STRATTEC(STRT) - 2025 Q1 - Quarterly Results

News Release Three Months Ended Change 3333 West Good Hope Rd. • Milwaukee, Wisconsin 53209 IMMEDIATE RELEASE STRATTEC SECURITY CORPORATION Reports Fiscal 2025 First Quarter Financial Results • Generated cash from operations of $11.3 million • Reduced pre-production costs, primarily customer tooling, by$6.9 million • Grew revenue 2.7% year-over-year, reflecting ongoing pricing benefit and higher overall sales • Achieved gross margin of 13.6% versus 13.8% in prior-year period (which included a 470 bps net b ...