Strattec Q1 FY27 net income falls 43% year over year to $4.83 million

• Strattec Security’s Q1 FY27 diluted earnings per share fell 43% year over year to $1.19.
• Net sales declined year over year to $147.2 million, with lower volume partly offset by pricing benefits.
• Cash and cash equivalents reached $111.8 million at September 27, 2026, with no debt.
• For FY27, management expects approximately $40 million in cash from operations and a gross margin of 15% to 16%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Strattec Security Corporation published the original content used to generate this news brief on October 29, 2026, and is solely responsible for the information contained therein.