Highest-materiality recent filing
SMP Q2 2026 adjusted EPS $1.40 (+8.6% YoY); record adjusted EBITDA $63.5M; reaffirms guidance
Q2 adjusted net sales $526.7M (+6.7% YoY); GAAP EPS $1.39; non-GAAP EPS $1.40.
All eight director nominees elected: each received >17.7M votes for, broker non-votes 2.6M.
SMP: COO James Burke steps down effective June 1; Sunil Bhandari named new Chief Operations Officer
James Burke steps down as COO effective June 1, 2026, remains Executive Advisor and board member.
SMP Q1 sales up 9.1% to $451.2M; adj. EPS $0.82; reaffirms FY guidance
Net sales $451.2M (+9.1% YoY); GAAP EPS $0.81; adj. non-GAAP EPS $0.82 vs $0.81 prior.
SMP Q4 sales up 12.2%, adj. EPS $0.56 (+19.1%); FY adj. EPS $4.02 (+26.8%); dividend raised
Q4 net sales $385.1M (+12.2% YoY); FY net sales $1.79B (+22.4% including Nissens, +4.0% organic).
Standard Motor Products raises quarterly dividend to $0.33 from $0.31 per share
Quarterly dividend increased by $0.02 to $0.33 per share, a 6.5% hike.
Q3 net sales $498.8M, +24.9% YoY; adj. EPS $1.36, +6.3%; guidance raised
Q3 net sales $498.8M (+24.9% YoY; +3.8% organic ex-Nissens); adj. diluted EPS $1.36 vs $1.28.
SMP Q2 net sales up 26.7% to $493.9M, adj. EPS $1.29, raises FY guidance to low-20% growth
Q2 net sales $493.9M (+26.7% YoY); adjusted diluted EPS $1.29 (+31.6% YoY).
SMP shareholders approve 2025 Omnibus Incentive Plan with 1.05M shares
All eight director nominees elected, including James J. Burke and Eric P. Sills, with over 17M votes each.
SMP Q1 sales up 24.7%, adj. EPS $0.81, raises quarterly dividend to $0.31
Net sales $413.4M (+24.7% YoY); GAAP EPS $0.61; adjusted EPS $0.81 (+80% of $0.45).
SMP Q4 sales up 18.1% to $343M; adj EPS $0.47 (+27%); Nissens contributes $35.7M
FY 2024 net sales $1.46B (+7.8%); adj diluted EPS $3.17 (+8.6%); adj EBITDA 9.6%.
Standard Motor Products increases quarterly dividend to $0.31 from $0.29 per share
Quarterly dividend raised to $0.31 per share from $0.29, a ~6.9% increase.
SMP completes $397M acquisition of Nissens Automotive; pro forma revenue $1.34B YTD Sep 2024
Purchase price €366M ($397M) after closing adjustments for Nissens Automotive, a European engine cooling and AC aftermarket company.
Standard Motor Products completes $390M acquisition of Nissens Automotive
Acquired 100% of Nissens Automotive for ~$390M (€360M) net of cash and debt, closed Nov 1, 2024.
SMP Q3 net sales $399.3M (+3.3%), adj. EPS $1.28 (+15%); Nissens acquisition closing soon
Q3 2024 net sales $399.3M vs $386.4M a year ago; adj. diluted EPS $1.28 vs $1.11 (+15%).
SMP enters $750M credit facility to fund Nissens Automotive acquisition
New $750M facility includes $440M revolver and $310M term loans; matures Sept 2029.
SMP Q2 sales up 10.4% to $390M; adj EPS $0.98 vs $0.84; reaffirms Nissens acquisition
Q2 net sales $389.8M (+10.4% YoY); GAAP EPS $0.81; adjusted EPS $0.98 vs $0.84.
SMP to acquire Nissens Automotive for ~$388M; accretive in first full year
Purchase price ~$388M (€360M) cash; 7.5x EBITDA after estimated $10M run-rate cost synergies.
Standard Motor Products annual meeting vote results disclosed
All eight director nominees elected; highest votes withheld: James J. Burke with 746,050.
Net sales $331.4M (+1% YoY); GAAP diluted EPS $0.44 vs $0.57; adj EPS $0.45 vs $0.61.
SMP Q4 2023: Sales $290.8M (-5.7% YoY), adj. EPS $0.37 vs $0.69; 2024 EBITDA guidance 9.0-9.5%
Q4 net sales $290.8M vs $308.2M; GAAP EPS $0.32 vs $0.39; adjusted EPS $0.37 vs $0.69.
Standard Motor Products declares $0.29 quarterly dividend payable March 1, 2024
Dividend of $0.29 per share on common stock declared.
SMP Q3 2023: EPS $1.12, sales $386.4M; declares $0.29 dividend
Q3 net sales $386.4M (+1.3% YoY); earnings from cont. ops $24.9M ($1.12 diluted EPS).
