earnings
confidence high
sentiment positive
materiality 0.75
Strattec Q4 FY2026: sales flat at $151.8M, adj EPS $2.06 flat, FY EBITDA up 15.3%
STRATTEC SECURITY CORP
- 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.