Strattec Security Corporation designs, develops, manufactures, and markets automotive access control products under the VAST Automotive Group brand primarily in North America. The company offers mechanical and electronically enhanced locks and keys, passive entry passive start systems, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power tailgate and lift gate systems, power deck lid systems, door handles, and related products. It also provides full service and aftermarket support services for its products. The company markets its products to automotive and light truck original equipment manufacturers, as well as other transportation-related manufacturers; and through wholesale distributors, other marketers, and users of component parts, as well as certain products to non-automotive commercial customers. It also exports its products to Europe, South America, Korea, China, and India. Strattec Security Corporation was founded in 1908 and is headquartered in Milwaukee, Wisconsin.
IPO Year:
Exchange: NASDAQ
Website: strattec.com
| Date | Price Target | Rating | Analyst |
|---|
Fastest customizable press release news feed in the world
Strattec (NASDAQ:STRT), a global provider of highly engineered access solutions for the automotive and mobility industries, today announced that Jennifer Slater, President & CEO, and Matthew Pauli, Chief Financial Officer, will present and host investor meetings at the East Coast IDEAS Investor Conference on Wednesday, June 10, 2026. The Strattec presentation is scheduled to begin at 1:20 p.m. Eastern Time. A live audio webcast of the event with accompanying slides will be available at STRT Investor Relations. An archive of the presentation will be available at the same link following the conference. ABOUT STRATTEC Strattec is a global automotive access company that designs and delivers
Strattec (the "Company") (NASDAQ:STRT), a global provider of highly engineered access solutions for the automotive and mobility industries, today announced that its Board of Directors has authorized a new share repurchase program under which the Company may repurchase up to $40 million of its outstanding common stock. Jennifer Slater, President and CEO of Strattec, stated, "Our strong cash position allows us to continue investing in our transformation and growth strategy while also returning capital to shareholders through this new repurchase authorization. We are confident in our ability to generate strong cash flow to support these priorities while maintaining the financial flexibility
Strong balance sheet provides financial flexibility with $107 million of cash; $11.4 million of cash generated from operations in the third quarter Sales declined 4.5%, consistent with expectations, on lower North American OEM automotive production volumes of key platforms Gross margin improved 50 basis points year-over-year to 16.5%, despite the sales decline and 170 basis point foreign currency exchange rate headwind Net income attributable to Strattec was $3.2 million, or $0.78 per diluted share; Adjusted EBITDA1 was $10.1 million, or 7.3% of net sales Strattec (NASDAQ:STRT), a global provider of highly engineered access solutions for the automotive and mobility industries,
Strattec (NASDAQ:STRT), a global provider of highly engineered access solutions for the automotive and mobility industries, today announced that it will release its fiscal 2026 third quarter results after the close of financial markets on Thursday, May 7, 2026. The Company will host a conference call and webcast on Friday, May 8, 2026, to review the financial and operating results for the period ended March 29, 2026. A question-and-answer session will follow. Third Quarter 2026 Conference Call Date: Friday, May 8, 2026 Time: 8:00 a.m. Central Time Phone: +1 (201) 689-8470 Webcast and accompanying slide presentation: investors.strattec.com A telephonic replay will be available from 1
New Brand Reflects Evolving Systems-Level Capabilities in Vehicle Access Solutions Strattec (NASDAQ:STRT), a global provider of highly engineered access solutions for the automotive and mobility industries, today announced a strategic brand revitalization that reflects the Company's ongoing transformation into a system-level access partner for the leading global automotive OEMs. The brand rejuvenation, including the launch of a redesigned website at www.strattec.com, marks another milestone in Strattec's transformation journey. Since 2024, Strattec has demonstrated progress with strong operational and financial results achieved through a new business system, production modernization and
