secwatch.observer — SEC 8-K summary
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Issuer:     STRATTEC SECURITY CORP (STRT)
CIK:        0000933034
Form:       8-K
Filed at:   2026-08-25T21:14:36+00:00
Accession:  0000933034-26-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Strattec Q4 FY2026: sales flat at $151.8M, adj EPS $2.06 flat, FY EBITDA up 15.3%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/933034/000093303426000003/0000933034-26-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/933034/000093303426000003/strt-20260825.htm
  HTML page:      https://secwatch.observer/filing/0000933034-26-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer