{"filings":[{"id":2468357,"accession_number":"0000933034-26-000003","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2026-08-25T21:14:36+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Strattec Q4 FY2026: sales flat at $151.8M, adj EPS $2.06 flat, FY EBITDA up 15.3%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $151.8M vs $152.0M prior year; FY2026 sales $579.4M, gross margin expanded to 16.5% from 15.0%.","Q4 GAAP net income attributable to Strattec $3.9M ($0.95/diluted share); adjusted EPS $2.06 unchanged YoY.","FY2026 Adjusted EBITDA $50.5M, up 15.3% YoY; Q4 Adjusted EBITDA $12.5M (8.3% of sales).","Cash and equivalents $108.2M, no debt; repurchased 110,269 shares for $7.4M at $67.10 avg.","New $40M share buyback authorization; Q4 impacted by $3.2M cancelled EV programs and $1.4M transformation costs."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":722212,"accession_number":"0001193125-26-245261","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2026-05-28T20:15:16+00:00","items":["7.01","9.01"],"status":"ready","headline":"Strattec authorizes new $40M share repurchase program, replacing 1996 plan","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board authorized new $40M share repurchase, replacing the prior program initiated in 1996.","Program has no fixed expiration; purchases may be made via open market, block trades, or 10b5-1 plans.","During Q4 prior to program termination, STRT repurchased 110,269 shares at avg $67.10.","CEO Slater stated strong cash position enables continued investment in transformation while returning capital."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":99878,"accession_number":"0001193125-26-212420","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Strattec Q3 FY2026 EPS $0.78; sales down 4.5% to $137.6M; cash $107M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $137.6M, down $6.5M (4.5%) YoY; gross margin improved 50bps to 16.5%.","Net income $3.2M ($0.78 diluted EPS); adjusted EPS $0.90 vs. $1.50 prior year.","Adjusted EBITDA $10.1M (7.3% margin) vs. $12.9M (8.9%) in Q3 FY2025.","Cash from operations $11.4M; total cash $107M, up from $84.6M at fiscal year-end.","Customer EV program cancellations reduced sales by $3.4M; tariff recoveries contributed $0.6M."],"consensus_eps_estimate":null,"consensus_eps_actual":4.04,"consensus_revenue_estimate":null,"consensus_revenue_actual":427565000.0,"consensus_period":"2026-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":99877,"accession_number":"0001193125-26-197481","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2026-04-30T23:59:59+00:00","items":["1.02"],"status":"ready","headline":"Strattec's JV replacement credit agreement releases company from guaranty obligations","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Effective April 30, 2026, ADAC-STRATTEC entered a new credit agreement with BMO Bank N.A., replacing the prior 2012 agreement.","Strattec's guaranty, liens, and related obligations under the prior credit agreement were terminated and released.","Strattec is not a borrower, guarantor, or credit support party under the new JV credit agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":116153,"accession_number":"0001193125-26-039481","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2026-02-05T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"STRATTEC Q2 EPS $1.20, revenue $137.5M, up 6% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $4.9M ($1.20 diluted EPS) vs $0.32 prior year.","Revenue $137.5M, up 6% driven by pricing, new programs, customer builds.","Gross margin 16.5% vs 13.2%; Adj. EBITDA $12.3M (8.9% of sales).","Cash from operations $14M; $99M cash, $2.5M debt.","Restructuring actions expected to yield $3.4M annual savings; voluntary early retirement program."],"consensus_eps_estimate":null,"consensus_eps_actual":3.26,"consensus_revenue_estimate":null,"consensus_revenue_actual":289933000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":132598,"accession_number":"0001193125-25-258802","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2025-10-30T23:59:59+00:00","items":["1.01","2.02","2.03","7.01","9.01"],"status":"ready","headline":"Strattec reports Q1 FY2026 net income $8.5M ($2.07/diluted EPS) on $152.4M sales; new $40M credit facility","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Gross margin 17.3%; adjusted EBITDA $15.6M (10.2% of sales).","Cash from operations $11.3M; balance sheet strong with $90.5M cash and $5.0M debt.","Entered amended $40M secured revolving credit facility with BMO Bank, matures Oct 2028.","Additional restructuring in Mexico expected to generate ~$1M in annualized savings.","Company cites uncertain tariff environment and supply chain challenges as headwinds."],"consensus_eps_estimate":null,"consensus_eps_actual":2.