Strattec Security Corporation (NASDAQ:STRT) ("Company"), a leading provider of smart vehicle access, security and authorization solutions for the global automotive industry, today announced that Jennifer Slater, President & CEO, and Matthew Pauli, Chief Financial Officer, will virtually present and host investor meetings at the Sidoti Small Cap Conference on Wednesday, March 18, 2026. The Company presentation is scheduled to begin at 1:00 p.m. Eastern Time. A live audio webcast of the event with accompanying slides will be available at STRT Investor Relations. An archive of the presentation will be available at the same link following the conference. About Strattec Strattec is a leadi
Sales for the quarter grew 6% to $137.5 million driven by pricing, new program launches, customer inventory builds and select platform successes Gross margin for the quarter was 16.5%, compared with 13.2% in the prior year period Net income attributable to Strattec for the second quarter fiscal 2026 was $4.9 million, or $1.20 per diluted share; compared with $0.32 per diluted share in the prior year period Adjusted EBITDA1 was $12.3 million, or 8.9% of sales, compared with $8.0 million in the prior year second quarter. Strong balance sheet provides financial flexibility; $99.0 million in cash and $2.5 million in debt Furthered fiscal 2026 restructuring actions which collecti
Strattec Security Corporation (NASDAQ:STRT) ("Strattec" or "Company"), a leading provider of smart vehicle access, security and authorization solutions for the global automotive industry, today announced that it will release its fiscal 2026 second quarter results after the close of financial markets on Thursday, February 5, 2026. The Company will host a conference call and webcast on Friday, February 6, 2026, to review the financial and operating results for the period ended December 28, 2025. A question-and-answer session will follow. Second Quarter 2026 Conference Call Date: Friday, February 6, 2026 Time: 9:00 a.m. Eastern Time Phone: +1 (201) 689-8470 Webcast and accompanying slide
Strattec Security Corporation (NASDAQ:STRT) ("Company"), a leading provider of smart vehicle access, security and authorization solutions for the global automotive industry, announced today that Jennifer Slater, President & CEO, will be a participant on a panel at CES on Tuesday, January 6 at 11:00 am PT. The panel, which is sponsored by the Boston Consulting Group, is titled "Smarter Together: AI, Cost & the Future of OEM-Supplier Collaboration". The panel will discuss how the traditional OEM–supplier relationship is evolving and how both parties can better leverage AI and new forms of collaboration to drive win-win outcomes to better position the industry to thrive in an increasingly un
Strattec Security Corporation (NASDAQ:STRT) ("Company"), a leading provider of smart vehicle access, security and authorization solutions for the global automotive industry, today announced that Jennifer Slater, President & CEO, and Matthew Pauli, Chief Financial Officer, will participate in two upcoming virtual investor conferences: the iAccess Alpha Virtual Best Ideas Winter Investment Conference and the Sidoti Year End Virtual Investor Conference. Investor Conference Details: December 9 & 10, 2025 – iAccess Alpha Virtual Best Ideas Winter Investment Conference; management will webcast a presentation at 10:00 a.m. Eastern Time on December 9th and will virtually host one-on-one meetings
8-K - STRATTEC SECURITY CORP (0000933034) (Filer)
SD - STRATTEC SECURITY CORP (0000933034) (Filer)
10-Q - STRATTEC SECURITY CORP (0000933034) (Filer)
8-K - STRATTEC SECURITY CORP (0000933034) (Filer)
8-K - STRATTEC SECURITY CORP (0000933034) (Filer)
SCHEDULE 13G/A - STRATTEC SECURITY CORP (0000933034) (Subject)
SCHEDULE 13G - STRATTEC SECURITY CORP (0000933034) (Subject)
10-Q - STRATTEC SECURITY CORP (0000933034) (Filer)
8-K - STRATTEC SECURITY CORP (0000933034) (Filer)
10-Q - STRATTEC SECURITY CORP (0000933034) (Filer)
Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
4 - STRATTEC SECURITY CORP (0000933034) (Issuer)
Live finance-specific insights
