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.
Key figures
- Eps
- 0.78
- Revenue
- 137632000
- Revenue Yoy
- -4.5%
- Fcf
- 11441000
- Gross margin
- 16.5%
- Gross profit
- 22661000
- Adjusted ebitda
- 10100000
- Operating income
- 5046000
AI analysis
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