STRT - Earnings announcements

Strong balance sheet provides financial flexibility with $107 million of cash; $11.4 million of cash generated from operations in the third quarter Sales declined 4.5%, consistent with expectations, on lower North American OEM automotive production volumes of key platforms Gross margin improved 50 basis points year-over-year to 16.5%, despite the sales decline and 170 basis point foreign currency exchange rate headwind Net income attributable to Strattec was $3.2 million, or $0.78 per diluted share; Adjusted EBITDA1 was $10.1 million, or 7.3% of net sales Strattec (NASDAQ:STRT), a global provider of highly engineered access solutions for the automotive and mobility industries,

Strattec (NASDAQ:STRT), a global provider of highly engineered access solutions for the automotive and mobility industries, today announced that it will release its fiscal 2026 third quarter results after the close of financial markets on Thursday, May 7, 2026. The Company will host a conference call and webcast on Friday, May 8, 2026, to review the financial and operating results for the period ended March 29, 2026. A question-and-answer session will follow. Third Quarter 2026 Conference Call Date: Friday, May 8, 2026 Time: 8:00 a.m. Central Time Phone: +1 (201) 689-8470 Webcast and accompanying slide presentation: investors.strattec.com A telephonic replay will be available from 1

Sales for the quarter grew 6% to $137.5 million driven by pricing, new program launches, customer inventory builds and select platform successes Gross margin for the quarter was 16.5%, compared with 13.2% in the prior year period Net income attributable to Strattec for the second quarter fiscal 2026 was $4.9 million, or $1.20 per diluted share; compared with $0.32 per diluted share in the prior year period Adjusted EBITDA1 was $12.3 million, or 8.9% of sales, compared with $8.0 million in the prior year second quarter. Strong balance sheet provides financial flexibility; $99.0 million in cash and $2.5 million in debt Furthered fiscal 2026 restructuring actions which collecti

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 2026 second quarter results after the close of financial markets on Thursday, February 5, 2026. The Company will host a conference call and webcast on Friday, February 6, 2026, to review the financial and operating results for the period ended December 28, 2025. A question-and-answer session will follow. Second Quarter 2026 Conference Call Date: Friday, February 6, 2026 Time: 9:00 a.m. Eastern Time Phone: +1 (201) 689-8470 Webcast and accompanying slide

Gross margin for the quarter was 17.3% on $152.4 million in sales Net income attributable to Strattec for the first quarter fiscal 2026 was $8.5 million, or $2.07 per diluted share; adjusted EBITDA1 was $15.6 million, or 10.2% of sales Generated $11.3 million in cash from operations similar to the first quarter of fiscal 2025 Strong balance sheet provides financial flexibility; $90.5 million in cash and $5.0 million in debt Continued actions to streamline organization; additional restructuring in Mexico operations expected to provide approximately $1 million in annualized savings Strattec Security Corporation (NASDAQ:STRT) ("Company" or "Strattec"), a leading provider of sm

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 2026 first quarter results after the close of financial markets on Thursday, October 30, 2025. The Company will host a conference call and webcast on Friday, October 31, 2025, to review the financial and operating results for the period ended September 28, 2025. A question-and-answer session will follow. First Quarter 2026 Conference Call Date: Friday, October 31, 2025 Time: 9:00 a.m. Eastern Time Phone: +1 (201) 689-

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