Key Takeaways Strattec saw gross margin rise 560 bps to nearly 16% on pricing moves and favorable currency shifts. Adjusted EBITDA margin nearly doubled to 9% as STRT improved profitability while investing in operations. Restructuring in Mexico and Milwaukee is expected to show full benefits in Q1 of fiscal 2026.Strattec Security Corporation (STRT) , a leading global company that manufactures high-tech locking and access systems for cars, is retaining a larger share of the revenue it generates from each s ...