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0.0253667481662591 0.0253667481662591 0.0253667481662591 0.0253667481662591 0.0146699266503669 0.0146699266503669 0.023838630806846 0.0253667481662593
Stock impact report

STRATTEC SECURITY CORPORATION Reports Fiscal 2018 Fourth Quarter and Full Year Operating Results

STRATTEC SECURITY CORPORATION (STRT) 
Last strattec security corporation earnings: 4/23 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: strattec.com/investors
Company Research Source: GlobeNewswire
MILWAUKEE, Wis., Aug. 09, 2018 (GLOBE NEWSWIRE) -- STRATTEC SECURITY CORPORATION (“STRATTEC” or the “Company”) (NASDAQ:STRT) today reported operating results for the fiscal fourth quarter and year ended July 1, 2018. Fourth QuarterNet sales for the fourth quarter ended July 1, 2018 were $116.7 million, compared to net sales of $108.4 million for the fourth quarter ended July 2, 2017.  Net income was $4.0 million in the current year quarter compared to $1.8 million in the prior year quarter.  Diluted earnings per share for the 2018 fourth quarter were $1.07 compared to $0.48 in the prior year quarter. Net sales to each of our customers in the current year quarter and prior year quarter were as follows (in thousands):  Three Months Ended July 1, 2018 July 2, 2017    Fiat Chrysler Automobiles$33,263 $25,984General Motors Company21,675 22,518Ford Motor Company14,933 16,250Tier 1 Customers19,232 17,678Commercial and Other OEM Customers22,609 17,818Hyundai / Kia5,018 8,182TOTAL$116,730  Show less Read more
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