AI brief of an SEC Form 8-K · STRATTEC SECURITY CORP (STRT)

Strattec Q4 sales flat at $151.8 million; GAAP EPS falls to $0.95 from $2.01

Mixed Impact 3 of 5 earnings Written later

Strattec reported fiscal fourth-quarter 2026 sales of $151.8 million, roughly flat from $152.0 million a year earlier, and GAAP diluted earnings per share of $0.95 versus $2.01. For the full fiscal year, sales rose to $579.4 million from $565.1 million and gross margin expanded to 16.5% from 15.0%, while the company authorized a new $40 million share buyback.

Key points

  • Q4 net income attributable to Strattec was $3.9 million, or $0.95 per diluted share, versus $8.3 million, or $2.01, a year earlier; adjusted diluted EPS was $2.06, unchanged.
  • Q4 gross margin fell to 15.6% from 16.7%; Q4 Adjusted EBITDA was $12.5 million versus $13.0 million.
  • Fiscal 2026 Adjusted EBITDA was $50.5 million, a 15.3% increase over the prior year.
  • The company had $108.2 million in cash and no debt at June 28, 2026, and repurchased $7.4 million of shares in the fourth quarter.

The filing

CompanySTRATTEC SECURITY CORP (STRT)
Form8-K, current report
Filed with the SECAug 25, 2026, 5:14 PM ET
Accession number0000933034-26-000003

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 25, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.