STRATTEC SECURITY CORP
For the period ended Sep 28, 2025. Filed Oct 31, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 28, 2025 · Filed Oct 31, 2025
STRT$61.02-0.9%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statement of Income (Unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
(in thousands, except per share amounts)
| Three Months Ended | ||
|---|---|---|
| September 28,2025 | September 29,2024 | |
| Net sales | $152,399 | $139,052 |
| Cost of goods sold | 126,064 | 120,131 |
| Gross profit | 26,335 | 18,921 |
| Selling, administrative and engineering expenses | 15,888 | 13,858 |
| Income from operations | 10,447 | 5,063 |
| Interest income | 877 | 349 |
| Interest expense | (156) | (295) |
| Other (expense) income, net | (275) | 129 |
| Income before income taxes and non-controlling interest | 10,893 | 5,246 |
| Income tax expense | 2,356 | 1,498 |
| Net income | 8,537 | 3,748 |
| Net income attributable to non-controlling interest | 8 | 45 |
| Net income attributable to Strattec | $8,529 | $3,703 |
| Earnings per share attributable to Strattec | ||
| Basic | $2.10 | $0.92 |
| Diluted | $2.07 | $0.92 |
| Weighted average shares outstanding: | ||
| Basic | 4,054 | 4,005 |
| Diluted | 4,127 | 4,046 |
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