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":152399000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":132597,"accession_number":"0001193125-25-241627","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2025-10-17T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Strattec shareholders elect all director nominees, ratify auditor, approve say-on-pay","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All six director nominees elected; highest against vote was 129,870 for F. Jack Liebau, Jr.","Ratification of Deloitte & Touche as independent auditor passed 2,773,880 for, 109,390 against.","Advisory vote on executive compensation approved with 75.76% of shares voted 'for'.","Shareholder turnout of 69.36% of outstanding shares (2,885,669 represented)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":149127,"accession_number":"0001193125-25-180821","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2025-08-14T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Strattec Q4 FY2025 net income $8.3M ($2.01 EPS), gross margin 16.7% vs 13.0% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income attributable to Strattec $8.3M ($2.01 diluted EPS) for Q4; full year $18.7M ($4.58 EPS).","Gross margin improved to 16.7% in Q4 from 13.0% prior year; full year gross margin 15.0%, up 280 bps.","Cash from operations $30.2M in Q4 and $71.7M for fiscal 2025; debt reduced $5M; cash balance $84.6M.","Adjusted EBITDA $13.0M (8.5% of sales) in Q4; tariff cost increase estimated at $5M-$7M before mitigation."],"consensus_eps_estimate":null,"consensus_eps_actual":4.58,"consensus_revenue_estimate":null,"consensus_revenue_actual":565066000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":168123,"accession_number":"0000950170-25-067148","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2025-05-08T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"STRATTEC Q3 net income $5.4M; adj EBITDA margin 8.9%, cash from ops $20.7M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income attributable to STRT of $5.4M ($1.32 diluted EPS) vs $1.5M ($0.37) in prior-year quarter.","Adjusted EBITDA $12.9M (8.9% of sales) vs $6.2M (4.4%) YoY; adjusted diluted EPS $1.50.","Generated $20.7M cash from operations in Q3; total cash $62.1M with no revolver borrowings.","Estimates annual tariff impact $9-12M before mitigation; shifting supply chain, passing costs to customers.","Restructuring actions in Mexico and Milwaukee to generate ~$5M annual savings; headcount reduced 12% YTD."],"consensus_eps_estimate":1.4994,"consensus_eps_actual":2.56,"consensus_revenue_estimate":null,"consensus_revenue_actual":413053000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":185329,"accession_number":"0000950170-25-047903","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2025-03-31T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"STRATTEC COO Rolando J. Guillot to retire on Sept 30, 2025; search underway","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Rolando J. Guillot, SVP Operations and COO, will retire effective September 30, 2025.","Guillot has been with the company for 35 years.","The company has commenced an executive search for a new operations leader."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":185328,"accession_number":"0000950170-25-015438","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2025-02-06T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"STRATTEC Q2 revenue $129.9M (+9.6% YoY); adj. EPS $0.65 vs $0.36","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $129.9M, up $11.4M (+9.6%) on new program launches and higher demand.","Net income $1.3M ($0.32 EPS); adjusted diluted EPS $0.65 vs $0.36 in prior year.","Operating cash flow $9.4M in Q2; YTD $20.8M. Adjusted EBITDA $8.0M (6.1% of sales) vs $5.0M (4.3%).","Restructuring U.S. manufacturing: shift reductions expected to generate $1.2M annualized savings.","New chief commercial officer and HR leadership hired; company proactively addressing tariff risks."],"consensus_eps_estimate":1.0914,"consensus_eps_actual":1.24,"consensus_revenue_estimate":null,"consensus_revenue_actual":268971000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":201914,"accession_number":"0000950170-24-135036","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2024-12-10T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Strattec to list Milwaukee facility for sale, reduce shifts, cut 20 jobs","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Listing Milwaukee facility for sale to evaluate upgraded and modernized operations.","Reducing from three shifts to two in Q1 2025, eliminating approximately 20 direct labor roles.","Manufacturing team moving to a 10-hour, 4-day work week for flexibility.","Process evaluation expected to take several months; sufficient capacity for customers maintained.","President Jennifer Slater cites improved productivity and team energy behind the changes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":201913,"accession_number":"0000950170-24-124505","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2024-11-12T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Strattec appoints Matthew Pauli as CFO effective Nov 13; Bowe stays as advisor","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Matthew Pauli named SVP & CFO; previously Executive Advisor & CFO of CentroMotion.","Pauli joins from CentroMotion; 24 years of finance experience including Enerpac and Ernst & Young.","Dennis Bowe, current CFO, remains in advisory role through February 7, 2025 to aid transition.","Pauli's base salary set at $470,000; sign-on equity grant of $200,000 in