Standard Motor Products Returns to Q3 Profit, Reaffirms FY26 Sales Growth Outlook; Shares Jump 10.9%

Standard Motor Products Inc. (SMP) returned to profit in its third quarter of 2026, reporting net earnings of $14.15 million, or $0.62 per share, compared with a $4.34 million loss a year earlier. Shares rose 10.90% to $42.42 on the New York Stock Exchange following Friday's announcement. Net sales increased to $507.8 million from $498.8 million, while adjusted earnings from continuing operations rose to $35.3 million, or $1.54 per share, from $30.6 million, or $1.36 per share. Adjusted EBITDA climbed to $66.6 million from $61.7 million, driven by the Vehicle Control and Nissens segments. The company reiterated its full-year 2026 outlook, expecting low- to mid-single-digit sales growth and adjusted EBITDA of 11 to 12 percent. Its board approved a quarterly dividend of $0.33 per share, payable December 1, 2026, to shareholders of record on November 16, 2026.