Standard Motor Products posted Q2 net sales of USD 501.6 million, up 1.56% year over year; GAAP diluted EPS from continuing operations rose to USD 1.39.
GAAP earnings from continuing operations climbed to USD 31.8 million; non-GAAP diluted EPS from continuing operations increased 8.6% to USD 1.40.
Adjusted net sales rose 6.7% to USD 526.7 million; adjusted EBITDA hit a record USD 63.5 million.
Cash flow, leverage and outlook
Year-to-date operating cash flow improved by USD 64.2 million; net debt leverage fell to 2.5x, with net debt at USD 510.2 million.
The company reaffirmed its 2026 outlook for low-to-mid single-digit sales growth and adjusted EBITDA margin of 11%-12%.
SMP•