restricted stock.","Eligible for annual bonus target of 60% base salary in FY2025; equity plan participation from FY2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":201912,"accession_number":"0000950170-24-120707","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2024-11-04T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"STRATTEC Q1 FY2025 revenue $139.1M, adjusted EPS $0.92; ops cash flow $11.3M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales attributable to STRT up 2.7% YoY to $139.1M; adjusted net sales +9.1% excluding prior-year $8M one-time pricing.","Gross margin 13.6% vs 13.8% (prior-year included 470 bps benefit); adjusted gross margin improved to 13.6% from 9.1%.","Net income $3.7M ($0.92 diluted EPS) vs $4.2M ($1.05) prior year; adjusted net income $3.7M vs loss of $0.6M.","Cash from operations $11.3M vs cash used $3.9M in Q1 FY2024; capex $2.1M.","Added chief people officer and chief commercial officer; evaluating portfolio and operational footprint for profitability."],"consensus_eps_estimate":null,"consensus_eps_actual":0.92,"consensus_revenue_estimate":null,"consensus_revenue_actual":139052000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":201911,"accession_number":"0000950170-24-119619","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2024-10-31T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"STRATTEC grants CEO Jennifer Slater sign-on and annual equity awards under 2024 EIP","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CEO Slater granted 12,618 restricted shares vesting July 1, 2025 and 25,236 restricted shares vesting in two equal tranches on July 1, 2026 and 2027.","Slater also receives 16,878 restricted shares vesting in three equal annual installments starting Oct 25, 2025.","Awards include 16,878 performance RSUs that may vest based on EBITDA percentage over a three-year period ending June 30, 2027.","Grants made under the 2024 Equity Incentive Plan approved by shareholders on Oct 23, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":201910,"accession_number":"0000950170-24-116723","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2024-10-23T23:59:59+00:00","items":["5.02","5.03","5.07","9.01"],"status":"ready","headline":"STRATTEC shareholders approve 2024 equity plan (550K shares) and declassify board to annual elections","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved 2024 Equity Incentive Plan reserving 550,000 shares for awards (~13.4% of outstanding).","Shareholders approved declassification of board; all directors will now stand for annual election effective immediately.","Voting results: 72.84% for charter amendment; directors elected with >2.9M votes each; say-on-pay passed 78.55%; plan approved 61.10%.","Amended by-laws adopted: annual director terms and revised advance notice periods for shareholder proposals."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":217954,"accession_number":"0000950170-24-107592","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2024-09-18T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"STRATTEC presents at Sidoti Small-Cap Conference with no material new information","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["CEO Jennifer Slater and CFO Dennis Bowe presented virtually at Sidoti Small-Cap Conference on September 18, 2024.","Investor presentation attached as Exhibit 99.1; no specific financial updates or guidance changes disclosed.","Company undertakes no duty to update presentation; information is summary in nature."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":217953,"accession_number":"0000950170-24-102784","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2024-09-03T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"STRATTEC VP Global Sales & CCO Hamdan to depart Oct 3","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Al-Waleed H. Hamdan, Vice President – Global Sales and Product Management and Chief Commercial Officer, leaving effective October 3, 2024.","Departure announced on September 3, 2024; no reason given in the filing.","No replacement named; responsibilities pending internal reassignment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":217952,"accession_number":"0000950170-24-100242","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2024-08-23T23:59:59+00:00","items":["5.03","5.08","9.01"],"status":"ready","headline":"STRATTEC adopts proxy access bylaw; shareholders with 3%+ for 3 years can nominate directors","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board adopted bylaw amendments on August 21, 2024, adding proxy access for director nominations.","Eligible shareholders or groups of up to 20 owning 3%+ of common stock for at least 3 years may nominate candidates.","Maximum shareholder nominees per meeting is the greater of 2 or 20% of board seats (rounded down).","Advance notice deadlines revised: shareholder proposals and nominations due 90-120 days before the prior year's annual meeting anniversary.","New provisions also require detailed disclosures on derivatives, hedging, and voting agreements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":217951,"accession_number":"0000950170-24-093845","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2024-08-08T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"STRATTEC Q4 EPS $2.39 vs loss $0.69; revenue up 8.2% to $143.1M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Diluted EPS of $2.39 compared to $0.69 loss in prior-year quarter; net income $9.6M vs loss $2.7M.","Revenue $143.1M, up 8.2% YoY driven by $6.9M price increases and $3.9M new product sales.","Gross margin expanded to 13.0% from 9.3% on pricing, higher sales, and lower raw material costs.","Full-year net income $16.3M ($4.07 diluted EPS) vs loss $6.7M ($1.70 loss) in FY2023.","Operating cash flow $19.4M in Q4; cash and equivalents $25.4M; total debt $13.0M at JV level."],"consensus_eps_estimate":null,"consensus_eps_actual":4.