Strattec Security Corp (STRT)Posts Q1 EPS of $2.55

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Go back to Strattec Security Corp (STRT)Posts Q1 EPS of $2.55

STRATTEC SECURITY CORPORATION Reports Record Fiscal 2015 First Quarter Sales and Operating Results

October 23, 2014 5:00 PM EDT

MILWAUKEE, Oct. 23, 2014 (GLOBE NEWSWIRE) -- STRATTEC SECURITY CORPORATION (Nasdaq: STRT) today reported operating results for the fiscal first quarter ended September 28, 2014.

Net sales for the Company's first quarter ended September 28, 2014 were $122.2 million, compared to net sales of $79.6 million for the prior year quarter ended September 29, 2013. Net income for the current year quarter was $9.3 million, compared to net income of $3.2 million in the prior year quarter. Diluted earnings per share for the current year quarter were $2.55 compared to diluted earnings per share of $.91 in the prior year quarter.

Net sales to... More