---
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"
generated_at: "2026-05-30T06:44:55.464014+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# STRATTEC Q1 FY2025 revenue $139.1M, adjusted EPS $0.92; ops cash flow $11.3M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-120707
- JSON: https://secwatch.observer/filing/0000950170-24-120707.json
- Plain text: https://secwatch.observer/filing/0000950170-24-120707.txt

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