US Auto Parts Archives - aftermarketNews
Nanxi Liu Joins U.S. Auto Parts Network Board Of Directors

Liu is CEO and co-founder of Enplug, a leading digital display software company used by Fortune 500 companies. Unveils New Brand Identity

The rebrand is the culmination of detailed user testing and research as well as an extensive review of customer feedback.

US Auto Parts Names Morris Chief Merchandising Officer

David Morris will lead global sourcing, merchandising and product development for and JC Whitney.

U.S. Auto Parts 2nd Quarter Gross Profit Increased 6% 

Net sales were $73.7 million compared to $77 million. Gross profit increased 6% to $21.8 million compared to $20.5 million. As a percentage of net sales, gross profit increased 280 basis points to 29.5% compared to 26.7%. 

U.S. Auto Parts Appoints David Meniane To COO And CFO

Meniane brings extensive experience in consumer products as both an operator and financier. He previously served as executive vice president of L.A. Libations, an incubation partner to the Venturing & Emerging Brands group at the Coca-Cola Co.

U.S. Auto Parts Appoints Investment Adviser David Kanen To Board Of Directors 

Kanen currently serves as the managing member of Kanen Wealth Management, a registered investment adviser, and is the largest stockholder of U.S. Auto Parts.

U.S. Auto Parts Appoints Lev Peker To Replace Aaron Coleman As CEO

Peker will succeed Coleman, who was named CEO and director in April 2017 following the resignation of Shane Evangelist, who previously held the same role. Coleman announced a “mutually agreed upon succession plan” in October.

U.S. Auto Parts Reports 3rd Quarter 2018 Results; CEO Aaron Coleman To Step Down

Net sales in the third quarter of 2018 were $69.5 million compared to $73.8 million in the year-ago quarter.

U.S. Auto Parts Reports 2nd Quarter 2018 Results 

Net sales in the second quarter of 2018 were $77 million compared to $80.2 million in the year-ago quarter. The decrease was largely driven by a 9 percent decrease in e-commerce sales attributable to a decrease in e-commerce traffic and lower in-stock rates resulting from the company’s previously disclosed customs issue.

Aaron Coleman Appointed CEO And Director Of US Auto Parts

Shane Evangelist, who served as U.S. Auto Parts CEO and a director since 2007, submitted his resignation to the board and strongly recommended that the board implement its succession plan and name Coleman as CEO.