Strattec Security Corp (STRT) Tops Q1 EPS by 59c
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Strattec First Quarter Fiscal 2026 Financial Results Validate Operational Improvements
October 30, 2025 4:15 PM EDTGross 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
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