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MILWAUKEE, Aug. 10, 2023 (GLOBE NEWSWIRE) -- STRATTEC SECURITY CORPORATION (“STRATTEC” or the “Company”) (NASDAQ:STRT) today reported operating results for the fiscal fourth quarter ended July 2, 2023. Despite higher net sales, the comparative current year fourth quart...
2023-07-31 00:25:17 ET Summary Strattec Security Corporation is seen as a compelling investment opportunity due to the recent sale of its 1/3rd interest in VAST LLC, activist investor involvement, and securing new contracts with original equipment manufacturers. Strattec's strong ...
MILWAUKEE, Wis., June 30, 2023 (GLOBE NEWSWIRE) -- STRATTEC SECURITY CORPORATION (“STRATTEC” or the “Company”) (NASDAQ:STRT) today announced that it has entered into and subsequently completed the transactions contemplated by an Equity Restructuring Agreement (Restruct...
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...
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MILWAUKEE, May 09, 2024 (GLOBE NEWSWIRE) -- STRATTEC SECURITY CORPORATION (NASDAQ:STRT) is a market leader of a comprehensive range of "Smart" Vehicle Power Access and Electronic and Security Solutions, serving the global automotive industry. Third Quarter Fiscal 2024 Financial Highlights...
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2024-04-24 20:36:00 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...