Standard Motor Products reports second-quarter profit rise to $30.37 million

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Standard Motor Products posted a second-quarter profit of $30.37 million, or $1.33 per share, up from $25.24 million, or $1.13 per share, a year earlier. Excluding items, adjusted earnings came to $31.9 million, or $1.40 per share. Revenue rose 1.6% to $501.60 million from $493.85 million. The company reaffirmed its full-year 2026 outlook for low to mid-single digit sales growth.

Impact on assets 1

Consumer Discretionary▲
Standard Motor Products Inc
SMP
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Second-quarter profit and adjusted earnings rose year-over-year, with revenue up 1.6% and reaffirmed outlook.