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":537766000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":237887,"accession_number":"0000950170-24-076799","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2024-06-24T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"STRATTEC grants interim CEO Guillot $108k retention bonus if employed through Dec 31, 2024","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Rolando J. Guillot enters Retention Agreement for $108,000 lump sum if continuously employed through December 31, 2024.","Effective July 1, 2024, Guillot returns to SVP Operations and COO as Jennifer L. Slater becomes President and CEO.","Retention payment equals 30% of Guillot's current base salary; forfeited if employment terminates before Retention Date.","Agreement does not supersede existing employment and change-in-control agreements; employment remains at-will."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":237886,"accession_number":"0000950170-24-073338","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2024-06-14T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"STRATTEC appoints Jennifer Slater as President and CEO effective July 1, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Ms. Slater, age 49, joins from Sensata Technologies (EVP & GM, Performance Sensing) with over 25 years auto industry experience.","Base salary of $650k, sign-on cash bonus of $550k, and a $300k retention bonus payable in two equal installments.","Equity grants: $1M sign-on restricted stock vesting over 3 years; $1.3M initial annual grant for FY2025 and at least $1.3M annually thereafter.","Slater also appointed to the Board effective July 1 and will be nominated for re-election at the 2024 Annual Meeting on October 8, 2024.","She currently serves on the board of Valvoline Inc. (NYSE: VVV) and previously held senior roles at Clarios and Johnson Controls."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":237885,"accession_number":"0000950170-24-067295","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2024-05-31T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"ADAC-Strattec (STRT sub) amends credit: revolver cut to $20M, rates up, maturity to 2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolving commitment reduced from $25M to $20M now, $18M from Aug 1, 2025; maturity extended to Aug 1, 2026.","SOFR loan margin increased from 1.25% to 3.00%; Base Rate margin from 0.00% to 2.00%.","Unused fee raised to 0.25% from 0.15%; minimum tangible net worth covenant increased to $45M.","STRATTEC continues to guarantee the credit facility under its existing corporate guarantee."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":237884,"accession_number":"0000950170-24-064310","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2024-05-24T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"STRATTEC adopts FY2025 non-employee director compensation program","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Annual retainer of $170,000 per non-employee director: $85,000 cash + $85,000 in restricted stock/RSUs.","Additional retainers: Board Chair $60,000; Audit Chair $20,000; Compensation & Nominating Committee Chairs $15,000 each.","Transition year grants in calendar 2025: $50,000 immediate-vest equity grant for FY2024 service; $85,000 grant vesting at next annual meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":237883,"accession_number":"0000950170-24-057407","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2024-05-10T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"STRATTEC reports Q3 EPS $0.37 vs -$0.57 loss; revenue up 10.7%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Diluted EPS $0.37 vs loss of $0.57 last year; net income $1.5M vs loss $2.3M.","Revenue $140.8M (+10.7% YoY) driven by $7.0M pricing increases and $6.6M new product sales.","Gross margin improved to 10.4% from 7.9%, helped by pricing and lower raw material costs, offset by FX and wage headwinds.","Operating cash flow negative $309K vs negative $1.2M; CapEx $1.7M vs $4.2M."],"consensus_eps_estimate":null,"consensus_eps_actual":1.67,"consensus_revenue_estimate":null,"consensus_revenue_actual":394711000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":255371,"accession_number":"0001140361-24-006393","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2024-02-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"STRATTEC reports Q2 fiscal 2024 EPS of $0.26 vs loss of $0.47; revenue up 