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Stock impact report

STRATTEC SECURITY CORPORATION Reports Fiscal 2019 First Quarter 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, Oct. 25, 2018 (GLOBE NEWSWIRE) -- STRATTEC SECURITY CORPORATION (“STRATTEC” or the “Company”) (NASDAQ:STRT) today reported operating results for the fiscal first quarter ended September 30, 2018. Net sales for the Company’s fiscal 2019 first quarter ended September 30, 2018 were $117.2 million, compared to net sales of $102.5 million for the prior year quarter ended October 1, 2017.  Net income for the current year quarter was $3.5 million, compared to net income of $2.5 million in the prior year quarter.  Diluted earnings per share for the current year quarter were $0.93 compared to diluted earnings per share of $0.67 in the prior year quarter. Net sales to each of our customers or customer groups in the current year quarter and prior year quarter were as follows (in thousands):   Three Months Ended  September 30, 2018 October 1, 2017     Fiat Chrysler Automobiles $ 30,297 $ 24,102General Motors Company 25,287 20,338Ford Motor Company 15,523 15,373T Show less Read more
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