Strong balance sheet provides financial flexibility with $107 million of cash; $11.4 million of cash generated from operations in the third quarter Sales declined 4.5%, consistent with expectations, on lower North American OEM automotive production volumes of key platforms Gross margin improved 50 basis points year-over-year to 16.5%, despite the sales decline and 170 basis point foreign currency exchange rate headwind Net income attributable to Strattec was $3.2 million, or $0.78 per diluted share; Adjusted EBITDA1 was $10.1 million, or 7.3% of net sales Strattec (NASDAQ:STRT), a global provider of highly engineered access solutions for the automotive and mobility industries,
Strattec (NASDAQ:STRT), a global provider of highly engineered access solutions for the automotive and mobility industries, today announced that it will release its fiscal 2026 third quarter results after the close of financial markets on Thursday, May 7, 2026. The Company will host a conference call and webcast on Friday, May 8, 2026, to review the financial and operating results for the period ended March 29, 2026. A question-and-answer session will follow. Third Quarter 2026 Conference Call Date: Friday, May 8, 2026 Time: 8:00 a.m. Central Time Phone: +1 (201) 689-8470 Webcast and accompanying slide presentation: investors.strattec.com A telephonic replay will be available from 1
Sales for the quarter grew 6% to $137.5 million driven by pricing, new program launches, customer inventory builds and select platform successes Gross margin for the quarter was 16.5%, compared with 13.2% in the prior year period Net income attributable to Strattec for the second quarter fiscal 2026 was $4.9 million, or $1.20 per diluted share; compared with $0.32 per diluted share in the prior year period Adjusted EBITDA1 was $12.3 million, or 8.9% of sales, compared with $8.0 million in the prior year second quarter. Strong balance sheet provides financial flexibility; $99.0 million in cash and $2.5 million in debt Furthered fiscal 2026 restructuring actions which collecti
Strattec Security Corporation (NASDAQ:STRT) ("Strattec" or "Company"), a leading provider of smart vehicle access, security and authorization solutions for the global automotive industry, today announced that it will release its fiscal 2026 second quarter results after the close of financial markets on Thursday, February 5, 2026. The Company will host a conference call and webcast on Friday, February 6, 2026, to review the financial and operating results for the period ended December 28, 2025. A question-and-answer session will follow. Second Quarter 2026 Conference Call Date: Friday, February 6, 2026 Time: 9:00 a.m. Eastern Time Phone: +1 (201) 689-8470 Webcast and accompanying slide
Gross margin for the quarter was 17.3% on $152.4 million in sales Net income attributable to Strattec for the first quarter fiscal 2026 was $8.5 million, or $2.07 per diluted share; adjusted EBITDA1 was $15.6 million, or 10.2% of sales Generated $11.3 million in cash from operations similar to the first quarter of fiscal 2025 Strong balance sheet provides financial flexibility; $90.5 million in cash and $5.0 million in debt Continued actions to streamline organization; additional restructuring in Mexico operations expected to provide approximately $1 million in annualized savings Strattec Security Corporation (NASDAQ:STRT) ("Company" or "Strattec"), a leading provider of sm
Strattec Security Corporation (NASDAQ:STRT) ("Strattec" or "Company"), a leading provider of smart vehicle access, security and authorization solutions for the global automotive industry, today announced that it will release its fiscal 2026 first quarter results after the close of financial markets on Thursday, October 30, 2025. The Company will host a conference call and webcast on Friday, October 31, 2025, to review the financial and operating results for the period ended September 28, 2025. A question-and-answer session will follow. First Quarter 2026 Conference Call Date: Friday, October 31, 2025 Time: 9:00 a.m. Eastern Time Phone: +1 (201) 689-