4.7%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Diluted EPS $0.26 compared to a loss of $0.47 in prior-year quarter; net income of $1.0M vs loss $1.8M.","Revenue $118.5M, +4.7% YoY, driven by $8.0M of customer pricing increases partially offset by $2.7M lower sales to a major customer and UAW strike effects.","Gross margin expanded to 11.4% from 6.5% due to pricing, lower raw material costs, and $780K Mexican operations efficiencies; offset by $2.5M FX headwinds and $1.3M Mexico minimum wage increase.","Operating cash flow negative $3.0M vs positive $4.0M last year, due to temporary working capital increases in inventory, customer tooling, and VAT recoverable.","Board changes: F. Jack Liebau appointed Chairman, Harold Stratton II Vice Chairman, effective January 5, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":1.3,"consensus_revenue_estimate":null,"consensus_revenue_actual":253938000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":255370,"accession_number":"0001140361-24-001016","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2024-01-05T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"STRATTEC appoints F. Jack Liebau Jr. as Chairman, Harold M. Stratton II as Vice Chairman","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["F. Jack Liebau Jr., managing director of Beach Investment Counsel, appointed Chairman effective January 5, 2024.","Harold M. Stratton II, former Chairman since February 1999, becomes Vice Chairman of the Board.","Liebau was first elected to the Board on October 10, 2023 and also serves as Chairman of Myers Industries.","Stratton served as CEO from 1995 to 2012 and non-executive Chairman since September 2012."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":272848,"accession_number":"0001140361-23-054827","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2023-11-28T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"STRATTEC grants retention bonuses of $93K to CFO and $101K to CTO through Dec 31, 2024","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CFO Dennis Bowe to receive $93,000 retention payment if continuously employed through Dec 31, 2024.","CTO Richard Messina to receive $101,400 retention payment under same condition.","Payments made lump sum within 30 days after retention date; forfeited if employment ends earlier.","Agreements supplement existing employment and change-in-control contracts; no change to at-will status."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":272843,"accession_number":"0001140361-23-054945","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K/A","filed_at":"2023-11-28T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"STRATTEC amends retention agreements; corrects retention date to Dec 31, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Retention Date corrected from Dec 31, 2023 to Dec 31, 2024 for VP-CFO Bowe and VP Messina.","Each executive eligible for retention payment of 30% of base salary if employed through Dec 31, 2024.","Payment within 30 days after retention date; forfeited if employment terminates before date.","No other changes to original Nov 28, 2023 filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":272842,"accession_number":"0001140361-23-054129","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K/A","filed_at":"2023-11-21T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"STRATTEC CEO Krejci retirement: $640K salary continuation, 10,200 shares vest, interim CEO Guillot appointed","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Frank Krejci to retire as President/CEO and board member effective Dec 31, 2023.","Rolando Guillot named Interim President/CEO effective Jan 1, 2024 (in addition to COO role).","Krejci will receive $640,000 salary continuation over 12 months and COBRA coverage at active rates for 2024.","All 10,200 unvested restricted stock shares will vest on Dec 31, 2023.","Krejci subject to non-compete, non-solicit, confidentiality; provides general release of claims."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":272847,"accession_number":"0001140361-23-052997","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2023-11-14T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"STRATTEC CEO Frank J. Krejci to retire Dec 31; COO Rolando Guillot named interim CEO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Frank J. Krejci, President and CEO since September 2012, will retire and resign from Board effective Dec 31, 2023.","COO Rolando J. Guillot appointed Interim President and CEO effective Jan 1, 2024, in addition to his current role.","Guillot receives $18,000 monthly stipend for interim CEO duties; no other material compensation changes.","Company will engage a leading executive search firm to identify a permanent successor."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":272846,"accession_number":"0001140361-23-050392","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2023-10-31T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"STRATTEC participates in investor presentation at Gabelli Auto Symposium; no specific financial updates provided.","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["CEO Frank J. Krejci and CFO Dennis Bowe present at Gabelli Auto Symposium.","Presentation covers company operating results and forward-looking statements.","No specific financial guidance, EPS, revenue, or segment data disclosed in filing.","Exhibit 99.1 presentation not fully reproduced; content unavailable for analysis."