SMP Q2 2021 net sales $342.1M (+38% YoY); adjusted EPS $1.26; $0.25 dividend

STANDARD MOTOR PRODUCTS, INC.

2021-Q2 EPS reported $2.12 revenue$618,629,000

Q2 net sales $342.1M, up 38% from $247.9M in Q2 2020; GAAP EPS $1.23 vs $0.52.
Non-GAAP adjusted EPS $1.26 (up 142% YoY); six-month adjusted EPS $2.23 vs $0.95.
Temperature Control sales +47% YoY; Engine Management +35% despite loss of large account.
Two acquisitions (Stoneridge soot sensor, Trombetta) add ~$75M annualized revenue; combined OE channel ~$250M.
Board declared $0.25/share quarterly dividend, payable Sept 1, 2021 to holders of record Aug 16, 2021.

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