{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-120707","form_type":"8-K","ticker":"STRT","cik":"0000933034","company_name":"STRATTEC SECURITY CORP","filed_at":"2024-11-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.427850+00:00","generated_at":"2026-05-30T06:44:55.464014+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"STRATTEC Q1 FY2025 revenue $139.1M, adjusted EPS $0.92; ops cash flow $11.3M","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."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-120707","json":"https://secwatch.observer/filing/0000950170-24-120707.json","markdown":"https://secwatch.observer/filing/0000950170-24-120707.md","text":"https://secwatch.observer/filing/0000950170-24-120707.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/933034/000095017024120707/0000950170-24-120707-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/933034/000095017024120707/strt-20241104.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T06:44:55.464014+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}