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STRATTEC SECURITY CORPORATION Reports Fiscal 2024 Third Quarter Operat...
STRATTEC SECURITY CORPORATION Reports Fiscal 2024 Third Quarter Operating Results Third Fiscal Quarter earnings per share $0.37 vs $0.57 loss, an improvement driven by customer pricing increases and higher sales 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 Diluted earnings per share of $0.37 versus $0.57 loss last yearGross Margins...
Strattec Security Corp: 1 director
A director at Strattec Security Corp maiden bought 2,000 shares at 24.940USD and the significance rating of the trade was 55/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last tw...
STRATTEC SECURITY CORPORATION Reports Fiscal 2024 Second Quarter Opera...
STRATTEC SECURITY CORPORATION Reports Fiscal 2024 Second Quarter Operating Results Second Fiscal Quarter earnings per share $0.26 vs $0.47 loss, an improvement driven by customer pricing increases MILWAUKEE, Wis., Feb. 08, 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. Second Quarter Fiscal 2024 Financial Highlights Diluted earnings per share of $0.26 versus $0.47 loss last yearGross Margins expanded to 11.4% c...
STRATTEC SECURITY CORPORATION Announces CEO Transition Plan
STRATTEC SECURITY CORPORATION Announces CEO Transition Plan MILWAUKEE, Nov. 13, 2023 (GLOBE NEWSWIRE) -- STRATTEC SECURITY CORPORATION (NASDAQ:STRT) (“STRATTEC” or the “Company”), today announced that Frank J. Krejci, President and Chief Executive Officer, will retire from employment with the Company effective December 31, 2023. He will also retire from the Company’s Board of Directors on December 31st. Mr. Krejci became a member of STRATTEC’s inaugural Board of Directors in 1995 and has been a valued Board member for over 28 years. He became an Officer of STRATTEC in 2010, serving as Pr...
STRATTEC SECURITY CORPORATION Reports Fiscal 2024 First Quarter Operat...
STRATTEC SECURITY CORPORATION Reports Fiscal 2024 First Quarter Operating Results MILWAUKEE, Wis., Oct. 26, 2023 (GLOBE NEWSWIRE) -- STRATTEC SECURITY CORPORATION (“STRATTEC” or the “Company”) (NASDAQ:STRT) today reported operating results for the fiscal first quarter ended October 1, 2023. Net sales for the first quarter ended October 1, 2023 were $135.4 million, compared to net sales of $120.4 million for the first quarter ended October 2, 2022. Net income was $4.2 million in the current year first quarter, compared to net income of $125,000 in the prior year first quarter. Diluted ear...
STRATTEC SECURITY CORPORATION Reports Fiscal 2023 Fourth Quarter and F...
STRATTEC SECURITY CORPORATION Reports Fiscal 2023 Fourth Quarter and Full Year Operating Results 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 quarter operating profit results were lower than the results in the same period for the prior year due to higher manufacturing input costs and a stronger Mexican Peso against the U.S. dollar, which was partially offset by lower engine...
STRATTEC SECURITY CORPORATION Vehicle Access Systems Technology LLC (V...
STRATTEC SECURITY CORPORATION Vehicle Access Systems Technology LLC (VAST) and STRATTEC Power Access LLC (SPA) Equity Restructuring Agreement 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 (Restructuring Agreement) between the Company and WITTE Automotive GmbH (WITTE) related to both the Company's Vehicle Access Systems Technologies LLC (VAST LLC) joint venture and its STRATTEC P...
STRATTEC SECURITY CORPORATION Reports Fiscal 2023 Third Quarter Operat...
STRATTEC SECURITY CORPORATION Reports Fiscal 2023 Third Quarter Operating Results 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 $127.2 million, compared to net sales of $115.9 million for the third quarter ended March 27, 2022. Net loss was $2.3 million in the current year third quarter, compared to net income of $3.1 million in the prior year third quarter. Diluted loss per sh...
Strattec Security Corporation Reports Fiscal 2023 Second Quarter Opera...
Strattec Security Corporation Reports Fiscal 2023 Second Quarter Operating Results 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 were $113.2 million, compared to net sales of $112.9 million for the second quarter ended December 26, 2021. 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 quarter. Diluted...
STRATTEC SECURITY CORPORATION Reports Fiscal 2023 First Quarter Operat...
STRATTEC SECURITY CORPORATION Reports Fiscal 2023 First Quarter Operating Results 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 QuarterNet sales for the first quarter ended October 2, 2022 were $120.4 million, compared to net sales of $100.3 million for the first quarter ended September 26, 2021. Net income was $128,000 in the current year first quarter, compared to net income of $101,000 in the prior year first quarter. Dilu...
STRATTEC SECURITY CORPORATION Reports Fiscal 2022 Fourth Quarter and F...
STRATTEC SECURITY CORPORATION Reports Fiscal 2022 Fourth Quarter and Full Year Operating Results 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 costs for raw materials and purchased components in our manufacturing operations, reductions in output at some of our OEM customers’ assembly plants and the COVID-19 virus that temporarily shut down our VAST C...
