Market Newsdesk

CBRE Global Real Estate Income Fund (NYSE: IGR) Announces Approval of 1-for-3 Reverse Stock Split and Adjustment to Monthly Distribution

PHILADELPHIA–(BUSINESS WIRE)–
CBRE Global Real Estate Income Fund (NYSE: IGR) (the “Fund”) announced today that its Board of Trustees approved a 1-for-3 reverse stock split of its common shares.

The Board of Trustees and CBRE Investment Management Listed Real Assets LLC, the Fund’s Investment Adviser, believe that increasing the Fund’s market price per share through the reverse stock split may broaden the range of potential investors, thereby potentially improving the Fund’s liquidity and reducing transaction costs associated with buying and selling shares in the secondary market.

As a result of the reverse stock split, every three shares of the Fund’s outstanding common shares will be converted into one common share. Neither the total value of shareholders’ investments in the Fund nor the total value of the Fund’s portfolio holdings will be affected due to the reverse stock split. After the reverse stock split, shareholders’ accounts will have proportionally fewer common shares but with a proportionally higher share price and a proportionally higher net asset value per share. Also, each shareholder will hold the same percentage of the Fund’s outstanding common shares as was held immediately prior to the reverse stock split, subject to adjustments for fractional shares resulting from the reverse stock split (discussed below).

In connection with the reverse stock split, the Fund’s stable monthly distribution will be adjusted from $0.06 per share to $0.18 per share, beginning with the first distribution to be declared following the effective date of the reverse stock split. This adjustment to the Fund’s monthly distribution will result in no change in monthly cash flow to shareholders as a result of the reverse stock split.

The Fund anticipates completing this reverse stock split prior to the open of trading on the New York Stock Exchange (the “NYSE”) on or about September 8, 2026. The Fund’s common shares will continue trading on the NYSE under its existing ticker symbol (NYSE: IGR) but will be assigned the new CUSIP number below after the split becomes effective.

Ticker	Fund Name	Old CUSIP	New CUSIP
IGR	CBRE Global Real Estate Income Fund	12504G100	12504G878

No fractional shares will be issued as a result of the reverse stock split. Fractional shares that may result from the reverse stock split will be aggregated and sold on the NYSE by the Fund’s transfer agent and the proceeds will be distributed pro rata among shareholders who would otherwise have received fractional shares in the reverse stock split. The pro rata cash payment received by shareholders will be net of any customary fees and expenses in proportion to their allocable share of the total proceeds of the sales. Shareholders will be receiving additional information regarding the reverse stock split from Computershare Trust Company, N.A., the Fund’s transfer agent.

Important Information

Closed-end funds are traded on the secondary market through one of the stock exchanges. A fund’s investment return and principal value will fluctuate so that an investor’s shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund’s portfolio. There is no assurance that a fund will achieve its investment objective. Past performance does not guarantee future results.

The value at which a closed-end fund stock trades on a stock exchange is a function of external market factors that are not under the control of the Fund’s Board or Investment Adviser. Closed-end fund shares may therefore trade at a premium or a discount to net asset value at any given time. Shareholders should be aware that a fund trading at a premium to net asset value may not be sustainable, and a fund’s discount to net asset value can widen as well as narrow. Shareholders of a fund trading at a premium who participate in that fund’s dividend reinvestment plan should note the reinvestment of distributions may occur at a premium to net asset value.

About CBRE Investment Management

CBRE Investment Management is a leading global real assets investment management firm with $154.8 billion in assets under management* as of June 30, 2026 operating in 20 countries around the world. Through its investor-operator culture, the firm seeks to deliver sustainable investment solutions across real assets categories, geographies, risk profiles and execution formats so that its clients, people, and communities thrive. CBRE Investment Management Listed Real Assets LLC is a separately registered investment adviser within CBRE Investment Management that specializes in the management of global listed real assets solutions.

CBRE Investment Management is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services. The company has more than 155,000 employees serving clients in more than 100 countries. CBRE Investment Management harnesses CBRE’s data and market insights, investment sourcing and other resources for the benefit of its clients. For more information, please visit www.cbreim.com.

