---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-037517"
form_type: "8-K"
ticker: "SMP"
cik: "0000093389"
company_name: "STANDARD MOTOR PRODUCTS, INC."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T16:19:08.277518+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SMP Q2 net sales down 1.8% to $353.1M; adj EPS falls to $0.84 from $0.93; FY adj EBITDA guidance cut to ~9.5%

## Summary
- Q2 net sales $353.1M (-1.8% YoY); GAAP EPS $0.83, adjusted EPS $0.84 (both down from $0.93).
- Vehicle Control sales -1.1%, Temperature Control -8.1%, Engineered Solutions +6.2%; Temp Control op margin down 390bps.
- FY 2023 adjusted EBITDA guidance lowered to ~9.5% of revenue from ~10%; customer factoring expense $48-50M.
- Inventory reduced to $499.1M from $528.7M (year-end); total debt $223.2M, paid down $50M in Q2.
- Recorded $11M charge from breach-of-contract lawsuit on discontinued operation; judgment pending.

## SEC filing metadata
- accession: 0001140361-23-037517
- form_type: 8-K
- ticker: SMP
- cik: 0000093389
- company_name: STANDARD MOTOR PRODUCTS, INC.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/93389/000114036123037517/0001140361-23-037517-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/93389/000114036123037517/brhc20056735_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-037517
- JSON: https://secwatch.observer/filing/0001140361-23-037517.json
- Plain text: https://secwatch.observer/filing/0001140361-23-037517.txt

## Key facts
- Earnings Releases
  STANDARD MOTOR PRODUCTS, INC. reported the second quarter of 2023 results: revenue $353.1 million, net income $18.4 million, EPS $0.83 per diluted share. Guidance lowered.
  - Period: the second quarter of 2023
  - Revenue: $353.1 million
  - Net income: $18.4 million
  - EPS: $0.83 per diluted share
  - Guidance: lowered
  - Result: reported results
  source text: Net sales for the second quarter of 2023 were $353.1 million, compared to consolidated net sales of $359.4 million during the comparable quarter in 2022. Earnings from continuing operations for the second quarter of 2023 were $18.4 million or $0.83 per diluted share, compared to $20.8 million or $0.93 per diluted share in the second quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/93389/000114036123037517/0001140361-23-037517-index.htm
- Earnings Releases
  STANDARD MOTOR PRODUCTS, INC. reported the six months ended June 30, 2023 results: revenue $681.1 million, net income $31.1 million, EPS $1.40 per diluted share. Guidance lowered.
  - Period: the six months ended June 30, 2023
  - Revenue: $681.1 million
  - Net income: $31.1 million
  - EPS: $1.40 per diluted share
  - Guidance: lowered
  - Result: reported results
  source text: Consolidated net sales for the six months ended June 30, 2023, were $681.1 million, compared to consolidated net sales of $682.2 million during the comparable period in 2022. Earnings from continuing operations for the six months ended June 30, 2023, were $31.1 million or $1.40 per diluted share, compared to $41.4 million or $1.85 per diluted share in the comparable period of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/93389/000114036123037517/0001140361-23-037517-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.