STRATTEC SECURITY CORPORATION Generated $20.7 million in Cash from Operations in Fiscal 2025 Third Quarter
-
Strong cash generation of
in fiscal 2025 third quarter, the result of cash earnings and improved working capital velocity$20.7 million -
Healthy balance sheet with limited debt and
of cash provides safeguard against near term tariff turmoil and tempering market conditions$62 million -
Net income attributable to STRATTEC Security Corporation was
, or$5.4 million per diluted share, compared with$1.32 , or$1.5 million per diluted share, in the year ago quarter$0.37 -
Delivered adjusted EBITDA1 of
, or$12.9 million 8.9% of sales, compared with , or$6.2 million 4.4% , in prior-year period -
Further advanced cost reduction efforts with restructuring of
Mexico operations in March; bringing total annualized restructuring savings to approximately including changes in$5 million Milwaukee operations in January
Jennifer Slater, President and CEO of STRATTEC, said, “We delivered another strong quarter as the actions we are taking to transform STRATTEC into a more predictable, higher performing business are flowing through to our bottom line. During the quarter, we captured margin accretive pricing, benefited from both increased and higher value content on winning platforms and improved operational performance.”
Addressing the evolving state of global trade, Ms. Slater added, “The tariff situation has created a rapidly changing environment with significant unknowns. Nevertheless, given what we know today with the USMCA exemption, we estimate that the annual impact of tariffs is approximately
“We have been making measurable change within the organization to drive cost savings which in the short term will help offset these tariff costs as we work through mitigation actions. In the long term, we believe these actions will make STRATTEC a better business. In total, we have reduced our headcount by
FY 2025 Third Quarter Financial Summary
(compared with prior-year period, except where otherwise noted)
Net sales were
Gross profit increased
Engineering, selling and administrative (“ES&A”) expenses increased
A slight increase in interest expense was more than offset by the
Net income attributable to STRATTEC was
Restructuring and Business Transformation Progress
During the third quarter of fiscal 2025, the Company made continued progress on improving its cost structure, by completing the elimination of a production shift in its
Balance Sheet and Liquidity
Increased cash earnings and improved working capital management delivered
At March 30, 2025, the Company had
Third Quarter Fiscal Year 2025 Webcast and Conference Call
The Company will host a conference call and webcast tomorrow, Friday, May 9, 2025, at 9:00 am Eastern Time to review the financial and operating results for the period ended March 30, 2025, and provide an update on its transformation progress. A question-and-answer session will follow.
You can access the call by phoning (201) 689-8470 or find the webcast and accompanying slide presentation at investors.strattec.com.
A telephonic replay will be available from 12:00 p.m. ET on the day of the call through Friday, May 23, 2025. To listen to the archived call, dial (412) 317-6671 and enter a replay PIN 13752650. The webcast replay will be available on the Investor Relations section of the Company’s website where a transcript will be posted once available.
________________________________
|
About STRATTEC
STRATTEC is a leading global provider of advanced automotive access, security & authorization and select user interface solutions. With a history spanning over 110 years, STRATTEC has consistently been at the forefront of innovation in vehicle security, transitioning from mechanical to integrated electro-mechanical systems. The Company serves a broad range of customers, including leading automotive OEMs, offering power access solutions and advanced security systems that include door handles, lift gates, latches, and key fobs.
For more information on STRATTEC and its solutions, visit www.strattec.com.
Safe Harbor Statement
Certain statements contained in this release contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words or phrases such as “anticipate,” “believe,” “could,” “expect,” “intend,” “may,” “planned,” “potential,” “should,” “will,” and “would.” Such forward-looking statements are inherently subject to many uncertainties in the Company’s operations and business environment. These uncertainties include general economic conditions, in particular, relating to the automotive industry, consumer demand for the Company’s and its customers’ products, competitive and technological developments, customer purchasing actions, changes in warranty provisions and customer product recall policies, work stoppages at the Company or at the location of its key customers as a result of labor disputes, foreign currency fluctuations, uncertainties stemming from
Use of Non-GAAP Financial Metrics and Additional Financial Information
In addition to reporting financial results in accordance with generally accepted accounting principles, or GAAP, STRATTEC provides Adjusted Non-GAAP information as additional information for its operating results. References to Adjusted Non-GAAP information are to non-GAAP financial measures. These measures are not required by, in accordance with, or an alternative for, GAAP and may be different from similarly titled non-GAAP financial measures used by other companies. STRATTEC’s management uses these measures to make strategic decisions, establish budget plans and forecasts, identify trends affecting STRATTEC’s business, and evaluate performance. Management believes that providing these non-GAAP financial measures to investors, as a supplement to GAAP financial measures, will help investors evaluate STRATTEC’s core operating and financial performance and business trends consistent with how management evaluates such performance and trends. Investors are encouraged to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures.
