FY 2026 Earnings

EX-99.1 2 strt-ex99_1.htm EX-99.1 EX-99.1 NEWS RELEASE FOR IMMEDIATE RELEASE Strattec Transformation Delivers Margin Improvement and Strong Cash Generation in Fiscal 2026 • Fourth quarter fiscal 2026 sales of $151.8 million was better than expected and relatively unchanged from prior year; achieved sales of $579.4 million for fiscal year 2026 • Reported fourth quarter gross margin of 15.6%; full year gross margin expanded to 16.5%, up from 15.0% in fiscal 2025 • Generated fourth quarter net income attributable to Strattec of $3.9 million, or $0.95 per diluted share; adjusted diluted earnings per share were $2.06, unchanged from the prior-year period • Fourth quarter Adjusted EBITDA was $12.5 million, or 8.3% of net sales, compared with $13.0 million, or 8.5% of sales in the prior-year period; fiscal 2026 Adjusted EBITDA 1 was $50.5 million, a 15.3% increase over the prior year • $108.2 m...