{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-22-029244","form_type":"8-K","ticker":"STRT","cik":"0000933034","company_name":"STRATTEC SECURITY CORP","filed_at":"2022-08-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:58.695310+00:00","generated_at":"2026-06-24T01:16:17.818286+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"STRATTEC reports fiscal Q4 EPS $0.10 vs $0.75; net income drops 86% on cost headwinds","bullets":["Q4 net sales $123.1M (14 weeks) vs $110.1M (13 wks); extra week added ~$7.4M; net income $0.4M vs $2.9M.","Full-year net sales $452.3M vs $485.3M; diluted EPS $1.80 vs $5.85; gross margin 11.3% vs 13.9%.","Higher raw material costs hurt gross margin by 340 bps; Mexican min wage increase; VAST China JV shut on COVID restrictions.","Sales increased at GM, Stellantis, Ford, Tier1; declined at Hyundai/Kia and Commercial/OEM."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-22-029244","json":"https://secwatch.observer/filing/0001140361-22-029244.json","markdown":"https://secwatch.observer/filing/0001140361-22-029244.md","text":"https://secwatch.observer/filing/0001140361-22-029244.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/933034/000114036122029244/0001140361-22-029244-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/933034/000114036122029244/brhc10040629_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T01:16:17.818286+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"}