STRT

Strattec Security Corp. experienced a 91.16% stock price increase between March 31, 2025, and March 30, 2026. The company reported fiscal second quarter 2026 revenue of $137.5 million, basic EPS of $1.21, and net income of $4.9 million, with improved gross margin. For the fiscal third quarter of 2026, sales decreased 4.5% year-over-year to $137.6 million due to lower volume and EV program cancellations, but gross margin improved. Net income was $3.2 million, or $0.78 per diluted share. The company expects fourth-quarter revenue to decline 3% to 4% year-over-year. In March 2026, Strattec announced it was accelerating its strategic transformation with a new brand identity.