{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-23-022613","form_type":"8-K","ticker":"SMP","cik":"0000093389","company_name":"STANDARD MOTOR PRODUCTS, INC.","filed_at":"2023-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.923874+00:00","generated_at":"2026-06-16T02:21:00.595600+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Standard Motor Products Q1 net sales up 1.6% to $328M, but GAAP EPS falls to $0.57; FY outlook unchanged","bullets":["Q1 net sales $328M, up 1.6% YoY; GAAP EPS $0.57 vs $0.91; adjusted EPS $0.61 vs $0.92.","Non-GAAP operating margin fell to 6.6% from 8.3%, driven by $5.5M increase in customer factoring expense due to higher interest rates.","FY 2023 outlook: low single-digit sales growth, Adjusted EBITDA margin ~10% assuming current rates.","Board declared quarterly dividend $0.29/share, payable June 1, 2023 to holders of record May 15, 2023.","Vehicle Control sales up 4.1%; Temperature Control down 0.9%; Engineered Solutions down 2% YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-23-022613","json":"https://secwatch.observer/filing/0001140361-23-022613.json","markdown":"https://secwatch.observer/filing/0001140361-23-022613.md","text":"https://secwatch.observer/filing/0001140361-23-022613.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/93389/000114036123022613/0001140361-23-022613-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/93389/000114036123022613/brhc20052369_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T02:21:00.595600+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2a5188fde6aaecab6f46a14c86c54581b4905a61","claim":"STANDARD MOTOR PRODUCTS, INC. reported the three months ended March 31, 2023 results: revenue $328.0 million, net income $12.7 million, EPS $0.57 per diluted share. Guidance reaffirmed.","evidence_excerpt":"Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, reported today its consolidated financial results for the three months ended March 31, 2023. Net sales for the first quarter of 2023 were $328.0 million, compared to consolidated net sales of $322.8 million during the comparable quarter in 2022. Earnings from continuing operations for the first quarter of 2023 were $12.7 million or $0.57 per diluted share, compared to $20.6 million or $0.91 per diluted share in the first quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/93389/000114036123022613/0001140361-23-022613-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2023"},{"label":"Revenue","value":"$328.0 million"},{"label":"Net income","value":"$12.7 million"},{"label":"EPS","value":"$0.57 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}