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":272845,"accession_number":"0001140361-23-049692","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2023-10-26T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"STRATTEC Q1 FY2024 sales up 12.5% to $135.4M; EPS $1.05 vs $0.03","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $135.4M (Q1 ended Oct 1, 2023), up 12.5% from $120.4M; net income $4.2M vs $125k.","Gross margin improved to 13.8% from 10.4%; $10.8M in pricing relief, including $8M one-time retroactive.","Sales increases from Stellantis minivan and Ford Super Duty new power end gate content; Tier 1 customers also higher.","CEO Frank Krejci: UAW strike escalated in Oct affecting high-volume trucks/SUVs; earnings to be negatively impacted until resolved.","Exited VAST LLC joint venture (sold 1/3 interest for $18.5M), gained full ownership of STRATTEC Power Access Group."],"consensus_eps_estimate":null,"consensus_eps_actual":1.05,"consensus_revenue_estimate":null,"consensus_revenue_actual":135406000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":272844,"accession_number":"0001140361-23-047861","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2023-10-11T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"STRATTEC shareholders elect three directors, approve stock plan adding 250K shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Elected David R. Zimmer, Bruce M. Lisman, and F. Jack Liebau Jr. as directors for three-year terms.","Advisory say-on-pay vote passed: 3,009,106 For, 93,165 Against, 156,416 Abstain.","Shareholders selected one-year frequency for future say-on-pay votes; next vote at 2024 annual meeting.","Stock Incentive Plan amendment approved, increasing authorized shares by 250,000 (2,419,361 For, 89,035 Against).","Meeting quorum achieved with 3,258,687 of 4,068,412 eligible shares represented (82.10%)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":289689,"accession_number":"0001140361-23-041293","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2023-08-25T23:59:59+00:00","items":["1.01","2.03","5.02","8.01","9.01"],"status":"ready","headline":"STRATTEC amends credit facility; margin up 0.5%, maturity to 2026; Koss retires; board expands","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Extended credit facility maturity to August 1, 2026 from August 1, 2024.","Increased interest rate margin on SOFR loans from 1.25% to 1.75%; unused fee from 0.15% to 0.25%.","Minimum consolidated net worth covenant raised to $150M from $125M, plus 50% of positive net earnings annually.","Director Michael J. Koss to retire at Oct 10, 2023 annual meeting; not standing for re-election.","Board expands to seven; nominates Zimmer, Lisman, Liebau (two shareholder-recommended); proposes declassification at 2024 meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":289688,"accession_number":"0001140361-23-039076","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2023-08-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"STRATTEC reports Q4 net loss of $2.7M; full year loss $6.7M; completes equity restructure with WITTE","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $132.2M (+7.4% YoY) but gross margin fell to 9.3% from 11.3% due to input costs and peso headwinds.","Diluted loss per share $0.69 vs $0.10 EPS a year ago; includes $1.19/share loss from equity restructuring agreement.","Full year net loss $6.7M ($1.70 loss per share) vs $7.0M income ($1.79 EPS) prior year.","Completed restructuring: sold VAST LLC stake for $18.5M cash, gained 100% of Power Access LLC, and acquired Korea branch assets.","Management cites $10M+ margin hit from Mexican wage increases and peso weakness; expects pricing negotiations in FY24."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.7,"consensus_revenue_estimate":null,"consensus_revenue_actual":492946000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":310555,"accession_number":"0001140361-23-032437","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2023-06-30T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"STRATTEC sells its one-third VAST LLC stake to WITTE for $18.5M, gains full control of SPA","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Net purchase price of $18.5M for the one-third VAST interest, subject to adjustments for taxes and expenses.","Receives WITTE's 20% minority interest in SPA, making STRATTEC the sole owner of SPA.","Also acquires net assets of VAST LLC's Korea branch, to be operated as a new Korea branch of STRATTEC.","CEO says transaction allows redeployment of assets toward EV, power access, and electronics growth.","Closings effective June 30, 2023; company expects to continue VAST brand collaboration with WITTE."