Strattec Expects FY2027 Gross Margin of 15%-16%

Bitget2026/11/03 23:35

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Strattec expects fiscal 2027 gross margin of 15%-16%, pressured by lower volume and material cost inflation.
Foreign-exchange improvement should offset material cost pressures; longer-term gross margin targets remain 18%-20%.
The revenue forecast assumes North American auto production declines 2%, including a nearly 6% drop at Detroit Three automakers.
Quarterly selling, administrative and engineering expenses are expected at $16.5 million-$17 million, excluding unusual items.
Cash generation is expected at about $10 million per quarter; the effective tax rate is forecast at 23%-25%.

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 October 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Strattec Expects FY2027 Gross Margin of 15%-16%

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