FINANCIAL TABLES FOLLOW
STRATTEC SECURITY CORPORATION Condensed Results of Operations (In thousands, except per share amounts) (Unaudited) |
|||||||||||||||
Three Months Ended | Nine Months Ended | ||||||||||||||
March 30, 2025 |
March 31, 2024 |
March 30, 2025 |
March 31, 2024 |
||||||||||||
Net sales | $ |
144,082 |
|
$ |
140,773 |
|
$ |
413,053 |
|
$ |
394,711 |
|
|||
Cost of goods sold |
|
120,977 |
|
|
126,089 |
|
|
353,876 |
|
|
347,810 |
|
|||
Gross profit |
|
23,105 |
|
|
14,684 |
|
|
59,177 |
|
|
46,901 |
|
|||
Gross margin |
|
16.0 |
% |
|
10.4 |
% |
|
14.3 |
% |
|
11.9 |
% |
|||
Engineering, selling and administrative expenses |
|
16,020 |
|
|
12,725 |
|
|
44,895 |
|
|
38,778 |
|
|||
Income from operations |
|
7,085 |
|
|
1,959 |
|
|
14,282 |
|
|
8,123 |
|
|||
Operating margin |
|
4.9 |
% |
|
1.4 |
% |
|
3.5 |
% |
|
2.1 |
% |
|||
Interest expense |
|
(243 |
) |
|
(222 |
) |
|
(795 |
) |
|
(661 |
) |
|||
Investment income |
|
529 |
|
|
143 |
|
|
1,286 |
|
|
337 |
|
|||
Other (expense) income, net |
|
(16 |
) |
|
(208 |
) |
|
(369 |
) |
|
759 |
|
|||
Income before provision for income taxes and non-controlling interest |
|
7,355 |
|
|
1,672 |
|
|
14,404 |
|
|
8,558 |
|
|||
Provision for income taxes |
|
1,644 |
|
|
546 |
|
|
3,547 |
|
|
2,197 |
|
|||
Net income |
|
5,711 |
|
|
1,126 |
|
|
10,857 |
|
|
6,361 |
|
|||
Net income (loss) attributable to non-controlling interest |
|
315 |
|
|
(380 |
) |
|
439 |
|
|
(332 |
) |
|||
Net income attributable to STRATTEC SECURITY CORPORATION | $ |
5,396 |
|
$ |
1,506 |
|
$ |
10,418 |
|
$ |
6,693 |
|
|||
Earnings per share attributable to STRATTEC SECURITY CORPORATION: | |||||||||||||||
Basic | $ |
1.34 |
|
$ |
0.38 |
|
$ |
2.59 |
|
$ |
1.69 |
|
|||
Diluted | $ |
1.32 |
|
$ |
0.37 |
|
$ |
2.56 |
|
$ |
1.67 |
|
|||
Weighted Average shares outstanding: | |||||||||||||||
Basic |
|
4,039 |
|
|
3,988 |
|
|
4,026 |
|
|
3,971 |
|
|||
Diluted |
|
4,085 |
|
|
4,017 |
|
|
4,067 |
|
|
3,996 |
|
STRATTEC SECURITY CORPORATION Condensed Balance Sheet (In thousands, except share amounts) (Unaudited) |
|||||||
March 30, 2025 |
June 30, 2024 |
||||||
ASSETS | |||||||
Current Assets: | |||||||
Cash and cash equivalents | $ |
62,106 |
|
$ |
25,410 |
|
|
Receivables, net |
|
109,160 |
|
|
99,297 |
|
|
Inventories: | |||||||
Finished products |
|
14,563 |
|
|
19,833 |
|
|
Work in process |
|
12,228 |
|
|
15,461 |
|
|
Purchased materials |
|
48,800 |
|
|
46,355 |
|
|
Inventories, net |
|
75,591 |
|
|
81,649 |
|
|
Pre-production costs |
|
9,740 |
|
|
22,173 |
|
|
Value-added tax recoverable |
|
22,342 |
|
|
19,684 |
|
|
Other current assets |
|
