Earnings ·
Standard Motor Products reported second quarter 2026 net sales of $501.6 million and diluted earnings per share of…
SMPStandard Motor Products, Inc.
Standard Motor Products reported second quarter 2026 net sales of $501.6 million and diluted earnings per share of $1.39, with adjusted EPS rising 8.6% to $1.40. The company reaffirmed full-year guidance for low to mid-single digit sales growth and an adjusted EBITDA margin of 11%-12%. Management highlighted a record-setting adjusted EBITDA of $63.5 million and reduced net debt leverage to 2.5x. Additionally, the Board approved a quarterly cash dividend of $0.33 per share, payable September 1, 2026, to shareholders of record on August 14, 2026. Standard Motor Products is an automotive parts manufacturer and distributor.