STRATTEC SECURITY CORPORATION Reports Fiscal 2022 Third Quarter Operat...
STRATTEC SECURITY CORPORATION Reports Fiscal 2022 Third Quarter Operating Results MILWAUKEE, Wis., April 21, 2022 (GLOBE NEWSWIRE) -- STRATTEC SECURITY CORPORATION (NASDAQ:STRT) today reported operating results for the fiscal third quarter ended March 27, 2022. Net sales for the Company’s third quarter ended March 27, 2022 were $115.9 million, compared to net sales of $121.6 million for the third quarter ended March 28, 2021. Net income for the current year quarterly period was $3.1 million, compared to net income of $4.5 million in the prior year quarter. Diluted earnings per share for...
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STRATTEC SECURITY CORPORATION Announces That Tina Chang Has Joined th...
STRATTEC SECURITY CORPORATION Announces That Tina Chang Has Joined the Company’s Board of Directors MILWAUKEE, Feb. 08, 2022 (GLOBE NEWSWIRE) -- STRATTEC SECURITY CORPORATION (“STRATTEC” or the “Company”) (NASDAQ:STRT) The Board of Directors of STRATTEC SECURITY CORPORATION is pleased to announce that Tina Chang has joined the Company’s Board. Ms. Chang is the CEO of SysLogic Inc., a Brookfield, Wisconsin - based consulting firm specializing in cybersecurity, technology strategies and digital transformation. She is also on the boards of Weyco Group Inc., Central States Manufacturing I...
STRATTEC SECURITY CORPORATION Reports Fiscal 2022 Second Quarter Opera...
STRATTEC SECURITY CORPORATION Reports Fiscal 2022 Second Quarter Operating Results MILWAUKEE, Jan. 27, 2022 (GLOBE NEWSWIRE) -- STRATTEC SECURITY CORPORATION (“STRATTEC” or the “Company”) (NASDAQ:STRT) today reported operating results for the fiscal second quarter ended December 26, 2021. Net sales for the second quarter ended December 26, 2021 were $112.9 million, compared to net sales of $127.4 million for the second quarter ended December 27, 2020. Net income was $3.4 million in the current year second quarter, compared to net income of $7.1 million in the prior year second quarter. D...
STRATTEC Security Corporation Reports Fiscal 2022 First Quarter Operat...
STRATTEC Security Corporation Reports Fiscal 2022 First Quarter Operating Results MILWAUKEE, Wis., Oct. 21, 2021 (GLOBE NEWSWIRE) -- STRATTEC SECURITY CORPORATION (“STRATTEC” or the “Company”) (NASDAQ:STRT) today reported operating results for the fiscal first quarter ended September 26, 2021. First QuarterNet sales for the first quarter ended September 26, 2021 were $100.3 million, compared to net sales of $126.2 million for the first quarter ended September 27, 2020. Net income was $101,000 in the current year first quarter, compared to net income of $8.0 million in the prior y...
STRATTEC SECURITY CORPORATION Reports Fiscal 2021 Fourth Quarter and R...
STRATTEC SECURITY CORPORATION Reports Fiscal 2021 Fourth Quarter and Record Full Year Operating Results MILWAUKEE, Aug. 05, 2021 (GLOBE NEWSWIRE) -- STRATTEC SECURITY CORPORATION (NASDAQ:STRT) today reported operating results for the fiscal fourth quarter and full year ended June 27, 2021. The comparative prior year fourth quarter operating results were significantly impacted by the COVID-19 virus which is further described in this press release. Fourth Quarter Overview Net sales for the Company’s fourth quarter ended June 27, 2021 were $110.1 million, compared to net sales of $42.1 mill...
STRATTEC SECURITY CORPORATION Reports Fiscal 2021 Third Quarter Operat...
STRATTEC SECURITY CORPORATION Reports Fiscal 2021 Third Quarter Operating Results MILWAUKEE, April 22, 2021 (GLOBE NEWSWIRE) -- STRATTEC SECURITY CORPORATION (NASDAQ:STRT) today reported operating results for the fiscal third quarter ended March 28, 2021. Net sales for the Company’s third quarter ended March 28, 2021 were $121.6 million, compared to net sales of $116.9 million for the third quarter ended March 29, 2020. Net income for the current year quarterly period was $4.5 million, compared to net income of $3.0 million in the prior year quarter. Diluted ...
STRATTEC SECURITY CORPORATION Reports Fiscal 2021 Second Quarter Opera...
STRATTEC SECURITY CORPORATION Reports Fiscal 2021 Second Quarter Operating Results MILWAUKEE, Jan. 28, 2021 (GLOBE NEWSWIRE) -- STRATTEC SECURITY CORPORATION (“STRATTEC” or the “Company”) (NASDAQ:STRT) today reported operating results for the fiscal second quarter ended December 27, 2020. Net sales for the second quarter ended December 27, 2020 were $127.4 million, compared to net sales of $106.3 million for the second quarter ended December 29, 2019. The impact of the General Motors UAW strike reduced the prior year quarter net sales by approximately $7.0 million. Net income was $7....
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