8,276 |
|
|
5,601 |
|
|
Total current assets |
|
287,215 |
|
|
253,814 |
|
|
Deferred income taxes |
|
17,084 |
|
|
17,593 |
|
|
Other long-term assets |
|
5,277 |
|
|
6,698 |
|
|
Net property, plant and equipment |
|
77,816 |
|
|
86,184 |
|
|
$ |
387,392 |
|
$ |
364,289 |
|
||
LIABILITIES AND SHAREHOLDERS’ EQUITY | |||||||
Current Liabilities: | |||||||
Accounts payable | $ |
72,582 |
|
$ |
54,911 |
|
|
Accrued Liabilities: | |||||||
Payroll and benefits |
|
19,431 |
|
|
28,953 |
|
|
Value-added tax payable |
|
10,844 |
|
|
9,970 |
|
|
Environmental |
|
1,390 |
|
|
1,390 |
|
|
Warranty |
|
10,745 |
|
|
10,695 |
|
|
Other current liabilities |
|
8,312 |
|
|
12,369 |
|
|
Total current liabilities |
|
123,304 |
|
|
118,288 |
|
|
Borrowings under credit facilities |
|
13,000 |
|
|
13,000 |
|
|
Postemployment obligations |
|
12,076 |
|
|
2,429 |
|
|
Other long-term liabilities |
|
4,411 |
|
|
4,957 |
|
|
Shareholders’ Equity: | |||||||
Common stock, authorized 18,000,000 shares, |
|
76 |
|
|
76 |
|
|
Capital in excess of par value |
|
102,888 |
|
|
101,024 |
|
|
Retained earnings |
|
261,030 |
|
|
250,612 |
|
|
Accumulated other comprehensive loss |
|
(17,836 |
) |
|
(15,689 |
) |
|
Less: treasury stock, at cost (3,596,918 shares at March 30, 2025 and 3,598,126 shares at June 30, 2024) |
|
(135,459 |
) |
|
(135,478 |
) |
|
Total STRATTEC SECURITY CORPORATION shareholders’ equity |
|
210,699 |
|
|
200,545 |
|
|
Non-controlling interest |
|
23,902 |
|
|
25,070 |
|
|
Total shareholders’ equity |
|
234,601 |
|
|
225,615 |
|
|
$ |
387,392 |
|
$ |
364,289 |
|
STRATTEC SECURITY CORPORATION Condensed Cash Flow Statement (In Thousands) (Unaudited) |
||||||||||||||||
Three Months Ended | Nine Months Ended | |||||||||||||||
March 30, 2025 |
March 31, 2024 |
March 30, 2025 |
March 31, 2024 |
|||||||||||||
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||||||||||||
Net income | $ |
5,711 |
|
$ |
1,126 |
|
$ |
10,857 |
|
$ |
6,361 |
|
||||
Adjustments to reconcile net income to net cash provided by (used in) operating activities: | ||||||||||||||||
Depreciation |
|
3,746 |
|
|
4,059 |
|
|
10,952 |
|
|
12,774 |
|
||||
Foreign currency transaction loss (gain) |
|
141 |
|
|
475 |
|
|
(1,052 |
) |
|
126 |
|
||||
Unrealized (gain) loss on peso forward contracts |
|
(705 |
) |
|
222 |
|
|
231 |
|
|
(604 |
) |
||||
Stock-based compensation expense |
|
760 |
|
|
240 |
|
|
1,839 |
|
|
1,224 |
|
||||
Loss on settlement of postemployment obligation |
|
— |
|
|
— |
|
|
283 |
|
|
— |
|
||||
Change in operating assets and liabilities: | ||||||||||||||||
Receivables |
|
(17,616 |
) |
|
(26,685 |
