---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-093845"
form_type: "8-K"
ticker: "STRT"
cik: "0000933034"
company_name: "STRATTEC SECURITY CORP"
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T11:31:54.036227+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# STRATTEC Q4 EPS $2.39 vs loss $0.69; revenue up 8.2% to $143.1M

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-093845
- form_type: 8-K
- ticker: STRT
- cik: 0000933034
- company_name: STRATTEC SECURITY CORP
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/933034/000095017024093845/0000950170-24-093845-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/933034/000095017024093845/strt_form_8-k_q4_2024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-093845
- JSON: https://secwatch.observer/filing/0000950170-24-093845.json
- Plain text: https://secwatch.observer/filing/0000950170-24-093845.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.