secwatch.observer — SEC 8-K summary
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Issuer:     STANDARD MOTOR PRODUCTS, INC. (SMP)
CIK:        0000093389
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0001140361-23-007947
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SMP Q4 EPS $0.39 ($0.69 adj); FY sales $1.37B (+5.6%); announces segment changes
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- Q4 net sales $308.2M (flat YoY); GAAP EPS $0.39 vs $0.89; adjusted EPS $0.69 vs $0.90.
- Full-year 2022 sales $1.37B (+5.6% YoY); GAAP EPS $3.30 vs $4.39; adjusted EPS $3.59 vs $4.45.
- Recorded $7.0M pre-tax charge from customer bankruptcy filing in Q4.
- New Engineered Solutions segment (non-Aftermarket) and Engine Management renamed Vehicle Control; reporting starts Q1 2023.
- 2023 outlook: low single-digit sales growth, Adjusted EBITDA ~10%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/93389/000114036123007947/0001140361-23-007947-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/93389/000114036123007947/brhc10048528_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-007947

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