SMP Q2 sales up 1.6% to $501.6M, but material weakness in Nissens IT controls surfaces

Filed August 4, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 5, 2025 · ~1 min read

Key Changes

• high

  Disclosure controls now ineffective due to an unremediated material weakness in IT controls at Nissens Automotive.

  Controls verify on EDGAR →
• high

  Asbestos liability estimate jumps to $127.5M–$275.9M; outstanding cases up 24% to 1,055.

  Legal Proceedings verify on EDGAR →
• high

  Q2 revenue rose 1.6% to $501.6M; gross margin up 220bps to 32.8%, partly from IEEPA tariff refunds.

  MD&A verify on EDGAR →