Strattec FY26 Q4 net income drops 53.08% to $3.9 million; net sales edge down 0.12% to $151.8 million

• Strattec posted Q4 net income attributable to shareholders of USD 3.9 million, or USD 0.95 per diluted share, down from year-ago profit.
• Net sales were USD 151.8 million, roughly flat year over year, helped by pricing actions despite weaker volumes.
• 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 USD 12.5 million, or 8.3% of net sales, versus 8.5% a year earlier.
• Ended the quarter with USD 108.2 million cash and no debt, repurchased USD 7.4 million shares, authorized a new USD 40 million buyback.

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