Strattec Security Corporation designs, develops, manufactures, and markets automotive access control products under the VAST Automotive Group brand primarily in North America. The company offers mechanical and electronically enhanced locks and keys, passive entry passive start systems, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power tailgate and lift gate systems, power deck lid systems, door handles, and related products. It also provides full service and aftermarket support services for its products. The company markets its products to automotive and light truck original equipment manufacturers, as well as other transportation-related manufacturers; and through wholesale distributors, other marketers, and users of component parts, as well as certain products to non-automotive commercial customers. It also exports its products to Europe, South America, Korea, China, and India. Strattec Security Corporation was founded in 1908 and is headquartered in Milwaukee, Wisconsin.
IPO Year:
Exchange: NASDAQ
Website: strattec.com
| Date | Price Target | Rating | Analyst |
|---|
Fastest customizable press release news feed in the world
Gross margin for the quarter was 16.7% compared with 13.0% in prior year period; fiscal 2025 gross margin was 15.0%, a 280 basis point improvement year-over-year on sales of $565.1 million Cash from operations was $30.2 million in fiscal 2025 fourth quarter and $71.7 million for the full year Further strengthened already healthy balance sheet by reducing debt by $5 million; $84.6 million in cash enables continued investment in transformation efforts and provides safeguard against near term market tempering Net income attributable to Strattec for the fourth quarter fiscal 2025 was $8.3 million, or $2.01 per diluted share; adjusted EBITDA1 was $13.0 million, or 8.5% of sales Net
Strattec Security Corporation (NASDAQ:STRT) ("Company"), a leading provider of smart vehicle access, security and authorization solutions for the global automotive industry, today announced that Jennifer Slater, President & CEO, and Matthew Pauli, Chief Financial Officer, will present and host investor meetings at the Midwest IDEAS Investor Conference in Chicago, IL on Tuesday, August 26, 2025. The Company presentation is scheduled to begin at 10:00 a.m. Central Time. A live audio webcast of the event with accompanying slides will be available at STRT Investor Relations. An archive of the presentation will be available at the same link following the conference. About Strattec Strattec
Strattec Security Corporation (NASDAQ:STRT) ("Strattec" or "Company"), a leading provider of smart vehicle access, security and authorization solutions for the global automotive industry, today announced that it will release its fiscal 2025 fourth quarter and fiscal year results after the close of financial markets on Thursday, August 14, 2025. The Company will host a conference call and webcast on Friday, August 15, 2025, to review the financial and operating results for the period ended June 29, 2025. A question-and-answer session will follow. Fourth Quarter & Fiscal Year 2025 Conference Call Date: Friday, August 15, 2025 Time: 9:00 a.m. Eastern Time
STRATTEC SECURITY CORPORATION (NASDAQ:STRT) ("STRATTEC" or "Company"), a leading provider of smart vehicle access, security and authorization solutions for the global automotive industry, today announced that it has been added to the Russell 2000® and the broad-market Russell 3000® Indexes, following the 2025 annual reconstitution of the Russell indexes. STRATTEC's inclusion became effective after the U.S. market closed on Friday, June 27, 2025. "Our inclusion in the Russell indexes is a meaningful milestone that reflects the continued progress we're making to transform STRATTEC into a stronger, more resilient company," said Jennifer Slater, President and CEO. "We've taken deliberate acti
STRATTEC SECURITY CORPORATION (NASDAQ:STRT) ("Company"), a leading provider of smart vehicle access, security and authorization solutions for the global automotive industry, today announced that Jennifer Slater, President & CEO, and Matthew Pauli, Chief Financial Officer, will present and host investor meetings at the East Coast IDEAS Investor Conference in New York, NY on Wednesday, June 11, 2025. The Company presentation is scheduled to begin at 9:15 a.m. Eastern Time. A live audio webcast of the event with accompanying slides will be available at STRT Investor Relations. An archive of the presentation will be available at the same link following the conference. About STRATTEC STRAT
