STRT's Q3 EPS and sales miss estimates as OEM volume falls and forex/tariffs hurt, even with restructuring gains and strong cash.
Strattec Security NASDAQ: STRT reported lower third-quarter fiscal 2026 sales but improved gross margin and strong cash generation, as management said restructuring actions and operational changes continued to support profitability despite a softer automotive production environment.
Strattec Security Corporation (STRT) Q3 2026 Earnings Call Transcript
| Automobile Components Industry | Consumer Discretionary Sector | Jennifer L. Slater CEO | XBUD Exchange | US8631111007 ISIN |
| US Country | 3,365 Employees | 27 Mar 2020 Last Dividend | - Last Split | 24 May 1995 IPO Date |
Strattec Security Corporation is a key player in the automotive access control industry, operating under the VAST Automotive Group brand mainly in North America. With a foundation dating back to 1908 and headquartered in Milwaukee, Wisconsin, the company specializes in the design, development, manufacturing, and marketing of a wide range of automotive access control products. Strattec caters to a broad audience, including automotive and light truck original equipment manufacturers and other transportation-related manufacturers. Additionally, it serves the aftermarket through wholesale distributors and other marketers. The company's global footprint extends through exports to Europe, South America, Korea, China, and India. Strattec is not only committed to innovation in the automotive industry but also offers a comprehensive range of support services for its products, ensuring longevity and customer satisfaction.