Strattec Security Corporation Delivers Strong Q2 Results with 6% Sales Growth and $3.4M Annualized Savings from Restructuring

Strattec Security Corporation (STRT) has reported a 6% sales growth in Q2 2026, driven by pricing, favorable sales mix, and higher content value. Despite supply chain challenges, moderating automotive production, and foreign exchange pressures, the company has achieved $3.4M annualized savings from restructuring and is advancing its gross margin goals. CEO Jennifer Slater attributed the strong performance to new program launches and favorable sales mix.