Earnings ·
Standard Motor Products reports Q3 EPS of $1.42 and declares a $0.33 quarterly dividend
SMPStandard Motor Products, Inc.
Standard Motor Products reported third-quarter net sales of $507.8 million, with adjusted net sales rising 2.8% to $512.9 million. Diluted earnings per share reached $1.42, up from $1.32 in the prior year period, while adjusted diluted EPS increased 13.2% to $1.54. The company reduced its net debt leverage ratio to 1.8x from 2.5x in the second quarter, surpassing its target of below 2.0x for fiscal year 2026. Additionally, the Board of Directors approved a quarterly cash dividend of $0.33 per share, payable on December 1, 2026 to shareholders of record as of November 16, 2026. Standard Motor Products is a leading manufacturer and distributor of automotive replacement parts.