8-K
filed May 7, 2026, 7:59 PM ET
ticker STRT
CIK 0000933034
earnings
confidence high
sentiment negative
materiality 0.70
Strattec Q3 FY2026 EPS $0.78; sales down 4.5% to $137.6M; cash $107M
STRATTEC SECURITY CORP
2026-Q3 EPS reported
$4.04
revenue$427,565,000
- Net sales $137.6M, down $6.5M (4.5%) YoY; gross margin improved 50bps to 16.5%.
- Net income $3.2M ($0.78 diluted EPS); adjusted EPS $0.90 vs. $1.50 prior year.
- Adjusted EBITDA $10.1M (7.3% margin) vs. $12.9M (8.9%) in Q3 FY2025.
- Cash from operations $11.4M; total cash $107M, up from $84.6M at fiscal year-end.
- Customer EV program cancellations reduced sales by $3.4M; tariff recoveries contributed $0.6M.
Machine-readable event card
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- company_name
- STRATTEC SECURITY CORP
- filed_at
- 2026-05-07T23:59:59+00:00
- discovered_at
- 2026-05-14T18:02:33.950057+00:00
- generated_at
- 2026-05-14T22:25:30.665529+00:00
- sec_items
- ["2.02", "7.01", "9.01"]
- event_type
- earnings
- sentiment
- negative
- materiality_score
- 0.7
- calibrated_materiality_score
- 0.7
- confidence
- high
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- https://secwatch.observer/filing/0001193125-26-212420.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/933034/000119312526212420/0001193125-26-212420-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/933034/000119312526212420/strt-20260507.htm
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Source-grounded claims
90787556d12dc1f657c8a3293a5e1cdbb79a4961
STRATTEC SECURITY CORP reported financial results for fiscal third quarter ended March 29, 2026.
Net sales were $137.6 million, down $6.5 million, or 4.5% from the prior-year period.
SEC 8-K Item 2.02
confidence 0.9
SEC evidence
90787556d12dc1f657c8a3293a5e1cdbb79a4961
STRATTEC SECURITY CORP reported financial results for fiscal third quarter ended March 29, 2026.
Net income attributable to Strattec was $3.2 million, or $0.78 per diluted share, compared with $5.4 million, or $1.32 per diluted share, in the prior-year period.
SEC 8-K Item 2.02
confidence 0.9
SEC evidence
90787556d12dc1f657c8a3293a5e1cdbb79a4961
STRATTEC SECURITY CORP reported financial results for fiscal third quarter ended March 29, 2026.
Gross profit was $22.7 million, compared with $23.1 million in the prior year, on lower volume.
SEC 8-K Item 2.02
confidence 0.9
SEC evidence
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Net sales were $137.6 million, down $6.5 million, or 4.5% from the prior-year period.
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Net sales were $137.6 million, down $6.5 million, or 4.5% from the prior-year period.
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Net sales were $137.6 million, down $6.5 million, or 4.5% from the prior-year period.
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earnings
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same fact type: earnings_release
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