiscal year 2020 and up 33% excluding an extra week in 2020.

CarParts.com expects to report fourth quarter 2021 revenue of approximately $138 million, up 15% versus the fourth quarter of 2020 and up 23% excluding an extra week in 2020.

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