secwatch.observer — SEC 8-K summary
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Issuer:     STRATTEC SECURITY CORP (STRT)
CIK:        0000933034
Form:       8-K
Filed at:   2026-02-05T23:59:59+00:00
Accession:  0001193125-26-039481
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

STRATTEC Q2 EPS $1.20, revenue $137.5M, up 6% YoY
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- Net income $4.9M ($1.20 diluted EPS) vs $0.32 prior year.
- Revenue $137.5M, up 6% driven by pricing, new programs, customer builds.
- Gross margin 16.5% vs 13.2%; Adj. EBITDA $12.3M (8.9% of sales).
- Cash from operations $14M; $99M cash, $2.5M debt.
- Restructuring actions expected to yield $3.4M annual savings; voluntary early retirement program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/933034/000119312526039481/0001193125-26-039481-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/933034/000119312526039481/strt-20260205.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-039481

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer