{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-24-008945","form_type":"8-K","ticker":"SMP","cik":"0000093389","company_name":"STANDARD MOTOR PRODUCTS, INC.","filed_at":"2024-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.347190+00:00","generated_at":"2026-06-05T21:31:28.242565+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SMP Q4 2023: Sales $290.8M (-5.7% YoY), adj. EPS $0.37 vs $0.69; 2024 EBITDA guidance 9.0-9.5%","bullets":["Q4 net sales $290.8M vs $308.2M; GAAP EPS $0.32 vs $0.39; adjusted EPS $0.37 vs $0.69.","Full-year sales $1.36B vs $1.37B; GAAP EPS $2.85 vs $3.30; adjusted EPS $2.92 vs $3.59.","Vehicle Control sales -1.7% YoY, Temperature Control -3.8%, Engineered Solutions +4.7%.","Inventory reduced $21.6M to $507.1M; total debt cut $83.6M to $156.2M; net leverage 1.0x.","2024 outlook: flat to low single-digit sales growth; adj. EBITDA 9.0-9.5%; ~$7-8M added DC costs."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-24-008945","json":"https://secwatch.observer/filing/0001140361-24-008945.json","markdown":"https://secwatch.observer/filing/0001140361-24-008945.md","text":"https://secwatch.observer/filing/0001140361-24-008945.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/93389/000114036124008945/0001140361-24-008945-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/93389/000114036124008945/ef20022113_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T21:31:28.242565+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":"a5545fc7f3032feb191a06422eac92064934d97c","claim":"STANDARD MOTOR PRODUCTS, INC. reported the fourth quarter of 2023 results: revenue $290.8 million, net income $7.2 million, EPS $0.32 per diluted share. Guidance initiated.","evidence_excerpt":"Net sales for the fourth quarter of 2023 were $290.8 million, compared to consolidated net sales of $308.2 million during the same quarter in 2022. Earnings from continuing operations for the fourth quarter of 2023 were $7.2 million or $0.32 per diluted share, compared to $8.5 million or $0.39 per diluted share in the fourth quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/93389/000114036124008945/0001140361-24-008945-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of 2023"},{"label":"Revenue","value":"$290.8 million"},{"label":"Net income","value":"$7.2 million"},{"label":"EPS","value":"$0.32 per diluted share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ea9318aa96a1a752b4abb28ca6b02149b29fbf5c","claim":"STANDARD MOTOR PRODUCTS, INC. reported the twelve months ended December 31, 2023 results: revenue $1.36 billion, net income $63.1 million, EPS $2.85 per diluted share. Guidance initiated.","evidence_excerpt":"Consolidated net sales for the twelve months ended December 31, 2023, were $1.36 billion, compared to consolidated net sales of $1.37 billion during the comparable period in 2022. Earnings from continuing operations for the twelve months ended December 31, 2023, were $63.1 million or $2.85 per diluted share, compared to $73.0 million or $3.30 per diluted share in the comparable period of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/93389/000114036124008945/0001140361-24-008945-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the twelve months ended December 31, 2023"},{"label":"Revenue","value":"$1.36 billion"},{"label":"Net income","value":"$63.1 million"},{"label":"EPS","value":"$2.85 per diluted share"},{"label":"Guidance","value":"initiated"},{"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"}