Strattec Security Corporation has reported its financial results for fiscal 2025, showcasing a marked improvement over the previous year. The company's net sales increased to $565.1 million, up by $27.3 million or 5% from fiscal 2024's $537.8 million. This growth was driven by $15.9 million from new program launches and favorable sales mix, alongside a $13.9 million boost from higher production volumes and customer inventory builds. Net income attributable to Strattec rose to $18.7 million, a $2.4 million increase or 15% higher than the previous fiscal year. Earnings per share $(EPS)$ for the year were reported at $4.58, compared to $4.07 in fiscal 2024. The company experienced a significant increase in cash flow from operations, rising from $12.2 million in fiscal 2024 to $71.7 million in fiscal 2025. Strattec attributes its improved financial performance to a combination of net sales growth and gross margin enhancement, despite facing higher selling, administrative, and engineering expenses due to business investments and incentive compensation costs. Looking forward, Strattec remains focused on navigating macroeconomic challenges and fluctuating OEM production volumes through operational discipline, product portfolio refinement, and cost control measures to continue driving long-term shareholder value.
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