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":310554,"accession_number":"0001140361-23-023511","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2023-05-08T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Strattec enters employment and change-in-control agreements with CFO Dennis Bowe","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Employment agreement with CFO Dennis Bowe effective Sept 9, 2022; base salary $310,000/yr.","Term auto-renews each June 30 unless 30-day nonrenewal notice given by either party.","Severance on termination without cause: base salary for longer of 6 months or 1 month per year of service (max 12 months).","Change-in-control agreement: on qualifying termination after change of control, lump sum of 2x salary plus highest bonus in prior 10 years.","Non-compete during employment and for up to 1 year after termination; confidentiality until 2 years after termination."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":310553,"accession_number":"0001140361-23-020946","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2023-04-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Strattec posts Q3 net loss of $2.3M; sales up 10% to $127.2M but margin slumps","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $2.3M ($0.57 diluted loss per share) vs net income $3.1M ($0.80 EPS) a year ago.","Sales rose to $127.2M from $115.9M driven by improved chip availability at GM, Ford, Hyundai/Kia.","Gross margin fell to 7.9% from 12.6% on inflation, Mexico wage hike, FX, and $1.3M warranty provision.","Stellantis sales declined to $21.6M from $23.0M due to plant shutdowns; aftermarket sales also down.","CEO cited ongoing cost pressures but expects benefit from new business launches and efficiency efforts."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":360727000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":329199,"accession_number":"0001140361-23-008866","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2023-02-27T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"STRATTEC amends credit agreement to replace LIBOR with SOFR-based interest rate","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Amendment No. 8 to credit agreement with BMO Harris Bank effective February 22, 2023.","Interest rate benchmark changed from LIBOR to Term SOFR plus 1.35% (or base rate).","No other material changes to credit facility terms or covenants.","Company reaffirmed representations and warranties; no new borrowings or defaults.","Routine update to align with market transition away from LIBOR."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":329198,"accession_number":"0001140361-23-005020","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2023-02-07T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"STRATTEC subsidiary ADAC-STRATTEC amends credit agreement: switches to SOFR, raises minimum net worth to $40M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Interest rate benchmark changed from LIBOR to Term SOFR plus 1.35% (or base rate).","Minimum net worth requirement for ADAC-STRATTEC increased to $40 million.","Fixed charge coverage ratio calculation modified.","Amendment effective as of Feb 6, 2023; certain provisions effective upon expiration of current interest period.","Guarantor STRATTEC SECURITY CORPORATION acknowledged and consented."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":329197,"accession_number":"0001140361-23-004166","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2023-02-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"STRATTEC Q2 net loss of $1.8M vs income $3.4M YoY; gross margin halves to 6.5%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $113.2M, flat YoY ($112.9M); diluted EPS -$0.47 vs +$0.87.","Gross profit margin fell to 6.5% from 13.2% on higher raw material, labor & shipping costs.","Sales to Stellantis dropped $6.1M to $17.0M on plant shutdowns; GM rose $4.4M to $35.5M.","Hyundai/Kia sales surged to $9.3M from $5.9M on Kia Carnival production.","CEO cites inflationary pressures; pursuing price increases and EV opportunities."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.44,"consensus_revenue_estimate":null,"consensus_revenue_actual":233544000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":346825,"accession_number":"0001140361-22-045319","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2022-12-13T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"STRATTEC replaces auditor Crowe LLP with Deloitte & Touche LLP, no disagreements","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Dismissed Crowe LLP and appointed Deloitte & Touche LLP as independent auditor, effective December 7, 2022.","No adverse opinions or modifications in Crowe's reports for fiscal years 2021 and 2022.","No disagreements or reportable events during the two most recent fiscal years and through dismissal date.","Audit Committee approved the change on December 7, 2022; Crowe provided a letter to the SEC."