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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...
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2024-07-04 19:30:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-06-24 21:16:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
MILWAUKEE, June 14, 2024 (GLOBE NEWSWIRE) -- The Board of Directors (“Board”) of STRATTEC SECURITY CORPORATION (NASDAQ:STRT) (the “Company”) is proud to announce the appointment of Jennifer L. Slater as the Company’s President and Chief Executive Officer and Boa...