STRT STRATTEC SECURITY CORP - 10-Q - (2025-10-31)

STRATTEC SECURITY CORP. Q1 FY2026 TL;DR

Strattec delivered significantly improved financial performance for the quarter ended September 28, 2025, driven by strong execution of its transformation strategy.

Financial Performance Highlights Net Sales grew 10% Year-over-Year (YoY) to $152.4 million. Profitability surged, with Net Income attributable to Strattec soaring 130% to $8.53 million (Diluted EPS: $2.07 vs. $0.92 prior year). Gross Margin expanded significantly to 17.3%. Operating Cash Flow remained stable at $11.3 million. The Effective Tax Rate dropped s

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