STRATTEC SECURITY CORP (STRT) Established in 1908 and headquartered in Milwaukee, Wisconsin, Strattec Security Corporation specializes in the design, development, manufacturing, and marketing of automotive access control products. Predominantly operating in North America, their solutions are frequently branded under the VAST Automotive Group. Their comprehensive product line includes both mechanical and electronically advanced locks and keys, passive entry and start systems, ignition lock housings for steering columns and instrument panels, various latches, power sliding side door systems, power tailgate and liftgate mechanisms, power deck lid systems, and door handles, among other related components. Beyond manufacturing, Strattec also provides full service and aftermarket support for its products. The company's diverse customer base encompasses original equipment manufacturers (OEMs) for cars and light trucks, other transportation-related manufacturers, as well as wholesale distributors, other marketers, and direct users of component parts. Furthermore, certain products are supplied to non-automotive commercial clients. Internationally, Strattec exports its goods to regions including Europe, South America, Korea, China, and India.
Sector: Motor Vehicle Parts & Accessories
Industry: Auto - Parts
Strattec Security Corporation NASDAQ:STRT Consumer Cyclical · Auto - Parts
AH Close $61.01 +0.00% vs close
AH Close $61.01 +0.00% vs close
All Press Release SEC Filings News
Press Release
Strattec Announces Fiscal 2027 First Quarter Financial Results Conference Call and Webcast
Strattec will release its fiscal 2027 first quarter results after market close on Thursday, October 29, 2026.
The company will host a conference call and webcast Friday, October 30, 2026, at 8:00 a.m. Central Time to review results for the period ended September 27, 2026.
This is a scheduling notice only; no financial results or guidance are included.
• 10d ago AI analysis › SEC Filing
STRT: 8-K · proxy statement
Strattec Security Corporation held its 2026 Annual Meeting of Shareholders on October 13, 2026, with approximately 89.5% of outstanding shares represented. All seven director nominees were elected to serve until the 2027 annual meeting, including Matteo Anversa, Jennifer Slater, and R. Bruce McDonald.
Shareholders approved executive compensation in a non-binding advisory vote, with 98.0% of votes cast in favor, signaling minimal compensation-related discontent.
The appointment of Deloitte & Touche LLP as independent auditor for the fiscal year ending June 27, 2027 was ratified with 3,498,638 votes for. The filing is routine and carries no material financial implications.
SEC 8-K • 11d ago News
Why Is Strattec Security (STRT) Down 7.9% Since Last Earnings Report?
zacks.com • 1mo ago SEC Filing ⚠ 3
STRT: DEF 14A · proxy statement
Strattec Security Corporation filed its 2026 proxy statement ahead of the October 13, 2026 annual meeting, where shareholders will vote on electing seven directors, ratifying Deloitte & Touche LLP as auditor, and an advisory say-on-pay proposal. Two new nominees with automotive backgrounds, R. Bruce McDonald (Executive Chairman of Dana Inc.) and Tribby Warfield, join the slate while current director Tina Chang will not stand for reelection.
The chairman's letter disclosed that Strattec's stock rose approximately 33% in fiscal 2026 versus a 22% gain for the S&P 500. The company repurchased 110,269 shares for $7.4 million in the fourth quarter, and in May 2026 the Board approved a new $40 million share repurchase authorization, with management also signaling appetite for accretive strategic acquisitions.
CEO Jennifer Slater's fiscal 2026 total compensation was $3,409,754, down from $5,378,066 the prior year, and the CEO-to-median-employee pay ratio was 282 to 1. The previous say-on-pay vote won over 93% support, and the Board unanimously recommends voting FOR all three proposals.
SEC DEF 14A • 1mo ago News
Strattec Security Targets Margin Gains, New Customers and Digital Key Growth
marketbeat.com • 1mo ago SEC Filing ⚠ 8
STRT: 10-K · periodic report
Strattec Security closed fiscal 2026 with net sales of $579.4 million, up 3% year over year, and net income attributable to Strattec of $20.6 million, a 10% increase, or $5.00 per diluted share. Gross margin expanded 150 basis points to 16.5%, driven by pricing (including $2.6 million of U.S. tariff surcharges) and restructuring savings, partially offset by $9.5 million of lost sales from customer-cancelled EV programs.
The company enters fiscal 2027 debt-free with $108.2 million of cash after repaying all outstanding borrowings and generating $46.3 million of operating cash flow. A new $40.0 million share repurchase authorization was approved on May 28, 2026, following $7.4 million of fourth-quarter buybacks (110,269 shares at an average $67.10), and no shares had yet been repurchased under the new program at fiscal year end.
Risks remain concentrated: General Motors, Ford and Stellantis accounted for 27%, 21% and 16% of fiscal 2026 sales, and management flags USMCA uncertainty after the July 2026 joint review, tariff exposure from its Mexico-centric manufacturing base, and third-party forecasts of a 5-6% production decline at its primary customers in fiscal 2027.
SEC 10-K • 1mo ago AI analysis › News
Strattec Security Corporation (STRT) Q4 2026 Earnings Call Transcript
seekingalpha.com • 1mo ago News
Strattec Security Q4 Earnings Call Highlights
marketbeat.com • 1mo ago News
Strattec Security (STRT) Beats Q4 Earnings and Revenue Estimates
zacks.com • 2mo ago Press Release ● Major ⚠ 3
Strattec Transformation Delivers Margin Improvement and Strong Cash Generation in Fiscal 2026
Strattec reported fiscal 2026 revenue of $579.4 million, up 2.5% year-over-year, with full-year gross margin expanding to 16.5% from 15.0% in the prior year.
