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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
8-K - STRATTEC SECURITY CORP (0000933034) (Filer)
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10-K - STRATTEC SECURITY CORP (0000933034) (Filer)
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SC 13G/A - STRATTEC SECURITY CORP (0000933034) (Subject)
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4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
STRATTEC SECURITY CORPORATION (NASDAQ:STRT) ("Company"), a leading provider of "smart" vehicle power access and electronic and security solutions for the global automotive industry, today announced that Jennifer L. Slater, President and Chief Executive Officer, and Dennis P. Bowe, Chief Financial Officer, will present and host investor meetings at the Sidoti Small Cap Virtual Conference on Wednesday, September 18, 2024. The Company presentation is scheduled to begin at 10:00 a.m. Eastern Time. A live audio webcast of the event, accompanied by slides, will be available at investors.strattec.com. An archive of the presentation will also be available at the same link following the conference.
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, June 14, 2024 (GLOBE NEWSWIRE) -- The Board of Directors ("Board") of STRATTEC SECURITY CORPORATION (NASDAQ:STRT) (the "Company") is proud to announce the appointment of Jennifer L. Slater as the Company's President and Chief Executive Officer and Board member, each effective July 1, 2024. Slater is a senior executive at Sensata Technologies, Inc. with over 25 years of experience as a leader and a manager. Her experience includes general management, engineering, finance, sales and strategy. She has delivered results for owners across a diverse set of enterprises that include publicly traded companies, privately held firms, and private equity owners. Board Chair, F. Jack Liebau,
The Board of Directors ("Board") of STRATTEC SECURITY CORPORATION (NASDAQ:STRT) (the "Company") is proud to announce the appointment of Jennifer L. Slater as the Company's President and Chief Executive Officer and Board member, each effective July 1, 2024. Slater is a senior executive at Sensata Technologies, Inc. with over 25 years of experience as a leader and a manager. Her experience includes general management, engineering, finance, sales and strategy. She has delivered results for owners across a diverse set of enterprises that include publicly traded companies, privately held firms, and private equity owners.
Strattec Security (NASDAQ:STRT) reported quarterly earnings of $0.37 per share which beat the analyst consensus estimate of $0.10 by 270 percent. This is a 164.91 percent increase over losses of $(0.57) per share from the same period last year. The company reported quarterly sales of $140.773 million which beat the analyst consensus estimate of $129.419 million by 8.77 percent. This is a 10.69 percent increase over sales of $127.183 million the same period last year.
Strattec Security (NASDAQ:STRT) reported its Q2 earnings results on Thursday, February 8, 2024 at 04:00 PM. Here's what investors need to know about the announcement. Earnings Strattec Security beat estimated earnings by 156.52%, reporting an EPS of $0.26 versus an estimate of $-0.46. Revenue was up $5.35 million from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $1.26 which was followed by a 0.0% increase in the share price the next day. Here's a look at Strattec Security's past performance: Quarter Q1 2024 Q4 2023 Q3 2023 Q2 2023 EPS Estimate -0.21 -0.20 -0.23 0.05 EPS Actual 1.05 -0.69 -0.57 -0.47 Revenue Estimate 126.11M 125.03M 1
MILWAUKEE, June 14, 2024 (GLOBE NEWSWIRE) -- The Board of Directors ("Board") of STRATTEC SECURITY CORPORATION (NASDAQ:STRT) (the "Company") is proud to announce the appointment of Jennifer L. Slater as the Company's President and Chief Executive Officer and Board member, each effective July 1, 2024. Slater is a senior executive at Sensata Technologies, Inc. with over 25 years of experience as a leader and a manager. Her experience includes general management, engineering, finance, sales and strategy. She has delivered results for owners across a diverse set of enterprises that include publicly traded companies, privately held firms, and private equity owners. Board Chair, F. Jack Liebau,
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 President, and has served as President and Chief Executive Officer since September 1, 2012. Rolando Guillot, Senior Vice President – Operations and Chief Operating