STRATTEC SECURITY CORP
For the period ended Mar 29, 2026. Filed May 8, 2026.
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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.
Mar 29, 2026 · Filed May 8, 2026
STRT$61.02-0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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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 | Nine Months Ended | |||
|---|---|---|---|---|
| March 29,2026 | March 30,2025 | March 29,2026 | March 30,2025 | |
| Net sales | $137,632 | $144,082 | $427,565 | $413,053 |
| Cost of goods sold | 114,971 | 120,977 | 355,848 | 353,876 |
| Gross profit | 22,661 | 23,105 | 71,717 | 59,177 |
| Selling, administrative and engineering expenses | 17,615 | 16,020 | 51,362 | 44,895 |
| Income from operations | 5,046 | 7,085 | 20,355 | 14,282 |
| Interest income | 879 | 529 | 2,641 | 1,286 |
| Interest expense | (70) | (243) | (322) | (795) |
| Other income (expense), net | (748) | (16) | 668 | (369) |
| Income before income taxes and non-controlling interest | 5,107 | 7,355 | 23,342 | 14,404 |
| Income tax expense | 1,282 | 1,644 | 5,337 | 3,547 |
| Net income | 3,825 | 5,711 | 18,005 | 10,857 |
| Net income attributable to non-controlling interest | 585 | 315 | 1,289 | 439 |
| Net income attributable to Strattec | $3,240 | $5,396 | $16,716 | $10,418 |
| Earnings per share attributable to Strattec | ||||
| Basic | $0.79 | $1.34 | $4.10 | $2.59 |
| Diluted | $0.78 | $1.32 | $4.04 | $2.56 |
| Weighted average shares outstanding: | ||||
| Basic | 4,085 | 4,039 | 4,073 | 4,026 |
| Diluted | 4,141 | 4,085 | 4,133 | 4,067 |
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