Standard Motor Products (SMP) Stock News

Standard Motor Products (NYSE:SMP) reported strong Q2 2025 results with net sales of $493.9 million, up 26.7% year-over-year. Adjusted diluted EPS increased 31.6% to $1.29, while adjusted EBITDA margin improved 190 basis points to 12.0%.

The company's performance was driven by solid growth in Vehicle Control (up 7%) and Temperature Control (up 5.5%) segments. The newly acquired Nissens contributed $90.5 million in sales with an 18.0% adjusted EBITDA margin. SMP raised its full-year sales growth guidance to the low-20's percent range and reaffirmed adjusted EBITDA margin outlook of 10-11%.

The Board approved a quarterly dividend of $0.31 per share, payable on September 2, 2025. The company also opened a new 575,000 square foot distribution center in Shawnee, Kansas.

Standard Motor Products (NYSE:SMP), an automotive parts manufacturer and distributor, has scheduled its Q2 2025 earnings conference call for August 5, 2025, at 11:00 AM ET. The company will report earnings for the three and six months ended June 30, 2025, before the market opens.

Investors can access the call through a webcast on the company's website at www.smpcorp.com via the SMP Q2'25 Earnings Call Webcast link, or by dialing 800-343-4136 (domestic) or 203-518-9843 (international) using conference ID SMP2Q2025. A playback will be available immediately after the call.

Nissens Automotive, a division of Standard Motor Products (NYSE:SMP), has announced a major expansion of its North American product portfolio with 868 new part numbers. The expansion includes the introduction of A/C Hose Assemblies and significant additions to existing product lines.

Key additions include 98 A/C System Service Kits (covering 58M vehicles), 173 new A/C Compressors (46M vehicles), 128 A/C Evaporator Cores (104M import vehicles), and 121 HVAC Blower Motor Assemblies (119M vehicles). The new A/C Hose Assemblies line launches with 100 parts covering 77M vehicles, focusing on popular Asian vehicle brands.

Standard Motor Products (NYSE: SMP) has opened a new 575,000-square-foot national distribution center in Shawnee, Kansas. The state-of-the-art facility adds over 200,000 net square feet to SMP's distribution footprint and features advanced logistics technology. Located less than five miles from the existing Edwardsville distribution center, the new facility enables SMP to maintain its current workforce while implementing a multi-point distribution strategy for high-volume SKUs. The centralized location will improve nationwide coverage and reduce transportation lead times. SMP plans to cease operations at the Edwardsville location by year-end. The facility's opening was marked by a ribbon-cutting ceremony attended by local officials and SMP leadership.

Standard Motor Products (NYSE: SMP), a leading automotive parts manufacturer and distributor, has achieved recognition as one of Newsweek's America's Greatest Workplaces 2025 and America's Greatest Workplaces in Manufacturing. The recognition follows an extensive evaluation process involving over 400,000 interviews and analysis of nearly 5 million company reviews. The assessment covered ten key categories including mental wellbeing, job security, work-life balance, compensation, and corporate culture. SMP's Chairman and CEO Eric Sills emphasized the company's commitment to employee success, highlighting their focus on creating meaningful connections and providing resources for both professional and personal development.

Standard Motor Products (NYSE: SMP) reported strong Q1 2025 results with net sales of $413.4 million, up 24.7% year-over-year. The company's adjusted diluted earnings per share increased 80% to $0.81.

Key highlights include:

• Vehicle Control sales up 3.7%
• Temperature Control segment sales increased 24.1%
• Nissens Automotive contributed $66.2 million in sales with 17.3% adjusted EBITDA margin
• Adjusted EBITDA rose to $42.8 million from $22.9 million last year
• Quarterly dividend of $0.31 per share announced

The company maintains its guidance for top-line growth in the mid-teens and adjusted EBITDA margin of 10-11%, excluding tariff impacts. With over half of US sales coming from North American manufacturing that is USMCA-compliant, SMP is well-positioned to handle potential tariff challenges. The company's strong North American presence and non-discretionary product nature provide stability in uncertain times.

Standard Motor Products (NYSE: SMP), an automotive parts manufacturer and distributor, has announced its upcoming first quarter 2025 earnings release and conference call schedule. The company will report its financial results for the quarter ended March 31, 2025, before market opening on April 30, 2025.

The earnings conference call will be held at 11:00 AM Eastern Time on Wednesday, April 30, 2025. Investors can participate through a webcast available on the company's website at www.smpcorp.com or by dialing 800-274-8461 (domestic) or 203-518-9814 (international) using the conference ID code SMP1Q2025. A playback option will be available immediately after the call via phone and webcast.

Standard Motor Products (SMP) has announced a significant expansion of its Electronic Parking Brake Actuator program. The company emphasizes that parking brake actuators are among the fastest-growing categories in the automotive aftermarket, with their products being 100% new and designed to match OE performance.

The expanded coverage includes new applications for millions of late-model vehicles, including 2023-22 Ford models (Escape, Bronco Sport, Maverick), 2024-23 Super Duty trucks, 2024-22 Jeep Grand Cherokee, 2024-22 Ram ProMaster, and various Mercedes-Benz, Subaru, Mazda, Audi, Volkswagen, and GM vehicles.

Standard's actuators feature plug-and-play design requiring no additional programming, and include necessary hardware for complete repairs. Each unit undergoes rigorous testing at SMP's New York lab and Texas Testing Center for durability and performance.

Standard Motor Products (NYSE: SMP) reported strong Q4 2024 results with net sales of $343.4 million, up 18.1% year-over-year. Full-year 2024 sales reached $1.46 billion, a 7.8% increase from 2023.

The recently acquired Nissens Automotive contributed $35.7 million in sales during its first two months. Adjusted diluted EPS grew 27% to $0.47 in Q4 and 8.6% to $3.17 for the full year. The company's Vehicle Control segment sales increased 4.9% in Q4, while Temperature Control saw a 30% jump.

For 2025, SMP expects mid-teens sales growth, primarily due to Nissens integration, with Adjusted EBITDA projected at 10.0-11.0%. The company announced a quarterly dividend of $0.31 per share, payable March 3, 2025.