Strong cash generation of $20.7 million in fiscal 2025 third quarter, the result of cash earnings and improved working capital velocity Healthy balance sheet with limited debt and $62 million of cash provides safeguard against near term tariff turmoil and tempering market conditions Net income attributable to STRATTEC Security Corporation was $5.4 million, or $1.32 per diluted share, compared with $1.5 million, or $0.37 per diluted share, in the year ago quarter Delivered adjusted EBITDA1 of $12.9 million, or 8.9% of sales, compared with $6.2 million, or 4.4%, in prior-year period Further advanced cost reduction efforts with restructuring of Mexico operations in March; bringing tot
STRATTEC SECURITY CORPORATION (NASDAQ:STRT) ("STRATTEC" or "Company"), a leading provider of smart vehicle access, security and authorization solutions for the global automotive industry, today announced that it will release its third quarter fiscal year 2025 results after the close of financial markets on Thursday, May 8, 2025. The Company will host a conference call and webcast on Friday, May 9, 2025, to review the financial and operating results for the period ended March 30, 2025. A question-and-answer session will follow. Third Quarter Fiscal Year 2025 Conference Call Date: Friday, May 9, 2025 Time: 9:00 a.m. Eastern Time Phone: (201) 689-8470 Webcast and a
Grew revenue $11.4 million to $129.9 million in the quarter as a result of new program launches and increased demand from customers Net income attributable to STRATTEC Security Corporation was $1.3 million, or diluted EPS of $0.32, compared with $1.0 million, or diluted EPS of $0.26, in the year ago quarter Adjusted diluted earnings per share1 were $0.65, compared with $0.36 in the prior year Generated $9.4 million in cash from operations, bringing year-to-date cashflow from operations to $20.8 million Delivered adjusted EBITDA1 of $8.0 million, or 6.1% of sales, compared with $5.0 million, or 4.3%, in the prior-year second quarter Transformation efforts continue to focus o
STRATTEC SECURITY CORPORATION (NASDAQ:STRT) ("STRATTEC" or "Company"), a leading provider of smart vehicle power access, security & authorization solutions for the global automotive industry, today announced that it will release its second quarter fiscal year 2025 results after the close of financial markets on Thursday, February 6, 2025. The Company will host a conference call and webcast on Friday, February 7, 2025 to review the financial and operating results for the period ended December 29, 2024. A question-and-answer session will follow. Second Quarter Fiscal Year 2025 Conference Call Date: Friday, February 7, 2025 Time: 9:00 a.m. Eastern Time Ph
Looking to upgrade and modernize operations while evaluating footprint STRATTEC SECURITY CORPORATION (NASDAQ:STRT) ("STRATTEC" or "Company"), a leading provider of smart vehicle power access, security & authorization solutions for the global automotive industry, today announced that it will be listing its Milwaukee facility on the market for sale to inform its evaluation of opportunities for upgraded and modernized operations. The evaluation will include identifying the best operational space for manufacturing and also office accommodations for the corporate offices, both ideally in the Milwaukee area assuming economics allow. In addition, given improving productivity and operational pe
Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
8-K - STRATTEC SECURITY CORP (0000933034) (Filer)
SCHEDULE 13G - STRATTEC SECURITY CORP (0000933034) (Subject)
SCHEDULE 13D/A - STRATTEC SECURITY CORP (0000933034) (Subject)
SCHEDULE 13G - STRATTEC SECURITY CORP (0000933034) (Subject)
SD - STRATTEC SECURITY CORP (0000933034) (Filer)
10-Q - STRATTEC SECURITY CORP (0000933034) (Filer)
8-K - STRATTEC SECURITY CORP (0000933034) (Filer)
SCHEDULE 13G/A - STRATTEC SECURITY CORP (0000933034) (Subject)
8-K - STRATTEC SECURITY CORP (0000933034) (Filer)
SCHEDULE 13D/A - STRATTEC SECURITY CORP (0000933034) (Subject)
Live finance-specific insights
Gross margin for the quarter was 16.7% compared with 13.0% in prior year period; fiscal 2025 gross margin was 15.0%, a 280 basis point improvement year-over-year on sales of $565.1 million Cash from operations was $30.2 million in fiscal 2025 fourth quarter and $71.7 million for the full year Further strengthened already healthy balance sheet by reducing debt by $5 million; $84.6 million in cash enables continued investment in transformation efforts and provides safeguard against near term market tempering Net income attributable to Strattec for the fourth quarter fiscal 2025 was $8.3 million, or $2.01 per diluted share; adjusted EBITDA1 was $13.0 million, or 8.5% of sales Net
