Standard Motor reports Q2 adjusted EPS $1.29 vs. 98c last year

Reports Q2 revenue $493.9 M vs. $389.8M last year. CEO Eric Sills stated, “We are very pleased with our strong Q2 results, especially following our record quarter last year. Sales for the quarter increased nearly 27%, or 3.5% excluding the impact of Nissens Automotive. This reflects an ongoing trend, as year-to-date we are up 26%, or 4.1% excluding Nissens. Additionally, adjusted diluted EPS grew 31.6% for the quarter and 47.9% for the year.”