{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-22-038658","form_type":"8-K","ticker":"STRT","cik":"0000933034","company_name":"STRATTEC SECURITY CORP","filed_at":"2022-10-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:54.092394+00:00","generated_at":"2026-06-23T00:37:43.203963+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"STRATTEC reports Q1 FY2023 sales up 20% to $120.4M; EPS flat at $0.03","bullets":["Net sales $120.4M (+20% YoY) driven by improved chip availability; diluted EPS $0.03 unchanged.","Gross margin fell to 10.4% from 12.5% due to higher material and labor costs.","Sales to GM $38.2M, Ford $24.6M, Stellantis $17.2M; Hyundai/Kia declined to $8.3M.","Equity income from VAST LLC JV improved to $527K from a $251K loss.","Management cites inflationary headwinds, but investing in EV opportunities and maintaining inventory."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-22-038658","json":"https://secwatch.observer/filing/0001140361-22-038658.json","markdown":"https://secwatch.observer/filing/0001140361-22-038658.md","text":"https://secwatch.observer/filing/0001140361-22-038658.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/933034/000114036122038658/0001140361-22-038658-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/933034/000114036122038658/brhc10043317_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T00:37:43.203963+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"}