Strattec Security Corporation (NASDAQ:STRT ) Q2 2025 Earnings Conference Call February 7, 2025 9:00 AM ET Company Participants Deborah Pawlowski - Investor Relations Jennifer Slater - President and Chief Executive Officer Matthew Pauli - Senior Vice President, Chief Financial Officer Conference Call Participants John Franzreb - Sidoti & Company Guy Baron - Springview Capital Management Brian Sp...
Strattec Security Corporation reported strong Q2 2025 earnings with 11% revenue growth and improved gross margins, but cyclical factors may impact long-term performance. The company's $19.6 million NOPAT compares favorably with its $122 million EV, yet cyclical tailwinds raise concerns about sustainability. Revenue growth was driven by $6 million in new product launches and $7.3 million from OE...
MILWAUKEE--(BUSINESS WIRE)--STRATTEC SECURITY CORPORATION (Nasdaq: STRT) (“Company”), a leading provider of smart vehicle access, security and authorization solutions for the global automotive industry, reported financial results for its second quarter of fiscal year 2025, which ended December 29, 2024. STRATTEC President and CEO Jennifer Slater said, “Our solid financial results reflect the fo...
MILWAUKEE--(BUSINESS WIRE)--STRATTEC SECURITY CORPORATION (Nasdaq: STRT) (“STRATTEC” or “Company”), a leading provider of smart vehicle power access, security & authorization solutions for the global automotive industry, today announced that it will release its second quarter fiscal year 2025 results after the close of financial markets on Thursday, February 6, 2025. The Company will host a con...
MILWAUKEE--(BUSINESS WIRE)--STRATTEC SECURITY CORPORATION (Nasdaq: STRT) (“STRATTEC” or “Company”), a leading provider of smart vehicle power access, security & authorization solutions for the global automotive industry, today announced that it will be listing its Milwaukee facility on the market for sale to inform its evaluation of opportunities for upgraded and modernized operations. The eval...
MILWAUKEE--(BUSINESS WIRE)--STRATTEC SECURITY CORPORATION (Nasdaq: STRT) Appoints Matthew Pauli as Chief Financial Officer Effective November 13, 2024.
Strattec Security Corporation reported strong Q1 2025 results with notable YoY revenue growth, gross margin expansion, and operating leverage, leading to improved adjusted operating income. Despite managerial changes and strategic shifts, the company's profitability remains volatile, and long-term margin trends are downward, justifying a Hold rating. The stock's 9.7% earnings yield is low for i...
STRATTEC Security Corporation (NASDAQ:STRT ) Q1 2025 Earnings Conference Call November 4, 2024 4:45 PM ET Company Participants Deborah Pawlowski - IR Jennifer Slater - President and CEO Dennis Bowe - VP and CFO Conference Call Participants John Franzreb - Sidoti & Co. Operator Greetings and welcome to the STRATTEC Security Corporation First Quarter Fiscal Year 2025 Financial Results. At this ti...
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