) |
|
(10,237 |
) |
|
(7,507 |
) |
||||
Inventories |
|
5,920 |
|
|
10,827 |
|
|
6,058 |
|
|
(1,015 |
) |
||||
Prepaid and other assets |
|
(1,850 |
) |
|
(4,494 |
) |
|
5,994 |
|
|
(16,898 |
) |
||||
Accounts payable |
|
20,720 |
|
|
9,339 |
|
|
16,730 |
|
|
(7,102 |
) |
||||
Accrued liabilities |
|
3,632 |
|
|
4,337 |
|
|
(948 |
) |
|
4,747 |
|
||||
Other, net |
|
261 |
|
|
245 |
|
|
794 |
|
|
671 |
|
||||
Net cash provided by (used in) operating activities |
|
20,720 |
|
|
(309 |
) |
|
41,501 |
|
|
(7,223 |
) |
||||
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||||||||||||
Proceeds from sale of interest in joint ventures |
|
— |
|
|
— |
|
|
— |
|
|
2,000 |
|
||||
Purchase of property, plant and equipment |
|
(1,170 |
) |
|
(1,672 |
) |
|
(4,160 |
) |
|
(6,065 |
) |
||||
Net cash used in investing activities |
|
(1,170 |
) |
|
(1,672 |
) |
|
(4,160 |
) |
|
(4,065 |
) |
||||
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||||||||||||
Borrowings under credit facilities |
|
— |
|
|
— |
|
|
3,000 |
|
|
2,000 |
|
||||
Repayment of borrowings under credit facilities |
|
— |
|
|
— |
|
|
(3,000 |
) |
|
(2,000 |
) |
||||
Employee stock purchases |
|
16 |
|
|
18 |
|
|
44 |
|
|
55 |
|
||||
Net cash provided by financing activities |
|
16 |
|
|
18 |
|
|
44 |
|
|
55 |
|
||||
Foreign currency impact on cash |
|
(85 |
) |
|
(18 |
) |
|
(689 |
) |
|
256 |
|
||||
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS |
|
19,481 |
|
|
(1,981 |
) |
|
36,696 |
|
|
(10,977 |
) |
||||
CASH AND CASH EQUIVALENTS | ||||||||||||||||
Beginning of period |
|
42,625 |
|
|
11,575 |
|
|
25,410 |
|
|
20,571 |
|
||||
End of period | $ |
62,106 |
|
$ |
9,594 |
|
$ |
62,106 |
|
$ |
9,594 |
|
||||
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | ||||||||||||||||
Cash paid during the period for: | ||||||||||||||||
Income taxes | $ |
596 |
|
$ |
1,731 |
|
$ |
9,135 |
|
$ |
3,177 |
|
||||
Interest | $ |
172 |
|
$ |
219 |
|
$ |
731 |
|
$ |
659 |
|
||||
Non-cash investing activities: | ||||||||||||||||
Change in capital expenditures in accounts payable | $ |
1,176 |
|
$ |
(89 |
) |
$ |
726 |
|
$ |
(264 |
) |
STRATTEC SECURITY CORPORATION Reconciliation of GAAP to Non-GAAP Financial Measures (in thousands, except per share amounts) |
|||||||||||||||||||||||||||||||
Fiscal 2024 | Fiscal 2025 | ||||||||||||||||||||||||||||||
Q1 | Q2 | Q3 | Q4 | Total | Q1 | Q2 | Q3 | Q4 | Total | ||||||||||||||||||||||
ADJUSTED NET SALES: | |||||||||||||||||||||||||||||||
Net Sales (GAAP) |
|
135,406 |
|
|
118,532 |
|
|
140,773 |
|
|
143,055 |
|
$ |
537,766 |
|
|
139,052 |
|
|
129,919 |
|
|
144,082 |
|
|
- |
