Strattec Q1 FY27 net income falls 43% year over year to $4.83 million
Bitget2026/10/29 21:17- 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: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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