secwatch.observer — SEC 8-K summary
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Issuer:     STANDARD MOTOR PRODUCTS, INC. (SMP)
CIK:        0000093389
Form:       8-K
Filed at:   2022-02-22T23:59:59+00:00
Accession:  0001140361-22-006222
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Standard Motor Products Q4 sales $309.9M (+9.6% YoY); FY revenue $1.30B (+15%)
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- Q4 2021 net sales $309.9M (+9.6% YoY); GAAP EPS $0.89; adjusted EPS $0.90 vs $1.08 prior year.
- Full year 2021 net sales $1.30B (+15% YoY); GAAP EPS $4.39; adjusted EPS $4.45 vs $3.61 prior year.
- Quarterly dividend raised from $0.25 to $0.27 per share; payable March 1, 2022 to holders of record Feb 15, 2022.
- Engine Management sales up 6% Q4 and 12% FY; Temperature Control up 24% FY; specialized OE business 24% of segment revenue in Q4.
- Director Richard S. Ward to retire at May 2022 annual meeting; board size reduced from 10 to 9 members.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/93389/000114036122006222/0001140361-22-006222-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/93389/000114036122006222/brhc10034316_form8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-006222

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