Gross margin for the quarter was 16.7% compared with 13.0% in prior year period; fiscal 2025 gross margin was 15.0%, a 280 basis point improvement year-over-year on sales of $565.1 million Cash from operations was $30.2 million in fiscal 2025 fourth quarter and $71.7 million for the full year Further strengthened already healthy balance sheet by reducing debt by $5 million; $84.6 million in cash enables continued investment in transformation efforts and provides safeguard against near term market tempering Net income attributable to Strattec for the fourth quarter fiscal 2025 was $8.3 million, or $2.01 per diluted share; adjusted EBITDA1 was $13.0 million, or 8.5% of sales Net
Strattec Security Corporation (NASDAQ:STRT) ("Strattec" or "Company"), a leading provider of smart vehicle access, security and authorization solutions for the global automotive industry, today announced that it will release its fiscal 2025 fourth quarter and fiscal year results after the close of financial markets on Thursday, August 14, 2025. The Company will host a conference call and webcast on Friday, August 15, 2025, to review the financial and operating results for the period ended June 29, 2025. A question-and-answer session will follow. Fourth Quarter & Fiscal Year 2025 Conference Call Date: Friday, August 15, 2025 Time: 9:00 a.m. Eastern Time
Strong cash generation of $20.7 million in fiscal 2025 third quarter, the result of cash earnings and improved working capital velocity Healthy balance sheet with limited debt and $62 million of cash provides safeguard against near term tariff turmoil and tempering market conditions Net income attributable to STRATTEC Security Corporation was $5.4 million, or $1.32 per diluted share, compared with $1.5 million, or $0.37 per diluted share, in the year ago quarter Delivered adjusted EBITDA1 of $12.9 million, or 8.9% of sales, compared with $6.2 million, or 4.4%, in prior-year period Further advanced cost reduction efforts with restructuring of Mexico operations in March; bringing tot
STRATTEC SECURITY CORPORATION (NASDAQ:STRT) ("STRATTEC" or "Company"), a leading provider of smart vehicle access, security and authorization solutions for the global automotive industry, today announced that it will release its third quarter fiscal year 2025 results after the close of financial markets on Thursday, May 8, 2025. The Company will host a conference call and webcast on Friday, May 9, 2025, to review the financial and operating results for the period ended March 30, 2025. A question-and-answer session will follow. Third Quarter Fiscal Year 2025 Conference Call Date: Friday, May 9, 2025 Time: 9:00 a.m. Eastern Time Phone: (201) 689-8470 Webcast and a
Live Leadership Updates
Dennis Bowe to continue in advisory role to support transition STRATTEC SECURITY CORPORATION (NASDAQ:STRT) ("STRATTEC" or "Company"), a leading provider of smart vehicle power access, security & authorization solutions for the global automotive industry, today announced the Board of Directors of STRATTEC has appointed Matthew Pauli as Senior Vice President, Chief Financial Officer effective November 13, 2024. He will succeed Dennis Bowe, who will be continuing with the Company in an advisory role to aid in the transition. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241111337953/en/The Board of Directors of STRATTEC has appo
STRATTEC SECURITY CORPORATION (NASDAQ:STRT) ("STRATTEC" or "Company"), a leading provider of smart vehicle power access, security & authorization solutions for the global automotive industry, today announced the appointment of Chey Becker-Varto as Chief Commercial Officer and Linda Redmann as Chief People Officer, a newly created position. Both officers will report to CEO Jennifer L. Slater effective November 11, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241104708510/en/Chey Becker-Varto appointed as Chief Commercial Officer (Photo: Business Wire) Jennifer Slater, STRATTEC President and CEO, noted, "As we work to trans
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
This live feed shows all institutional transactions in real time.
SC 13D/A - STRATTEC SECURITY CORP (0000933034) (Subject)
SC 13G - STRATTEC SECURITY CORP (0000933034) (Subject)
SC 13D/A - STRATTEC SECURITY CORP (0000933034) (Subject)
SC 13G/A - STRATTEC SECURITY CORP (0000933034) (Subject)
SC 13G/A - STRATTEC SECURITY CORP (0000933034) (Subject)
SC 13G/A - STRATTEC SECURITY CORP (0000933034) (Subject)
SC 13G/A - STRATTEC SECURITY CORP (0000933034) (Subject)
SC 13D - STRATTEC SECURITY CORP (0000933034) (Subject)
SC 13D/A - STRATTEC SECURITY CORP (0000933034) (Subject)
SC 13G/A - STRATTEC SECURITY CORP (0000933034) (Subject)