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Standard Motor Products, Inc. (SMP) CEO Eric Sills on Q1 2022 Results - Earnings Call Transcript

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Standard Motor Products, Inc. (NYSE:SMP) Q1 2022 Earnings Conference Call May 3, 2022 11:00 AM ET

Company Participants

Tony Cristello - VP, IR

Eric Sills - Director, CEO and President

James Burke - COO

Nathan Iles - CFO

Lawrence Sills - Chairman

Conference Call Participants

Joe Enderlin - Stephens, Inc.

Bret Jordan - Jefferies & Co.

Robert Smith - Center for Performance Investing


Good day, everyone and welcome to the Standard Motor Products First Quarter 2022 Earnings Call. [Operator Instructions] Please note today's call will be recorded, and I will be standing by should you need any assistance.

It is now my pleasure to turn the conference over to Tony Cristello. Please go ahead.

Tony Cristello

Thank you, Chloe. Good morning, everyone, and thank you for joining us on Standard Motor Products’ first quarter 2022 earnings call. I'm Tony Cristello, Vice President of Investor Relations, and with me today are Larry Sills, Chairman of the Board; Eric Sills, President and CEO; Jim Burke, Chief Operating Officer; and Nathan Iles, Chief Financial Officer.

On our call today, Eric will provide an overview of our performance in the quarter, followed by Jim who will give an update on the operations and supply chain. Nathan will discuss our financial results and outlook, and Larry will offer some comments on recent Board changes. Eric will then provide some concluding remarks and open the call up for Q&A.

Before we begin this morning, I'd like to remind you that some of the material that we'll be discussing today may include forward-looking statements regarding our business and expected financial results. When we use words like anticipate, believe, estimate or expect, these are generally forward-looking statements. Although we believe that the expectations reflected in these forward-looking statements are reasonable, they are based on information currently available to us and certain assumptions made by

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