Standard Motor Products

Standard Motor Products, Inc. engages in the manufacture, distribution, and market of replacement parts for motor vehicles in the automotive aftermarket industry. It operates through the following segments: Engine Management, Temperature Control, and All Other. The Engine Management segment produces and remanufactures ignition and emission parts, ignition wires, battery cables, fuel system parts and sensors for vehicle systems. The Temperature Control Segment manufactures and remanufactures air conditioning compressors, air conditioning and heating parts, engine cooling system parts, power window accessories, and windshield washer system parts. The company was founded by Elias Fife and Ralph van Allen in 1919 and is headquartered in Long Island City, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Standard Motor Products reports mixed Q4 results, eyes growth in Engineered Solutions

Standard Motor Products (SMP) navigated mixed sales performance in Q4 2022, with strong segments like Temperature Control offsetting challenges in Engine Management. The company is focusing on growth opportunities in Engineered Solutions and aims for modest sales growth in 2023 despite inflation and interest rate impacts.

Standard Motor Products reports modest Q1 growth amidst profitability challenges

Standard Motor Products (SMP) navigated mixed segment performance in Q1 2023, with sales growth in Vehicle Control offset by declines in other segments. Despite profitability challenges, SMP remains optimistic about future growth opportunities and is strategically positioning itself for industry trends.

Standard Motor Products (SMP) maintains margins amidst sales challenges

Standard Motor Products (SMP) navigated challenges in Q2 with flat year-to-date revenues, focusing on maintaining margins, addressing cost increases, and enhancing operational efficiencies.
The company's strategic strengths lie in its operational adaptability, expansion plans, and commitment to growth in Engineered Solutions and key markets like Mexico, China, and Eastern Europe.
While facing immediate challenges from sales softness and customer bankruptcy impacts, SMP remains optimistic about growth opportunities, acquisitions, and operational improvements.
SMP's performance outlook for 2023 includes low single-digit sales growth and adjusted EBITDA around 9.5%, reflecting a balanced approach to managing costs and driving profitability.

Standard Motor Products (SMP) reports record Q3 growth amidst challenges

Standard Motor Products (SMP) delivered a strong performance in Q3 2023 with record sales and earnings growth, driven by the Temperature Control and Engineered Solutions segments. While facing challenges in the Vehicle Control segment and interest rate environment, SMP remains optimistic about future performance and growth opportunities. Analyst questions highlighted industry trends, pricing dynamics, and guidance clarification.

Standard Motor Products reports mixed Q4 performance, eyes growth opportunities

Standard Motor Products (SMP) navigated through a challenging quarter with mixed segment performance but remains optimistic about the future.
The company's focus on financial stability, operational efficiency, and long-term profitability positions it well for growth and sustainability.
By addressing challenges, leveraging strengths, and exploring opportunities, SMP aims to drive sales growth and enhance its competitive edge in the market.

Standard Motor Products reports record sales but faces profitability challenges

Standard Motor Products (SMP) achieved record sales in Q1 2024 but faced profitability challenges due to inflationary pressures. The company showed strength in certain segments and outlined a financial outlook with a focus on cost management and sales growth.

Standard Motor Products (SMP) reports robust Q2 performance and strategic acquisitions

Standard Motor Products (SMP) delivered strong sales growth, highlighted by record-high sales in the Temperature Control segment. Despite cost pressures, profitability improved, and strategic initiatives like the Nissens Automotive acquisition and cost-saving programs position SMP for future growth.

Standard Motor Products reports robust Q3 growth and eyes Nissens acquisition for future expansion

Standard Motor Products (SMP) delivered strong revenue and earnings growth in Q3 2024, driven by performance across all operating segments.
Strategic acquisitions, like Nissens Automotive, and ongoing operational enhancements underscore SMP's commitment to sustainable growth and profitability.
While facing short-term cost challenges, SMP remains optimistic about its financial outlook for 2024 and is poised to capitalize on market opportunities.

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Standard Motor Products, Inc. engages in the manufacture, distribution, and market of replacement parts for motor vehicles in the automotive aftermarket industry. It operates through the following segments: Vehicle Control, Temperature Control, Engineered Solutions, and Other. The Vehicle Control segment includes the provision of engine management, electrical and safety, wire sets and others. The Temperature Control segment involves the offering of air-conditioner system and other thermal components. The Engineered Solutions segment focuses on applications of thermal management products, sensors, switches, power distribution, electrification and electronics, injection and fuel delivery, ignition and emissions, and clamping devices. The company was founded by Elias Fife and Ralph van Allen in 1919 and is headquartered in Long Island City, NY.

Standard Motor Products, Inc. (SMP) CEO Eric Sills on Q1 2019 Results - Earnings Call Transcript

Standard Motor Products (SMP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Standard Motor Products (SMP) to Report Q1 Results: Wall Street Expects Earnings Growth

Standard Motor's acquisition of Stoneridge's Pollak business to enhance growth opportunities in the OE/OES, heavy-duty and commercial vehicle markets.

Standard Motor Acquires Stoneridge's Pollak Business

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