Strattec Security Corporation reported total trailing twelve months revenue of $578.4 million as of Q1 FY2026, reflecting steady growth over the past three fiscal years. The company highlighted ongoing efforts to modernize operations, including restructuring in Mexico for additional cost savings, enhancing IT systems, and increasing automation. Recent actions have resulted in $8 million in annualized pricing improvements in FY2025. Strattec is also expanding its customer base with a focus on North America and engaging in new business opportunities for future vehicle model years. The company noted near-term supply chain challenges due to aluminum supply disruptions, semiconductor shortages, and issues at the Mexico border, which are expected to impact production in upcoming quarters. Strattec continues to innovate in digital key and security solutions, emphasizing advanced electronic engineering and software integration for vehicle access systems. You can access the full presentation through the link below.
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 December 11, 2025, and is solely responsible for the information contained therein.
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