STRT News and Press, STRATTEC SECURITY CORPORATION From 04/27/23

MILWAUKEE, April 27, 2023 (GLOBE NEWSWIRE) -- STRATTEC SECURITY CORPORATION (“STRATTEC” or the “Company”) (NASDAQ:STRT) today reported operating results for the fiscal third quarter ended April 2, 2023. Net sales for the third quarter ended April 2, 2023 were $12...

2023-04-07 09:14:29 ET Summary Net sales are expected to recover by 2024. Profit margins are depressed as a result of inflationary pressures. Debt does not pose a significant risk thanks to high cash and equivalents and inventories. Investors should not expect dividends in...

Summary Strattec Security Corp. manufactures vehicle access and power systems. It has a set of global JVs and alliances that generate almost $4 billion in revenue. The company's sales have grown in line with U.S. auto sales. However, its margins have declined consistently, pushed by com...

Strattec Security press release ( NASDAQ: STRT ): Q2 GAAP EPS of -$0.47 misses by $0.52 . Revenue of $113.2M (+0.3% Y/Y) misses by $7.79M . Net loss was $1.8 million in the current year second quarter, compared to net income of $3.4 million in the prior year second qua...

MILWAUKEE, Feb. 02, 2023 (GLOBE NEWSWIRE) -- STRATTEC SECURITY CORPORATION (“STRATTEC” or the “Company”) (NASDAQ:STRT) today reported operating results for the fiscal second quarter ended January 1, 2023. Net sales for the second quarter ended January 1, 2023 wer...

Strattec Security press release ( NASDAQ: STRT ): Q1 GAAP EPS of $0.03 misses by $0.30 . Revenue of $120.36M misses by $2.05M . For further details see: Strattec Security GAAP EPS of $0.03 misses by $0.30, revenue of $120.36M misses by $2.05M

MILWAUKEE, Oct. 27, 2022 (GLOBE NEWSWIRE) -- STRATTEC SECURITY CORPORATION (“STRATTEC” or the “Company”) (NASDAQ:STRT) today reported operating results for the fiscal first quarter ended October 2, 2022. First Quarter Net sales for the first quart...

Summary Strattec Security is a small and volatile firm, the latter applying especially to its profits and cash flows over time. The future is uncertain, with a semiconductor shortage likely to cause further pain, but this doesn't mean investors should stay away. Given how chea...

Strattec Security press release ( NASDAQ: STRT ): Q4 GAAP EPS of $0.10 misses by $0.71 . Revenue of $123.1M (+11.8% Y/Y) beats by $6.74M . For further details see: Strattec Security GAAP EPS of $0.10 misses by $0.71, revenue of $123.1M beats by $6.74M

MILWAUKEE, Wis., Aug. 11, 2022 (GLOBE NEWSWIRE) -- STRATTEC SECURITY CORPORATION (NASDAQ:STRT) today reported operating results for the fiscal fourth quarter and full year ended July 3, 2022. The comparative current year fourth quarter operating results were negatively impacted by higher co...