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- Material Weakness (new) — The company now discloses an unremediated material weakness in IT controls at its Nissens Automotive segment, making disclosure controls ineffective.
SMP Q3 sales rise 1.8% to $507.8M; material weakness disclosed in Nissens IT controls
Filed October 30, 2026 · Period ending September 30, 2026 · Compared to 10-Q Oct 31, 2025 · ~1 min read
Key Changes
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high
Disclosure controls are now ineffective due to an unremediated material weakness in IT controls at the Nissens Automotive segment; remediation is underway.
Controls verify on EDGAR → -
high
Asbestos liability estimate increased to $137.9M–$295.1M, with a $23.3M incremental charge; outstanding cases rose to ~1,050.
Legal Proceedings verify on EDGAR → -
medium
Operating income rose 5% to $50.1M on net sales of $507.8M (+1.8%); net income was $14.1M, or $0.62 per diluted share.
MD&A verify on EDGAR →
2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Nov 2, 2026 · How we verify