Q2 net sales $353.1M (-1.8% YoY); GAAP EPS $0.83, adjusted EPS $0.84 (both down from $0.93).
Standard Motor Products shareholders elect directors, ratify KPMG, approve say-on-pay
Eight director nominees elected with majority votes; broker non-votes of ~2.34M.
Q1 net sales $328M, up 1.6% YoY; GAAP EPS $0.57 vs $0.91; adjusted EPS $0.61 vs $0.92.
SMP Q4 EPS $0.39 ($0.69 adj); FY sales $1.37B (+5.6%); announces segment changes
Q4 net sales $308.2M (flat YoY); GAAP EPS $0.39 vs $0.89; adjusted EPS $0.69 vs $0.90.
Standard Motor Products raises quarterly dividend to $0.29 from $0.27 per share
Quarterly dividend increased from $0.27 to $0.29 per share, a $0.02 rise.
Standard Motor Products announces leadership succession; Eric Sills to become Chairman in May 2023
Lawrence I. Sills (Chairman) and William H. Turner to become Director Emeritus effective May 18, 2023; Eric P. Sills succeeds as Chairman.
Standard Motor Products Q3 GAAP EPS $1.06 vs $1.29; Revenue $381.4M up 3%
Net sales $381.4M (+3% YoY); GAAP EPS $1.06 vs $1.29; adjusted EPS $1.05 vs $1.32.
Net sales $359.4M (+5.1% YoY); GAAP EPS $0.93 vs $1.23; adjusted EPS $0.93 vs $1.26.
Standard Motor Products closes new $500M credit facility, replaces $300M revolver
New $500M facility: $100M term loan + $400M multi-currency revolver, maturing June 2027, replacing $300M revolving facility from 2015.
Standard Motor Products shareholders elect ten directors and ratify KPMG as auditor
All ten director nominees elected; top vote-getter Alejandro Capparelli (18,928,583), lowest Lawrence Sills (17,811,427).
Net sales $322.8M (+16.7% YoY); GAAP EPS $0.91 diluted vs $0.97 in Q1 2021; adjusted EPS $0.92.
Board expanded from 10 to 11 directors; Capparelli appointed effective April 1, 2022.
Standard Motor Products upsizes credit facility to $300M, replaces LIBOR with SOFR
Increased revolving credit facility from $250M to $300M via accordion draw of $50M.
Standard Motor Products Q4 sales $309.9M (+9.6% YoY); FY revenue $1.30B (+15%)
Q4 2021 net sales $309.9M (+9.6% YoY); GAAP EPS $0.89; adjusted EPS $0.90 vs $1.08 prior year.
Standard Motor Products increases quarterly dividend to $0.27 from $0.25 per share
Quarterly dividend raised to $0.27/share, an 8% increase from $0.25/share.
Standard Motor Products appoints Pamela Puryear as independent director
Board increased from 9 to 10 directors; Puryear independent, serves on Audit, Compensation, Nominating, and Strategic Planning Committees.
SMP Q3 2021 net sales $370.3M (+7.8% YoY); EPS $1.29 vs $1.59; record YTD earnings; new buyback
Q3 net sales $370.3M vs $343.6M YoY; GAAP diluted EPS $1.29 vs $1.59; adjusted EPS $1.32.
SMP acquires Stabil Group for ~$15M; accretive to 2022 EPS
Acquired 100% of Stabil Operative Group GmbH for ~$15M (subject to post-closing adjustments).
SMP Q2 2021 net sales $342.1M (+38% YoY); adjusted EPS $1.26; $0.25 dividend
Q2 net sales $342.1M, up 38% from $247.9M in Q2 2020; GAAP EPS $1.23 vs $0.52.
Eric P. Sills, Director, Chief Executive Officer & President, will be appointed Chairman of the Board
Lawrence I. Sills, Chairman, and William H. Turner, Presiding Independent Director, announced that they will each assume the role of Director Emeritus
the Board increased the size of the Board from nine to ten members and appointed James J. Burke, the Company’s Chief Operating Officer, as a new director to the Board, effective as of December 15, 2022.
Lawrence I. Sills, Chairman, and William H. Turner, Presiding Independent Director, announced that they will each assume the role of Director Emeritus
Alisa C. Norris, Director, will be appointed Presiding Independent Director of the Board, and will resign as Chair of the Compensation and Management Development Committee
On April 1, 2022, the Board of Directors of Standard Motor Products, Inc. (the “Company”) increased the size of the Board from ten directors to eleven directors and appointed Mr. Alejandro Cesar Capparelli as a new director to the Board.
On February 17, 2022, Richard S. Ward announced that he will retire from the Board of Directors of the Company at the end of his current term of office in May 2022.
appointed Pamela Puryear, Ph.D., as a new director to the Board.
Max materiality 0.85 · Median 0.68 · Most common event earnings