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29.10.26 - 21:18
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Strattec Transformation Continues to Deliver Strong Cash Generation; Generated $10.8 Million in Cash from Operations in First Quarter Fiscal 2027 (Business Wire)
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Strong balance sheet with $111.8 million in cash and no debt at quarter end
Financial strength enables continued investment in transformation, $5.0 million return of cash in the quarter to shareholders through purchase of 67,904 shares as well as pursuit of strategic growth
First quarter net sales were $147.2 million, compared with $152.4 million in the prior year
Net income attributable to Strattec of $4.8 million, or $1.19 per diluted share, compared with $8.5 million, or $2.07 per diluted share, in the prior-year period; adjusted diluted EPS1 was $1.85, compared with $2.22
Adjusted EBITDA1 of $13.5 million, or 9.2% of net sales, compared with $15.6 million, or 10.2% of net sales, in the prior-year period
MILWAUKEE--(BUSINESS WIRE)--Strattec (Nasdaq: STRT), a global provider of highly engineered access solutions for the automotive and mobility industries, today reported financial results for its first quarter of fiscal 2027, which ended September 27, 2026.
Jennifer Slater, President and CEO of Strattec,...
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15.10.26 - 14:33
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Strattec Announces Fiscal 2027 First Quarter Financial Results Conference Call and Webcast (Business Wire)
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MILWAUKEE--(BUSINESS WIRE)--Strattec (Nasdaq: STRT), a global provider of highly engineered access solutions for the automotive and mobility industries, today announced that it will release its fiscal 2027 first quarter results after the close of financial markets on Thursday, October 29, 2026.
The Company will host a conference call and webcast on Friday, October 30, 2026, to review the financial and operating results for the period ended September 27, 2026. A question-and-answer session will follow.
First Quarter Fiscal 2027 Conference Call
Date:
Friday, October 30, 2026
Time:
8:00 a.m. Central Time
Phone:
+1 (201) 689-8470
Webcast and accompanying slide presentation: investors.strattec.com
A telephonic replay will be available from 12:00 p.m. CT on the day of the call through Friday, November 13, 2026. To listen to the archived call, dial +1 (412) 317-6671 and enter replay PIN 13762673. The webcast replay will be available on the Investor Relations section of the Company's website investors.strattec.c...
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25.08.26 - 22:36
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Strattec Transformation Delivers Margin Improvement and Strong Cash Generation in Fiscal 2026 (Business Wire)
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Fourth quarter fiscal 2026 sales of $151.8 million was better than expected and relatively unchanged from prior year; achieved sales of $579.4 million for fiscal year 2026
Reported fourth quarter gross margin of 15.6%; full year gross margin expanded to 16.5%, up from 15.0% in fiscal 2025
Generated fourth quarter net income attributable to Strattec of $3.9 million, or $0.95 per diluted share; adjusted diluted earnings per share were $2.06, unchanged from the prior-year period
Fourth quarter Adjusted EBITDA was $12.5 million, or 8.3% of net sales, compared with $13.0 million, or 8.5% of sales in the prior-year period; fiscal 2026 Adjusted EBITDA1 was $50.5 million, a 15.3% increase over the prior year
$108.2 million in cash and no debt; returned $7.4 million to shareholders through share repurchases in the fourth quarter and authorized a new $40 million share buyback program
MILWAUKEE--(BUSINESS WIRE)--Strattec (Nasdaq: STRT), a global provider of highly engineered access solutions for the automotive and m...
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11.08.26 - 14:39
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Strattec Announces Fiscal 2026 & Fourth Quarter Financial Results Conference Call and Webcast (Business Wire)
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MILWAUKEE--(BUSINESS WIRE)--Strattec (Nasdaq: STRT), a global provider of highly engineered access solutions for the automotive and mobility industries, today announced that it will release its fiscal 2026 and fourth quarter results after the close of financial markets on Tuesday, August 25, 2026.
The Company will host a conference call and webcast on Wednesday, August 26, 2026, to review the financial and operating results for the period ended June 28, 2026. A question-and-answer session will follow.
Fourth Quarter & Fiscal 2026 Conference Call
Date:
Wednesday, August 26, 2026
Time:
8:00 a.m. Central Time
Phone:
+1 (201) 689-8470
Webcast and accompanying slide presentation: investors.strattec.com
A telephonic replay will be available from 12:00 p.m. CT on the day of the call through Wednesday, September 9, 2026. To listen to the archived call, dial +1 (412) 317-6671 and enter replay PIN 13761060. The webcast replay will be available on the Investor Relations section of the Company's website investors.st...
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28.05.26 - 14:06
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Strattec Announces New $40 Million Share Repurchase Program (Business Wire)
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MILWAUKEE--(BUSINESS WIRE)--Strattec (the “Company”) (Nasdaq: STRT), a global provider of highly engineered access solutions for the automotive and mobility industries, today announced that its Board of Directors has authorized a new share repurchase program under which the Company may repurchase up to $40 million of its outstanding common stock.
Jennifer Slater, President and CEO of Strattec, stated, “Our strong cash position allows us to continue investing in our transformation and growth strategy while also returning capital to shareholders through this new repurchase authorization. We are confident in our ability to generate strong cash flow to support these priorities while maintaining the financial flexibility needed to navigate the highly cyclical automotive industry in which we operate.”
Under the authorization, the Company may repurchase shares from time to time through open market purchases, block trades, accelerated share repurchase transactions and privately negotiated transactions, wi...
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