STRATTEC SECURITY CORPORATION Reports Fiscal 2024 Second Quarter Operating Results
STRATTEC SECURITY CORPORATION (STRT)
Last strattec security corporation earnings: 4/23 04:00 pm
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US:NASDAQ Investor Relations:
strattec.com/investors
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Source: GlobeNewswire
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 capital and strong balance sheet. We intend to take advantage of a more predictable supply chain to bring greater efficiencies to our operations. Looking forward, we will focus on new product introductions that will expand STRATTEC’s offerings to our customers.” Second Quarter Fiscal 2024 Financial
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News
- Strattec Security Corporation (NASDAQ:STRT) is largely controlled by institutional shareholders who own 68% of the company [Yahoo! Finance]Yahoo! Finance
- Strattec Security: Time To Look Elsewhere With Profits Locked In (Downgrade) [Seeking Alpha]Seeking Alpha
- Strattec Could Be A Speculative Buy, But A Long-Term Hold [Seeking Alpha]Seeking Alpha
- Be Wary Of Strattec Security (NASDAQ:STRT) And Its Returns On Capital [Yahoo! Finance]Yahoo! Finance
- Strattec Security Corp (STRT) Posts Positive Earnings in Fiscal Q2 2024, Reversing Prior Losses [Yahoo! Finance]Yahoo! Finance
STRT
Earnings
- 2/8/24 - Beat
STRT
Sec Filings
- 3/5/24 - Form 4
- 2/28/24 - Form 4
- 2/26/24 - Form 4
- STRT's page on the SEC website