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":346824,"accession_number":"0001140361-22-038658","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2022-10-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"STRATTEC reports Q1 FY2023 sales up 20% to $120.4M; EPS flat at $0.03","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $120.4M (+20% YoY) driven by improved chip availability; diluted EPS $0.03 unchanged.","Gross margin fell to 10.4% from 12.5% due to higher material and labor costs.","Sales to GM $38.2M, Ford $24.6M, Stellantis $17.2M; Hyundai/Kia declined to $8.3M.","Equity income from VAST LLC JV improved to $527K from a $251K loss.","Management cites inflationary headwinds, but investing in EV opportunities and maintaining inventory."],"consensus_eps_estimate":null,"consensus_eps_actual":0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":120360000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":346823,"accession_number":"0001140361-22-036949","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2022-10-12T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"STRATTEC shareholders elect Krejci and Chang as directors; approve say-on-pay","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Annual meeting held Oct 11, 2022; 2,628,094 shares voted (65.53% of eligible).","Frank J. Krejci and Tina Chang elected to three-year terms expiring 2025; Krejci 2,546,766 for, Chang 2,602,587 for.","Advisory vote on executive compensation approved: 2,407,783 for, 97,249 against, 123,062 abstain.","Terms continue for directors Koss, Zimmer, Stratton II, and Florsheim Jr."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":363200,"accession_number":"0001140361-22-031267","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K/A","filed_at":"2022-08-29T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Strattec amends 8-K to correct CFO succession effective dates","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Dennis Bowe employment starts Sept. 1, 2022; CFO duties begin Sept. 9, 2022 after Patrick Hansen retires.","Original 8-K had incorrect effective date for Bowe's employment commencement; all other details unchanged.","Hansen retires as CFO effective Sept. 9, 2022; Bowe will be VP and principal financial officer."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":363203,"accession_number":"0001140361-22-030872","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2022-08-25T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"STRATTEC appoints Dennis Bowe as VP and CFO effective September 1, 2022","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Dennis Bowe, 54, appointed VP and CFO, serving as principal financial and accounting officer.","Bowe most recently served as Global Commercial Finance Director at Harley-Davidson.","Previous roles: European Finance Director at Mazda Motor Europe and Finance Controller at Ford Motor Company.","He holds a BA from Hillsdale College and an MBA in finance from Columbia Business School.","Bowe will participate in STRATTEC's Stock Incentive Plan and SERP on terms similar to other officers."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":363202,"accession_number":"0001140361-22-029244","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2022-08-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"STRATTEC reports fiscal Q4 EPS $0.10 vs $0.75; net income drops 86% on cost headwinds","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $123.1M (14 weeks) vs $110.1M (13 wks); extra week added ~$7.4M; net income $0.4M vs $2.9M.","Full-year net sales $452.3M vs $485.3M; diluted EPS $1.80 vs $5.85; gross margin 11.3% vs 13.9%.","Higher raw material costs hurt gross margin by 340 bps; Mexican min wage increase; VAST China JV shut on COVID restrictions.","Sales increased at GM, Stellantis, Ford, Tier1; declined at Hyundai/Kia and Commercial/OEM."],"consensus_eps_estimate":null,"consensus_eps_actual":1.8,"consensus_revenue_estimate":null,"consensus_revenue_actual":452265000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":363201,"accession_number":"0001140361-22-028723","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2022-08-08T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"STRATTEC CFO Patrick Hansen sets retirement date of Sept 9, 2022","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Patrick J. Hansen, SVP and CFO, will retire effective September 9, 2022.","Hansen has served as CFO since February 1999.","Company continues succession process to identify a successor.","Hansen will remain in role and assist with transition until retirement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":382947,"accession_number":"0001140361-22-015392","cik":933034,"company_name":"STRATTEC SECURITY CORP","ticker":"STRT","form_type":"8-K","filed_at":"2022-04-21T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"STRATTEC Q3 FY2022 EPS $0.80 vs $1.15 YoY; sales $115.9M down 5%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $115.9M, down 5% from $121.6M in Q3 FY2021.","Net income $3.1M vs $4.5M; diluted EPS $0.80 vs $1.15.","Gross margin fell to 12.6% from 15.3% on higher raw material costs and Mexican minimum wage.","Customer production shutdowns due to semiconductor chip shortages continued to impact results.","CEO notes COVID lockdowns in China as new headwind but sees long-term opportunities in EVs and power tailgate products."],"consensus_eps_estimate":null,"consensus_eps_actual":1.7,"consensus_revenue_estimate":null,"consensus_revenue_actual":329192000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":313660620.72805715,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2022-04-21T23:59:59+00:00|382947"}