Strattec Security Corp News Today

Company Sees Net Income Improvement and Gross Margin Expansion Amidst Pricing and Efficiency Gains

MILWAUKEE (AP) — MILWAUKEE (AP) — Strattec Security Corp. (STRT) on Thursday reported profit of $1 million in its fiscal second quarter.

MILWAUKEE (AP) — MILWAUKEE (AP) — Strattec Security Corp. (STRT) on Thursday reported profit of $1 million in its fiscal second quarter.

F. Jack Liebau Jr. has been named chairman of Glendale-based Strattec Security Corp., replacing longtime chair Harold M. Stratton II, who will serve as vice chairman of the company’s board moving forward.

Frank Krejci plans to retire as chief executive officer and resign from the board of Glendale-based Strattec Security Corp. at the end of the year, the company announced Monday.

Glendale-based automotive supplier Strattec Security Corp. saw a modest impact from the ongoing United Autoworkers Strike during its first fiscal quarter, but is expecting continued negative impact in the current quarter.

MILWAUKEE (AP) — MILWAUKEE (AP) — Strattec Security Corp. (STRT) on Thursday reported a loss of $2.7 million in its fiscal fourth quarter.

MILWAUKEE (AP) — MILWAUKEE (AP) — Strattec Security Corp. (STRT) on Thursday reported a loss of $2.7 million in its fiscal fourth quarter.

Strattec Security Corp. has sold the ownership of its Vehicle Access Systems Technologies LLC joint venture to Witte Automotive as of June 30.

MILWAUKEE (AP) — MILWAUKEE (AP) — Strattec Security Corp. (STRT) on Thursday reported a loss of $2.3 million in its fiscal third quarter.