---
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"
generated_at: "2026-06-05T21:31:28.242565+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SMP Q4 2023: Sales $290.8M (-5.7% YoY), adj. EPS $0.37 vs $0.69; 2024 EBITDA guidance 9.0-9.5%

## Summary
- 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.

## SEC filing metadata
- 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
- 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/93389/000114036124008945/0001140361-24-008945-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/93389/000114036124008945/ef20022113_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-008945
- JSON: https://secwatch.observer/filing/0001140361-24-008945.json
- Plain text: https://secwatch.observer/filing/0001140361-24-008945.txt

## Key facts
- Earnings Releases
  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.
  - Period: the fourth quarter of 2023
  - Revenue: $290.8 million
  - Net income: $7.2 million
  - EPS: $0.32 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/93389/000114036124008945/0001140361-24-008945-index.htm
- Earnings Releases
  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.
  - Period: the twelve months ended December 31, 2023
  - Revenue: $1.36 billion
  - Net income: $63.1 million
  - EPS: $2.85 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/93389/000114036124008945/0001140361-24-008945-index.htm

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