$ |
413,053 |
|
||
Adjustments: |
|
- |
|
||||||||||||||||||||||||||||
Retroactive FY23 one-time pricing recovery |
|
(7,950 |
) |
|
(1,551 |
) |
|
(397 |
) |
|
175 |
|
|
(9,723 |
) |
|
- |
|
|
- |
|
|
- |
|
|
- |
|
- |
|
||
Adjusted Sales (Non-GAAP) |
|
127,456 |
|
|
116,981 |
|
|
140,376 |
|
|
143,230 |
|
|
528,043 |
|
|
139,052 |
|
|
129,919 |
|
|
144,082 |
|
|
- |
|
413,053 |
|
||
ADJUSTED EBITDA: | |||||||||||||||||||||||||||||||
Net income attributable to STRATTEC (GAAP) | $ |
4,165 |
|
$ |
1,022 |
|
$ |
1,506 |
|
$ |
9,620 |
|
$ |
16,313 |
|
$ |
3,703 |
|
$ |
1,319 |
|
$ |
5,396 |
|
$ |
- |
$ |
10,418 |
|
||
Net income (loss) attributable to non-controlling interest |
|
290 |
|
|
(242 |
) |
|
(380 |
) |
|
447 |
|
|
115 |
|
|
45 |
|
|
79 |
|
|
315 |
|
|
- |
|
439 |
|
||
Provision for income tax |
|
1,387 |
|
|
264 |
|
|
546 |
|
|
1,578 |
|
|
3,775 |
|
|
1,498 |
|
|
405 |
|
|
1,644 |
|
|
- |
|
3,547 |
|
||
Other (income) expense, net |
|
131 |
|
|
(1,098 |
) |
|
208 |
|
|
(1,958 |
) |
|
(2,717 |
) |
|
(129 |
) |
|
482 |
|
|
16 |
|
|
- |
|
369 |
|
||
Investment and interest income |
|
(87 |
) |
|
(107 |
) |
|
(143 |
) |
|
(235 |
) |
|
(572 |
) |
|
(349 |
) |
|
(408 |
) |
|
(529 |
) |
|
- |
|
(1,286 |
) |
||
Interest expense |
|
220 |
|
|
219 |
|
|
222 |
|
|
239 |
|
|
900 |
|
|
295 |
|
|
257 |
|
|
243 |
|
|
- |
|
795 |
|
||
Income from operations |
|
6,106 |
|
|
58 |
|
|
1,959 |
|
|
9,691 |
|
|
17,814 |
|
|
5,063 |
|
|
2,134 |
|
|
7,085 |
|
|
- |
|
14,282 |
|
||
Adjustments: | |||||||||||||||||||||||||||||||
Depreciation |
|
4,385 |
|
|
4,330 |
|
|
4,059 |
|
|
3,773 |
|
$ |
16,547 |
|
|
3,662 |
|
|
3,544 |
|
|
3,746 |
|
|
- |
$ |
10,952 |
|
||
Non-cash stock-based compensation |
|
505 |
|
|
479 |
|
|
240 |
|
|
243 |
|
|
1,467 |
|
|
188 |
|
|
891 |
|
|
760 |
|
|
- |
|
1,839 |
|
||
Restructuring and similar charges |
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
265 |
|
|
809 |
|
|
- |
|
1,074 |
|
||
Retroactive FY23 one-time pricing recovery, net |
|
(7,078 |
) |
|
(641 |
) |
|
(298 |
) |
|
24 |
|
|
(7,993 |
) |
|
- |
|
|
- |
|
|
- |
|
|
- |
|
- |
|
||
Executive transition costs |
|
- |
|
|
774 |
|
|
211 |
|
|
73 |
|
|
1,058 |
|
|
941 |
|
|
921 |
|
|
214 |
|
|
- |
|
2,076 |
|
||
Business transformation costs |
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
74 |
|
|
215 |
|
|
259 |
|
|
- |
|
548 |
|
||
|
(2,188 |
) |
|
4,942 |
|
|
4,212 |
|
|
4,113 |
|
|
11,079 |
|
|
4,865 |
|
|
5,836 |
|
|
5,788 |
|
|
- |
|
16,489 |
|
|||
Adjusted EBITDA (Non-GAAP) | $ |
3,918 |
|
$ |
5,000 |
|
$ |
6,171 |
|
$ |
13,804 |
|
$ |
28,893 |
|
$ |
9,928 |
|
$ |
7,970 |
|
$ |
