STRT - Dividend announcements

MILWAUKEE, Aug. 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. Fourth Quarter Fiscal 2024 Financial Highlights Diluted earnings per share of $2.39 versus $0.69 loss last yearGross Margins expanded to 13.0% compared with 9.3% last yearRevenues increased by 8.2%, driven by pricing increases and new product sales STRATTEC President and CEO Jennifer Slater said, "The financial performance of the business continued due to improved pricing, and new product introductions which are expanding STRATTEC's offerings to o

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 expanded to 10.4% compared with 7.9% last yearRevenues increased by 10.7%, driven by pricing increases and new product sales STRATTEC Interim CEO Rolando Guillot said, "This quarter we continued to make progress on our financial performance due to improved pricing and new product introductions that are expand

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% compared with 6.5% last yearRevenues increased by 4.7%, driven by pricing increases with major customers STRATTEC Interim CEO Rolando Guillot said, "This quarter demonstrated the progress we are making in improving our financial performance. It also highlighted opportunities to optimize our working ca

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 earnings per share for the current year quarter were $1.05 and for the prior year first quarter were $0.03. Net sales to each of our customers in the current year quarter and prior year q

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 engineering costs associated with a customer reimbursement of engineering development costs. Fourth Quarter OverviewNet sales for the fourth quarter ended July 2, 2023 were $132.2 million, compared to net

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 share for the current year third quarter was $0.57 compared to diluted earnings per share of $0.80 in the prior year third quarter. For the nine months ended April 2, 2023, the Company's

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 loss per share for the current year second quarter was $0.47 compared to diluted earnings per share of $0.87 in the prior year second quarter. For the six months ended January 1, 2023,

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. Diluted earnings per share for the current year quarter and during the prior year first quarter were $0.03. Despite current year quarter net sales growth of 20% driven by improvement in sem

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 China operations which is further described in this press release. Fourth Quarter Overview Net sales for the Company's fourth quarter ended July 3, 2022 were $123.1 million, compared to net sales of $

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 the current year quarterly period were $0.80 compared to diluted earnings per share of $1.15 in the prior year quarter. For the nine months ended March 27, 2022, the Company's net sal

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. Diluted earnings per share for the current year second quarter were $0.87 compared to diluted earnings per share of $1.85 in the prior year second quarter. Both the current year quarter

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 year first quarter. Diluted earnings per share for the first quarter were $0.03 compared to diluted earnings per share of $2.11 in the prior year first quarter. The current year

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 million for the fourth quarter ended June 28, 2020. Net income for the current year quarterly period was $2.9 million, compared to a net loss of $10.5 million in the prior year fourth quarter. Diluted earnings p

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 earnings per share for the current year quarterly period were $1.15 compared to diluted earnings per share of $0.79 in the prior year quarter. For the nine months ended M

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 $7.1 million in the current year quarter, compared to a net loss of $1,341,000 in the prior year quarter. Diluted earnings per share for the current year second quarter were $1.85 compared