secwatch.observer — SEC 8-K summary
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Issuer:     STANDARD MOTOR PRODUCTS, INC. (SMP)
CIK:        0000093389
Form:       8-K
Filed at:   2022-10-28T23:59:59+00:00
Accession:  0001140361-22-038756
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Standard Motor Products Q3 GAAP EPS $1.06 vs $1.29; Revenue $381.4M up 3%
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- Net sales $381.4M (+3% YoY); GAAP EPS $1.06 vs $1.29; adjusted EPS $1.05 vs $1.32.
- Nine-month sales $1.06B (+7.2%); GAAP EPS $2.91 vs $3.50; adjusted EPS $2.90 vs $3.54.
- Quarterly dividend $0.27/share declared, payable Dec 1, 2022 to holders of record Nov 15.
- Acquired Kade Trading GmbH ($6M sales) for European temperature control entry.
- Full-year guidance unchanged: gross margin ~27%, operating profit 7%-8% of sales.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/93389/000114036122038756/0001140361-22-038756-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/93389/000114036122038756/brhc10043319_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-038756

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer