earnings
confidence high
sentiment positive
materiality 0.80
STRATTEC Q4 EPS $2.39 vs loss $0.69; revenue up 8.2% to $143.1M
STRATTEC SECURITY CORP
2024-FY EPS reported
$4.07
revenue$537,766,000
- 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.