The company ended the period with a strengthened balance sheet, holding $108.2 million in cash and no debt, and authorized a new $40 million share buyback program after repurchasing $7.4 million in Q4.
Adjusted EBITDA increased 15.3% to $50.5 million for the year, while Q4 adjusted EPS remained flat at $2.06 despite FX headwinds and tariff impacts.
• 2mo ago AI analysis › Press Release
Strattec to Present at the Midwest IDEAS Investor Conference
Strattec announced that CEO Jennifer Slater and CFO Matthew Pauli will present at the Midwest IDEAS Investor Conference on August 27, 2026.
The presentation is scheduled for 9:15 a.m. Central Time and will be accessible via a live audio webcast on the company's investor relations website.
This announcement pertains solely to participation in a non-deal roadshow event and contains no material financial or operational updates.
• 2mo ago AI analysis › Press Release
Strattec Announces Fiscal 2026 & Fourth Quarter Financial Results Conference Call and Webcast
Strattec announced it will release its fiscal 2026 and fourth quarter financial results after the market close on Tuesday, August 25, 2026.
The company plans to host a conference call and webcast on Wednesday, August 26, 2026, at 8:00 a.m. Central Time to review the financial and operating results for the period ended June 28, 2026.
A telephonic replay and webcast transcript will be made available on the company's investor relations website following the event.
• 2mo ago AI analysis › Press Release
Strattec to Present at the East Coast IDEAS Investor Conference
Strattec announced that CEO Jennifer Slater and CFO Matthew Pauli will present at the East Coast IDEAS Investor Conference on June 10, 2026.
The presentation is scheduled for 1:20 p.m. ET and will be available via live audio webcast on the company's investor relations website.
This is a standard calendar event notification with no new operational or financial disclosures.
• 4mo ago AI analysis › Press Release
Strattec Announces New $40 Million Share Repurchase Program
Strattec’s Board of Directors authorized a new $40 million share repurchase program, replacing the previous program initiated in 1996.
CEO Jennifer Slater cited the company’s strong cash position and confidence in generating future cash flow as drivers for returning capital to shareholders.
The program has no fixed expiration date and allows for repurchases via open market, block trades, or accelerated share repurchase transactions at the company’s discretion.
• 4mo ago AI analysis › News
STRT Q3 Earnings Miss Estimates on Lower Volume and Forex Drag
zacks.com • 5mo ago News
Strattec Security Q3 Earnings Call Highlights
marketbeat.com • 5mo ago SEC Filing
STRT: 10-Q · periodic report
Strattec Security Corporation reported net sales of $137.6 million for the third quarter of fiscal 2026, a decrease of 4.5% compared to $144.1 million in the prior year period. This decline was primarily due to lower OEM production volumes and the cancellation of certain customer programs.
Gross profit for the third quarter was $22.7 million, a slight decrease from $23.1 million in the prior year. Despite lower volumes and unfavorable foreign currency impacts, gross margin improved from 16.0% to 16.5%, driven by cost reduction initiatives and productivity improvements.
Selling, administrative, and engineering expenses increased by 10% to $17.6 million, primarily due to higher employee costs and business transformation expenses.
Net income attributable to Strattec was $3.24 million for the third quarter, a decrease of 40% from $5.396 million in the prior year period. The effective tax rate increased to 25.1% from 22.4%.
SEC 10-Q • 5mo ago AI analysis › News
Strattec Security Corporation (STRT) Q3 2026 Earnings Call Transcript
seekingalpha.com • 5mo ago News
Strattec Security (STRT) Q3 Earnings and Revenues Lag Estimates
zacks.com • 5mo ago Press Release
For Third Quarter Fiscal 2026, Strattec Continued to Advance Transformation Efforts to Strengthen Business Performance
Strattec reported Q3 fiscal 2026 net sales of $137.6 million, down 4.5% year-over-year, consistent with expectations due to lower North American OEM automotive production volumes.
Despite the sales decline, gross margin improved 50 basis points to 16.5%, driven by $1.7 million in restructuring savings and recoveries from customer program cancellations.
The company generated $11.4 million in cash from operations and ended the quarter with $107 million in cash, providing financial flexibility to support its transformation efforts.
• 5mo ago AI analysis › News
Strattec Gears Up to Report Q3 Earnings: What's in the Cards?
zacks.com • 5mo ago Press Release
Strattec Announces Fiscal 2026 Third Quarter Financial Results Conference Call and Webcast
Strattec will release its fiscal 2026 third quarter financial results after the market closes on Thursday, May 7, 2026.
The company plans to host a conference call and webcast on Friday, May 8, 2026, at 8:00 a.m. Central Time to discuss the results for the period ended March 29, 2026.
A replay of the call will be available via telephone and webcast, with a transcript to be posted on the investor relations website.
• 6mo ago AI analysis › News
Strattec: Profitability Transformation Is Driving The Story
seekingalpha.com • 6mo ago News
Here's Why Strattec Security (STRT) is a Strong Growth Stock
zacks.com • 6mo ago 
