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Strattec Security Corp. (STRT)
NASDAQ:STRT
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
0.91Last Year’s EPS
2.39Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: 0.00%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong financial performance with significant cash generation, margin expansion, and strategic execution. Despite increased tariff costs and operational expenses, the company effectively mitigated risks and continued to focus on operational improvements and cost management.Company Guidance
During the STRATTEC third quarter fiscal year 2025 conference call, the company reported generating nearly $21 million in cash from operations in the quarter, contributing to a year-to-date total of $41.5 million. The company achieved a notable gross margin expansion of 560 basis points year-over-year, and a sequential margin increase of 280 basis points, driven by strategic pricing actions and operational improvements. Net income per diluted share rose over three-fold from the previous year to $1.32, with adjusted EBITDA reaching $12.9 million, representing 9% of sales, up from 4.4% in the prior-year period. The restructuring of operations in Mexico and Milwaukee is expected to yield annualized savings of approximately $5 million. STRATTEC is actively mitigating the potential $9 million to $12 million cost impact from new U.S. tariffs, having already offset 30% and pursuing further commercial recoveries. The company’s cash position stands robust at $62.1 million, with significant liquidity available under its revolving credit facilities. STRATTEC continues to focus on operational efficiencies and organic growth, while exercising caution in capital allocation amidst market uncertainties.Strong Cash Generation and Financial Position
Generated nearly $21 million in cash from operations in the third quarter, bringing the year-to-date total to $41.5 million. Maintained over $60 million in cash with limited borrowings, offering financial flexibility.
Significant Margin Expansion
Year-over-year gross margin expanded by 560 basis points, and sequentially by 280 basis points, reflecting improved earnings and cost management.
Substantial Increase in Net Income
Net income of $1.32 per diluted share, a more than three-fold increase from the previous year's third quarter.
Successful Strategic Pricing and Operational Improvements
Adjusted EBITDA increased to $12.9 million, representing 9% of sales, up from 4.4% in the prior year.
Proactive Tariff Mitigation Efforts
Mitigated about 30% of the $9-12 million tariff impact and engaged in pricing discussions and logistical adjustments to offset costs.
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STRT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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STRT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| May 08, 2025 | $36.60 | ― | ― |
| Feb 06, 2025 | $38.25 | $36.85 | -3.66% |
| Nov 04, 2024 | $37.03 | $37.01 | -0.05% |
| Aug 08, 2024 | $23.80 | $30.00 | +26.05% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Strattec Security Corp. (STRT) report earnings?
Strattec Security Corp. (STRT) is schdueled to report earning on Aug 07, 2025, TBA Not Confirmed.
What is Strattec Security Corp. (STRT) earnings time?
Strattec Security Corp. (STRT) earnings time is at Aug 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is STRT EPS forecast?
STRT EPS forecast for the fiscal quarter 2025 (Q4) is 0.91.
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