Strattec Security Corporation (NASDAQ:STRT) ("Strattec" or "Company"), a leading provider of smart vehicle access, security and authorization solutions for the global automotive industry, today announced that it will release its fiscal 2025 fourth quarter and fiscal year results after the close of financial markets on Thursday, August 14, 2025. The Company will host a conference call and webcast on Friday, August 15, 2025, to review the financial and operating results for the period ended June 29, 2025. A question-and-answer session will follow. Fourth Quarter & Fiscal Year 2025 Conference Call Date: Friday, August 15, 2025 Time: 9:00 a.m. Eastern Time
Strong cash generation of $20.7 million in fiscal 2025 third quarter, the result of cash earnings and improved working capital velocity Healthy balance sheet with limited debt and $62 million of cash provides safeguard against near term tariff turmoil and tempering market conditions Net income attributable to STRATTEC Security Corporation was $5.4 million, or $1.32 per diluted share, compared with $1.5 million, or $0.37 per diluted share, in the year ago quarter Delivered adjusted EBITDA1 of $12.9 million, or 8.9% of sales, compared with $6.2 million, or 4.4%, in prior-year period Further advanced cost reduction efforts with restructuring of Mexico operations in March; bringing tot
STRATTEC SECURITY CORPORATION (NASDAQ:STRT) ("STRATTEC" or "Company"), a leading provider of smart vehicle access, security and authorization solutions for the global automotive industry, today announced that it will release its third quarter fiscal year 2025 results after the close of financial markets on Thursday, May 8, 2025. The Company will host a conference call and webcast on Friday, May 9, 2025, to review the financial and operating results for the period ended March 30, 2025. A question-and-answer session will follow. Third Quarter Fiscal Year 2025 Conference Call Date: Friday, May 9, 2025 Time: 9:00 a.m. Eastern Time Phone: (201) 689-8470 Webcast and a
Grew revenue $11.4 million to $129.9 million in the quarter as a result of new program launches and increased demand from customers Net income attributable to STRATTEC Security Corporation was $1.3 million, or diluted EPS of $0.32, compared with $1.0 million, or diluted EPS of $0.26, in the year ago quarter Adjusted diluted earnings per share1 were $0.65, compared with $0.36 in the prior year Generated $9.4 million in cash from operations, bringing year-to-date cashflow from operations to $20.8 million Delivered adjusted EBITDA1 of $8.0 million, or 6.1% of sales, compared with $5.0 million, or 4.3%, in the prior-year second quarter Transformation efforts continue to focus o
STRATTEC SECURITY CORPORATION (NASDAQ:STRT) ("STRATTEC" or "Company"), a leading provider of smart vehicle power access, security & authorization solutions for the global automotive industry, today announced that it will release its second quarter fiscal year 2025 results after the close of financial markets on Thursday, February 6, 2025. The Company will host a conference call and webcast on Friday, February 7, 2025 to review the financial and operating results for the period ended December 29, 2024. A question-and-answer session will follow. Second Quarter Fiscal Year 2025 Conference Call Date: Friday, February 7, 2025 Time: 9:00 a.m. Eastern Time Ph
Generated cash from operations of $11.3 million Reduced pre-production costs, primarily customer tooling, by $6.9 million Grew revenue 2.7% year-over-year, reflecting ongoing pricing benefit and higher overall sales Achieved gross margin of 13.6% versus 13.8% in prior-year period (which included a 470 bps net benefit of one-time pricing) Rethinking product portfolio and identifying opportunities to optimize operational footprint and improve profitability STRATTEC SECURITY CORPORATION (NASDAQ:STRT) ("Company"), a leading provider of smart vehicle access, security and authorization solutions for the global automotive industry, reported financial results for its first quarter of fis
STRATTEC SECURITY CORPORATION (NASDAQ:STRT) ("STRATTEC" or "Company"), a leading provider of smart vehicle power access, security & authorization solutions for the global automotive industry, today announced that it will release its first quarter fiscal year 2025 results after the close of financial markets on Monday, November 4, 2024. The Company will host a conference call and webcast that day to review the financial and operating results for the period ended September 29, 2024. A question-and-answer session will follow. First Quarter Fiscal Year 2025 Conference Call Date: Monday, November 4, 2024 Time: 4:45 p.m. Eastern Time Phone: (201) 689-8470