12,873 |
|
$ |
- |
$ |
30,771 |
|
||
Adjusted EBITDA as a % of Adjusted Net Sales |
|
3.1 |
% |
|
4.3 |
% |
|
4.4 |
% |
|
9.6 |
% |
|
5.5 |
% |
|
7.1 |
% |
|
6.1 |
% |
|
8.9 |
% |
|
7.4 |
% |
||||
ADJUSTED NET INCOME AND EARNINGS/(LOSS) PER SHARE: | |||||||||||||||||||||||||||||||
Net income attributable to STRATTEC (GAAP) | $ |
4,165 |
|
$ |
1,022 |
|
$ |
1,506 |
|
$ |
9,620 |
|
$ |
16,313 |
|
$ |
3,703 |
|
$ |
1,319 |
|
$ |
5,396 |
|
$ |
- |
$ |
10,418 |
|
||
Adjustments: | |||||||||||||||||||||||||||||||
Restructuring and similar charges |
|
265 |
|
|
3 |
|
|
- |
|
|
63 |
|
|
331 |
|
|
- |
|
|
265 |
|
|
809 |
|
|
- |
|
1,074 |
|
||
Retroactive FY23 one-time pricing recovery, net |
|
(7,078 |
) |
|
(641 |
) |
|
(298 |
) |
|
24 |
|
|
(7,993 |
) |
|
- |
|
|
- |
|
|
- |
|
|
- |
|
- |
|
||
Executive transition costs |
|
- |
|
|
973 |
|
|
211 |
|
|
73 |
|
|
1,257 |
|
|
1,224 |
|
|
1,225 |
|
|
214 |
|
|
- |
|
2,663 |
|
||
Business transformation costs |
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
- |
|
|
74 |
|
|
215 |
|
|
259 |
|
|
- |
|
548 |
|
||
Non-controlling interest impact on above adjustments |
|
1,014 |
|
|
181 |
|
|
55 |
|
|
22 |
|
|
1,272 |
|
|
- |
|
|
- |
|
|
(160 |
) |
|
- |
|
(160 |
) |
||
Tax effect on above adjustments |
|
1,305 |
|
|
(116 |
) |
|
7 |
|
|
(41 |
) |
|
1,155 |
|
|
(292 |
) |
|
(384 |
) |
|
(376 |
) |
|
- |
|
(1,052 |
) |
||
|
(4,494 |
) |
|
400 |
|
|
(25 |
) |
|
141 |
|
|
(3,978 |
) |
|
1,006 |
|
|
1,321 |
|
|
746 |
|
|
- |
|
3,073 |
|
|||
Adjusted Net Income/(Loss) attributable to STRATTEC (Non-GAAP) | $ |
(329 |
) |
$ |
1,422 |
|
$ |
1,481 |
|
$ |
9,761 |
|
$ |
12,335 |
|
$ |
4,709 |
|
$ |
2,640 |
|
$ |
6,142 |
|
$ |
- |
$ |
13,491 |
|
||
Weighted Average Basic Shares Outstanding |
|
3,948 |
|
|
3,976 |
|
|
3,988 |
|
|
3,988 |
|
|
3,975 |
|
|
4,005 |
|
|
4,035 |
|
|
4,039 |
|
|
- |
|
4,026 |
|
||
Weighted Average Diluted Shares Outstanding |
|
3,974 |
|
|
3,998 |
|
|
4,017 |
|
|
4,027 |
|
|
4,004 |
|
|
4,046 |
|
|
4,070 |
|
|
4,085 |
|
|
- |
|
4,067 |
|
||
Diluted earnings per share (GAAP) | $ |
1.05 |
|
$ |
0.26 |
|
$ |
0.37 |
|
$ |
2.39 |
|
$ |
4.07 |
|
$ |
0.92 |
|
$ |
0.32 |
|
$ |
1.32 |
|
$ |
- |
$ |
2.56 |
|
||
Adjusted dilutive earnings/(loss) per share (Non-GAAP) | $ |
(0.08 |
) |
$ |
0.36 |
|
$ |
0.37 |
|
$ |
2.42 |
|
$ |
3.08 |
|
$ |
1.16 |
|
$ |
0.65 |
|
$ |
1.50 |
|
$ |
- |
$ |
3.32 |
|
View source version on businesswire.com: https://www.businesswire.com/news/home/20250508729800/en/
Deborah K. Pawlowski
Alliance Advisors IR
Phone: 716-843-3908
Email: dpawlowski@allianceadvisors.com
Source: STRATTEC SECURITY CORPORATION