Strattec FY26 Q4 net income drops 53.08% to $3.9 million; net sales edge down 0.12% to $151.8 million - STRT News | RalliesStrattec FY26 Q4 net income drops 53.08% to $3.9 million; net sales edge down 0.12% to $151.8 million
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STRT• Quarterly results
- Strattec posted Q4 net income attributable to shareholders of $3.9 million, or $0.95 per diluted share, down from year-ago profit.
- Net sales were $151.8 million, roughly flat year over year, helped by pricing actions despite weaker volumes.
Margin and EBITDA trends
- Gross margin narrowed 1.1 percentage points to 15.6% on FX pressure and lower tooling gains, partly offset by lower tariff charges.
- Adjusted EBITDA (non-GAAP) eased to $12.5 million, or 8.3% of net sales, versus 8.5% a year earlier.
Balance sheet and capital returns
- Strattec ended the quarter with $108.2 million cash and no debt.
- The company repurchased $7.4 million of shares and authorized a new $40 million buyback.