MILWAUKEE, Aug. 08, 2024 (GLOBE NEWSWIRE) -- STRATTEC SECURITY CORPORATION (NASDAQ:STRT) is a market leader of a comprehensive range of "Smart" Vehicle Power Access and Electronic and Security Solutions, serving the global automotive industry. Fourth Quarter Fiscal 2024 Financial Highlights Diluted earnings per share of $2.39 versus $0.69 loss last yearGross Margins expanded to 13.0% compared with 9.3% last yearRevenues increased by 8.2%, driven by pricing increases and new product sales STRATTEC President and CEO Jennifer Slater said, "The financial performance of the business continued due to improved pricing, and new product introductions which are expanding STRATTEC's offerings to o
MILWAUKEE, May 09, 2024 (GLOBE NEWSWIRE) -- STRATTEC SECURITY CORPORATION (NASDAQ:STRT) is a market leader of a comprehensive range of "Smart" Vehicle Power Access and Electronic and Security Solutions, serving the global automotive industry. Third Quarter Fiscal 2024 Financial Highlights Diluted earnings per share of $0.37 versus $0.57 loss last yearGross Margins expanded to 10.4% compared with 7.9% last yearRevenues increased by 10.7%, driven by pricing increases and new product sales STRATTEC Interim CEO Rolando Guillot said, "This quarter we continued to make progress on our financial performance due to improved pricing and new product introductions that are expand
Live Leadership Updates
Dennis Bowe to continue in advisory role to support transition STRATTEC SECURITY CORPORATION (NASDAQ:STRT) ("STRATTEC" or "Company"), a leading provider of smart vehicle power access, security & authorization solutions for the global automotive industry, today announced the Board of Directors of STRATTEC has appointed Matthew Pauli as Senior Vice President, Chief Financial Officer effective November 13, 2024. He will succeed Dennis Bowe, who will be continuing with the Company in an advisory role to aid in the transition. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241111337953/en/The Board of Directors of STRATTEC has appo
STRATTEC SECURITY CORPORATION (NASDAQ:STRT) ("STRATTEC" or "Company"), a leading provider of smart vehicle power access, security & authorization solutions for the global automotive industry, today announced the appointment of Chey Becker-Varto as Chief Commercial Officer and Linda Redmann as Chief People Officer, a newly created position. Both officers will report to CEO Jennifer L. Slater effective November 11, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241104708510/en/Chey Becker-Varto appointed as Chief Commercial Officer (Photo: Business Wire) Jennifer Slater, STRATTEC President and CEO, noted, "As we work to trans
MILWAUKEE, June 14, 2024 (GLOBE NEWSWIRE) -- The Board of Directors ("Board") of STRATTEC SECURITY CORPORATION (NASDAQ:STRT) (the "Company") is proud to announce the appointment of Jennifer L. Slater as the Company's President and Chief Executive Officer and Board member, each effective July 1, 2024. Slater is a senior executive at Sensata Technologies, Inc. with over 25 years of experience as a leader and a manager. Her experience includes general management, engineering, finance, sales and strategy. She has delivered results for owners across a diverse set of enterprises that include publicly traded companies, privately held firms, and private equity owners. Board Chair, F. Jack Liebau,
MILWAUKEE, Nov. 13, 2023 (GLOBE NEWSWIRE) -- STRATTEC SECURITY CORPORATION (NASDAQ:STRT) ("STRATTEC" or the "Company"), today announced that Frank J. Krejci, President and Chief Executive Officer, will retire from employment with the Company effective December 31, 2023. He will also retire from the Company's Board of Directors on December 31st. Mr. Krejci became a member of STRATTEC's inaugural Board of Directors in 1995 and has been a valued Board member for over 28 years. He became an Officer of STRATTEC in 2010, serving as President, and has served as President and Chief Executive Officer since September 1, 2012. Rolando Guillot, Senior Vice President – Operations and Chief Operating
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
3 - STRATTEC SECURITY CORP (0000933034) (Issuer)
3 - STRATTEC SECURITY CORP (0000933034) (Issuer)
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
This live feed shows all institutional transactions in real time.
SC 13D/A - STRATTEC SECURITY CORP (0000933034) (Subject)
SC 13G - STRATTEC SECURITY CORP (0000933034) (Subject)
SC 13D/A - STRATTEC SECURITY CORP (0000933034) (Subject)
SC 13G/A - STRATTEC SECURITY CORP (0000933034) (Subject)
SC 13G/A - STRATTEC SECURITY CORP (0000933034) (Subject)
SC 13G/A - STRATTEC SECURITY CORP (0000933034) (Subject)
SC 13G/A - STRATTEC SECURITY CORP (0000933034) (Subject)
SC 13D - STRATTEC SECURITY CORP (0000933034) (Subject)
SC 13D/A - STRATTEC SECURITY CORP (0000933034) (Subject)
SC 13G/A - STRATTEC SECURITY CORP (0000933034) (Subject)