Strattec (STRT) Q3 2026 Earnings Report Shows Revenue Decline and Restructuring Savings
In its third-quarter earnings report for fiscal year 2026, Strattec Security Corporation reported a revenue decline of 4.5% due to lower volumes and EV program cancellations. The company achieved $1.9 million in restructuring savings and improved gross margin by 50 basis points to 16.5%. Operating cash flow reached $11.4 million with an ending cash position of $107 million.
Topics: cash flow customer impact gross margin revenue