UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________ FORM 10-Q ____________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED APRIL 2, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE PERIOD FROM TO . Commission File Number 0-11559 _______________________ ...

Key Tronic Corporation (NASDAQ:KTCC) Q3 2022 Earnings Conference Call May 5, 2022 5:00 PM ET Company Participants Brett Larsen – Chief Financial Officer Craig Gates – President & Chief Executive Officer Conference Call Participants Bill Dezellem – Tieton Capital Sheldon Grodsky – Grodsky & Associates George Melas – MKH Management Bill Dezellem – Tieton Capital Operator Good day and welcome to the Q3 Fiscal 2022 Key Tronic Corporation Conference Call. Today's conference is being recorded. At this time, I'd l ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________ FORM 10-Q ____________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JANUARY 1, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE PERIOD FROM TO . Commission File Number 0-11559 _____________________ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________ FORM 10-Q ____________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED OCTOBER 2, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE PERIOD FROM TO . Commission File Number 0-11559 _____________________ ...

Key Tronic Corporation (NASDAQ:KTCC) Q1 2022 Earnings Conference Call November 2, 2021 5:00 PM ET Company Participants Brett Larsen - Chief Financial Officer Craig Gates - President & Chief Executive Officer Conference Call Participants Bill Dezellem - Tieton Capital Sheldon Grodsky - Grodsky Associates George Melas - MKH Management Operator Good day and welcome to the Key Tronic Corporation First Quarter Fiscal 2022 Conference Call. Today's conference is being recorded. At this time, I would like to turn t ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________ FORM 10-K ____________________________________________________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED JULY 3, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE PERIOD FROM TO Commission File Number 0-11559 __________________________________ ...

Financial Data and Key Metrics Changes - For Q4 FY2021, the company reported revenue of approximately $132.6 million, up 14% from $116 million in the same period of FY2020 [4] - Total revenue for FY2021 was $518.7 million, the highest annual revenue in the company's history, up 15% from $449.5 million in FY2020 [4] - Net income for Q4 FY2021 was $200,000 or approximately $0.02 per share, compared to $1.5 million or $0.14 per share in Q4 FY2020 [5] - For FY2021, net income was $4.3 million or $0.39 per share, compared to $4.8 million or $0.44 per share in FY2020 [10] - Gross margin improved to 8.1% and operating margin to 1.8% for FY2021, up from 7.8% and 1.5% respectively in FY2020 [9] Business Line Data and Key Metrics Changes - The company faced significant revenue constraints due to worldwide supply chain issues, impacting both new and existing customer demand [5] - Operating income for FY2021 was $9.5 million, a 40% increase from the prior year [10] - The company incurred additional costs due to supply chain issues, including factory downtime and overtime expenses [6] Market Data and Key Metrics Changes - Trade receivables decreased by $2.6 million from the prior quarter, with days sales outstanding (DSOs) increasing to about 76 days [12] - The company maintained total working capital of $172 million and a current ratio of 2.4:1 [13] Company Strategy and Development Direction - The company plans to increase its credit facility to $120 million to enhance liquidity and manage potential risks [13] - Capital expenditures for FY2021 were about $10.6 million, with plans to invest in production equipment and efficiency improvements [14] - The company is focusing on winning new EMS programs and expanding its business, particularly in North America, due to increasing demand and supply chain challenges [21][23] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about future growth despite ongoing supply chain disruptions and the COVID-19 crisis [17] - The company expects to report revenue of approximately $125 million to $135 million for Q1 FY2022, with significant uncertainty surrounding these estimates [15] - Management noted that demand remains strong, with potential revenue exceeding $160 million if all parts were available [55] Other Important Information - The company is cooperating with the SEC regarding an internal investigation, which has resulted in additional expenses [9] - The internal investigation cost the company in excess of $1.5 million for the year [65] Q&A Session Summary Question: Can you discuss the new program won in Q3 that led to adding square footage in Juarez? - The program involves moving business from China and is based on customer response time [34][35] Question: What is the revenue potential of the new program? - The Q3 program is expected to generate between $20 million and $50 million annually, while Q4 wins are between $5 million and $15 million [38] Question: What caused the change in revenue guidance for Q4? - The change was primarily due to component availability and new program ramps [42] Question: Is there a demand issue? - The company is experiencing the highest demand in its history, with no demand issues reported [54] Question: How much did the internal investigation cost? - The cost exceeded $1.5 million for the year [65] Question: How much of the $700 million demand was related to COVID products? - It is estimated that the demand would drop to around $600 million without COVID-related products [75] Question: What is the expected gross margin target? - The long-term goal is to achieve a gross margin above 9% [90]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________ FORM 10-Q ____________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED DECEMBER 26, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE PERIOD FROM TO . Commission File Number 0-11559 ___________________ ...

Key Tronic Corporation (NASDAQ:KTCC) Q2 2021 Earnings Conference Call January 26, 2021 5:00 PM ET Company Participants Brett Larsen - Chief Financial Officer Craig Gates - President & Chief Executive Officer Conference Call Participants Bill Dezellem - Tieton Capital George Melas - MKH Management Scott Bundy - Moors & Cabot Operator Good day and welcome to the Q2 Fiscal Year 2021 Key Tronic Corporation Conference Call. Today's conference is being recorded. At this time, IÂ'd like to turn the conference over ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________ FORM 10-Q ____________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 26, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE PERIOD FROM TO . Commission File Number 0-11559 __________________ ...