Strattec targets 18% to 20% gross margin over next few years as it expects $12M FY2027 capex (NASDAQ:STRT)

Strattec targets 18% to 20% gross margin over next few years as it expects $12M FY2027 capex (NASDAQ:STRT)

Strattec (STRT) Q4 FY2026 earnings call recap: record revenue, margin gains, buybacks, and FY2027 outlook on FX/production risks.

Strattec grows sales and profits in fiscal 2026

Despite flat sales and dip in profit during the fourth quarter, Glendale-based automotive locks and keys manufacturer Strattec Security Corp. reported higher sales and net income for its 2026 fiscal year, which ended on June 28. The company reported fiscal year sales of $579.4 million, up 2.5% from the previous fiscal year. Its fourth quarter […]