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    STRATTEC SECURITY CORPORATION filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

    11/4/24 4:15:11 PM ET
    $STRT
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    8-K
    false000093303400009330342024-11-042024-11-04

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, DC 20549

    FORM 8-K

    CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the

    Securities Exchange Act of 1934

    Date of report (Date of earliest event reported): November 4, 2024

    STRATTEC SECURITY CORPORATION

    (Exact Name of Registrant as Specified in Charter)

    Wisconsin

    0-25150

    39-1804239

    (State or Other Jurisdiction

    of Incorporation)

    (Commission

    File Number)

    (I.R.S. Employer

    Identification No.)

     

    3333 West Good Hope Road, Milwaukee, Wisconsin 53209

    (Address of Principal Executive Offices, and Zip Code)

    (414) 247-3333

    Registrant’s Telephone Number, Including Area Code

     

     

    (Former name or former address, if changed since last report)

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

    

    Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    

    Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    

    Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

    Title of each class

     

    Trading Symbol

     

    Name of each exchange on which registered

    Common Stock, $.01 par value

     

    STRT

     

    The Nasdaq Global Stock Market

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    Emerging growth company ☐

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     


     

    Section 2 – Financial Information

     

    Item 2.02. Results of Operations and Financial Condition.

     

    On November 4, 2024, STRATTEC SECURITY CORPORATION (the “Company”) issued a press release (the “Press Release”) announcing results for the fiscal first quarter ended September 29, 2024. A copy of the Press Release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

     

    Also on November 4, 2024, the Company first provided investors with a supplemental presentation regarding fiscal first quarter earnings and other current financial information, attached as Exhibit 99.2 hereto and incorporated by reference herein (the “Investor Presentation”).

     

    Pursuant to General Instruction B.2 of Current Report on Form 8-K, the information in this Item 2.02 and Exhibits 99.1 and 99.2 are being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section. Furthermore, the information in this Item 2.02 and Exhibit 99.1 shall not be deemed to be incorporated by reference into the filings of STRATTEC under the Securities Act of 1933, as amended (the “Securities Act”), except as may be expressly set forth by specific reference in such filing.

     

    Item 7.01 Regulation FD Disclosure.

     

    As described in “Item 2.02 Results of Operations and Financial Condition” above, on November 4, 2024, the Company issued a Press Release announcing earnings results for the fiscal first quarter ended September 29, 2024 and an Investor Presentation containing supplemental fiscal first quarter earnings and other current financial information. The Press Release and Investor Presentation issued in connection with the announcement are attached as Exhibits 99.1 and 99.2 to this Current Report on Form 8-K.

     

    Pursuant to General Instruction B.2 of Current Report on Form 8-K, the information in this Item 7.01 and Exhibits 99.1 and 99.2 are being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liability of that section. Furthermore, the information in this Item 7.01 and Exhibits 99.1 and 99.2 shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act, except as may be expressly set forth by specific reference in such filing.

     

    Item 9.01 Financial Statements and Exhibits.

    (d) Exhibits.

    Exhibit Number

    Description

    99.1

    Press Release of STRATTEC SECURITY CORPORATION, issued November 4, 2024

    99.2

    Investor Presentation

    104

    Cover Page Interactive Data File (embedded within the Inline XBRL document)

     

     


     

    SIGNATURE

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

    STRATTEC SECURITY CORPORATION

     

    By: /s/ Dennis P. Bowe

    Dennis P. Bowe, Vice President and

    Chief Financial Officer

     

     

    Date: November 4, 2024

     

     


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