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.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
STRATTEC SECURITY CORP reported financial results for fiscal third quarter ended March 29, 2026.
- Period
- fiscal third quarter ended March 29, 2026
- Result
- reported results
Exact text from the filing
Net sales were $137.6 million, down $6.5 million, or 4.5% from the prior-year period.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
STRATTEC SECURITY CORP reported financial results for fiscal third quarter ended March 29, 2026.
- Period
- fiscal third quarter ended March 29, 2026
- Result
- reported results
Exact text from the filing
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.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
STRATTEC SECURITY CORP reported financial results for fiscal third quarter ended March 29, 2026.
- Period
- fiscal third quarter ended March 29, 2026
- Result
- reported results
Exact text from the filing
Gross profit was $22.7 million, compared with $23.1 million in the prior year, on lower volume.
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.