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$STRT – STRATTEC Security Q1 Net Sales Drop 3%, Diluted EPS Plunges to $1.19

STRATTEC SECURITY CORP
· SEC_8K · All $STRT
?? Negative AI Sentiment (-4.5 / 10)
  • Net sales fell 3% year-over-year to $147.2 million from $152.4 million.
  • Diluted EPS declined 42.5% to $1.19 compared to $2.07 in the prior-year quarter; operating margin fell to 4.4% from 6.9%.
  • Operating cash flow generated $10.8 million, with cash at $111.8 million and zero debt.