Financial Data and Key Metrics Changes - The company reported a record full-year earnings per diluted share of $4.45, an increase of $0.84 or 23% compared to the previous year [8] - Consolidated net sales for Q4 2021 increased by 9.6% year-over-year, while full-year sales grew by 15.1% to $1.3 billion [31] - The gross margin rate for Engine Management was 27.6% in Q4, down 5.4 points from the previous year, while the full-year gross margin rate was 28.5%, down 1.6 points [27][28] Business Line Data and Key Metrics Changes - Engine Management sales increased by 6% in Q4 and 12% for the full year, driven by new business wins and acquisitions [9] - Temperature Control experienced a significant increase of nearly 24% for the year, attributed to a strong selling season [11] - The gross margin for Temperature Control in Q4 was 27.6%, a decrease of 2.4 points from the previous year, while the full-year gross margin was up 0.6 points to 27.3% [30] Market Data and Key Metrics Changes - The company noted favorable market dynamics with increasing miles driven and a trend of motorists maintaining their vehicles due to difficulties in purchasing new ones [10] - The specialized original equipment (OE) channel represented 24% of Engine Management business in Q4, up from 17% the previous year, indicating a strategic shift [14] Company Strategy and Development Direction - The company is focusing on integrating recent acquisitions and expanding its specialized OE channel, which is seen as a complementary adjacency to its core aftermarket business [15][72] - The company aims to prepare for a post-internal combustion engine world by building a product portfolio that is not solely reliant on traditional vehicles [16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate challenges and maintain strong performance despite facing inflationary pressures and supply chain disruptions [45] - For 2022, the company expects sales growth in the low to mid-single digits, with gross margins projected to be in the range of 28% to 29% [40][41] Other Important Information - The company increased its inventory levels to mitigate supply chain disruptions, resulting in a total inventory of $468.8 million, up $123.3 million from the previous year [36][21] - The company reported cash generated from operations of $85.6 million for the year, with significant investments made in acquisitions and capital expenditures [38] Q&A Session Summary Question: Can you discuss the low to mid-single-digit sales guidance for 2022? - Management acknowledged uncertainty in the market but emphasized a return to normal organic growth, with potential impacts from acquisitions and previous demand pull-forward [49][50] Question: What are the margin expectations for Engine Management and Temperature Control? - Management indicated that margins are expected to remain relatively static, with Engine Management around 28% and Temperature Control at 27% plus [52][53] Question: Can you elaborate on cross-selling opportunities from the specialty OE business? - Management noted early integration efforts and identified potential cross-selling opportunities among acquired businesses, enhancing customer access to a broader product range [54] Question: What is the inventory situation for Temperature Control going into spring? - Management reported that inventory levels are balanced, with major players neither overstocked nor under-stocked, setting a good starting point for the year [61][62] Question: Are customers migrating towards near shore sourcing due to supply chain challenges? - Management observed that customers are reevaluating their supplier relationships, which has led to new business opportunities for the company [66] Question: What are the long-term targets for the specialty OE business? - Management stated that while there are no specific targets, there is significant growth potential in the fragmented specialty OE market [71][72] Question: How does the company approach recapturing inflationary costs? - Management indicated that there is a greater acceptance among customers to pass on costs due to the non-discretionary nature of their products [78] Question: What is the company's dividend payout philosophy? - Management mentioned a target payout ratio of around 30%, with a history of annual increases in dividends [81]

Standard Motor Products, Inc. 1 Q3 2021 Investor Presentation 2 Forward Looking Statements You should be aware that except for historical information, the matters discussed here in are forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward looking statements, including projections and anticipated levels of future performance, are based on current information and assumptions and involve risks and uncertainties which may cause actual results to differ ma ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 or FORM 10-Q ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. (Mark One) Commission file number: 001-04743 ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended September 30, 2021 Standard Motor Products, Inc. (Exact name of registrant as specified in its charter) New York 11-1362020 (State or other jurisdiction of incorporati ...

Standard Motor Products, Inc. (NYSE:SMP) Q2 2021 Earnings Conference Call August 4, 2021 11:00 AM ET Company Participants Lawrence Sills - Chairman Nathan Iles - CFO Eric Sills - CEO, President & Director James Burke - COO Conference Call Participants Bret Jordan - Jefferies Scott Stember - CL King & Associates Robert Smith - Center for Performance Investing Andrew Ryan - Stephens Inc. Carolina Jolly - Gabelli Operator Good day, everyone, and welcome to today's Standard Motor Products Second Quarter Earning ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934. Commission file number: 001-04743 Standard Motor Products, Inc. (Exact name of registrant as specified in its charter) New York 11-1362020 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 37-18 Northern Blvd., Long Island City, New York 11101 (Address of principal executive o ...

Standard Motor Products, Inc. (NYSE:SMP) Q1 2021 Earnings Conference Call May 5, 2021 11:00 AM ET Company Participants Larry Sills - Chairman of the Board Eric Sills - President and CEO Jim Burke - Chief Operating Officer Nathan Iles - Chief Financial Officer Conference Call Participants Daniel Imbro - Stephens, Inc. Matt Brooklier - Buckingham Scott Stember - C.L. King Bret Jordan - Jefferies Operator Ladies and gentlemen, good day, and thank you all for joining us for this Standard Motor Products' First Q ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended March 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. Commission file number: 001-04743 Standard Motor Products, Inc. (Exact name of registrant as specified in its charter) New York 11-1362020 (State or other jurisdiction of incorporation o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Mark One) For the fiscal year ended December 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transaction period from ____ to ____ Commission file number: 001-04743 Standard Motor Products, Inc. (Exact name of registrant as specified in its charter) New York 11-1362020 (State or ...

Standard Motor Products, Inc. (NYSE:SMP) Q4 2020 Earnings Conference Call February 23, 2021 11:00 AM ET Company Participants Larry Sills – Executive Chairman Nathan Iles – Chief Financial Officer Eric Sills – President and Chief Executive Officer Jim Burke – Chief Operating Officer Conference Call Participants Scott Stember – CL King Andrew Ryan – Stephens Inc. Bret Jordan – Jefferies Robert Smith – Center for Performance and Investing Operator Good day, everyone, and welcome to today's Standard Motor Produ ...

Standard Motor Products, Inc. (NYSE:SMP) Q3 2020 Earnings Conference Call October 28, 2020 11:00 AM ET Company Participants Larry Sills – Executive Chairman Nathan Iles – Chief Financial Officer Eric Sills – President and Chief Executive Officer Jim Burke – Chief Operating Officer Conference Call Participants Scott Stember – CL King Daniel Imbro – Stephens Inc. Bret Jordan – Jefferies Robert Smith – Center for Performance and Investing] Carolina Jolly – Gabelli Operator Good day, everyone, and welcome to to ...