*Assets under management (“AUM”) refers to the fair market value of real assets-related investments with respect to which CBRE Investment Management provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real assets-related loans. This AUM is intended principally to reflect the extent of CBRE Investment Management’s presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers and from its calculation of regulatory assets under management for purposes of certain regulatory filings.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260825300024/en/

Analyst and Press Inquiries:

David Leggette

+1 610 995 7349

[email protected]


Investor Relations:

+1 888 711 4272

www.cbreim.com/igr

KEYWORDS: Pennsylvania United States North America

INDUSTRY KEYWORDS: Asset Management Professional Services Finance

MEDIA:

Posted on August 25, 2026 4:36 pm

Par Pacific Announces Agreement to Sell Laramie Energy Assets

HOUSTON, Aug. 25, 2026 (GLOBE NEWSWIRE) — Par Pacific Holdings, Inc. (NYSE and NYSE Texas: PARR) (“Par Pacific” or the “Company”) announced today that Laramie Energy, LLC (“Laramie Energy” or the “Seller”), in which the Company owns a 46% non-controlling ownership interest, entered into a definitive agreement with a third-party purchaser (the “Purchaser”) to sell substantially all of its oil and gas assets to the Purchaser (the “Transaction”) for $485 million in cash (of which $60 million is payable on the fifth anniversary of the closing date), subject to working capital and other customary closing date adjustments. The Seller is also eligible to receive potential price-contingent earn-out payments from the Purchaser of up to an additional $65 million in the aggregate following the first through fifth anniversaries of the closing date.

In connection with the closing of the Transaction, net of Seller debt repayment and closing adjustments and fees, the Company (a) expects to receive approximately $146 million of the Transaction consideration (of which approximately $27.5 million is payable on the fifth anniversary of the closing date) and is eligible to receive up to approximately $30 million of the earn-out payments, and (b) will exit its investment in Laramie Energy.

The Transaction is expected to close by the end of 2026, subject to regulatory approvals and the satisfaction of customary closing conditions.

About Par Pacific

Par Pacific Holdings, Inc. (NYSE and NYSE Texas: PARR), headquartered in Houston, Texas, is a growing energy company providing both renewable and conventional fuels to the western United States. Par Pacific owns and operates 219,000 bpd of combined refining capacity across four locations in Hawaii, the Pacific Northwest and the Rockies, and an extensive energy infrastructure network, including 13 million barrels of storage, and marine, rail, rack, and pipeline assets. In addition, Par Pacific operates the Hele retail brand in Hawaii and the “nomnom” convenience store chain in the Pacific Northwest. More information is available at www.parpacific.com.

Forward-Looking Statements

This news release includes certain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to qualify for the “safe harbor” from liability established by the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements include, without limitation, statements about the expected timing of the closing of the Transaction and other aspects of the Transaction. Forward-looking statements are subject to certain risks, trends and uncertainties, such as the risks and uncertainties detailed in the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other documents that the Company files with the Securities and Exchange Commission. The Company cannot provide assurances that the assumptions upon which these forward-looking statements are based will prove to have been correct. Should any of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expressed or implied in any forward-looking statements, and investors are cautioned not to place undue reliance on these forward-looking statements, which are current only as of the date of this news release. Except as required by applicable law, the Company does not intend to update or revise any forward-looking statements made herein or any other forward-looking statements as a result of new information, future events or otherwise.

Investor Contact:

Ashimi Patel Vitter
VP, Investor Relations & Sustainability
(832) 916-3355
[email protected]  

Posted on August 25, 2026 4:33 pm

Information on the total number of voting rights and shares

REGULATED INFORMATION

Information on the total number of voting rights and shares

Mont-Saint-Guibert
(Belgium),
August 25, 2026
, 10:30 pm CET / 4:30 pm ET – In accordance with article 15 of the Law of 2 May 2007 on the disclosure of large shareholdings, Nyxoah SA (Euronext Brussels and Nasdaq: NYXH) publishes the below information following the issuance of 1,767,402 new shares on August 20, 2026 in connection with the contribution in kind of a receivable held by the holder of the convertible bonds issued by the Company on December 18, 2025. For more information on this transaction, please refer to the special report of the board of directors dated August 19, 2026¹.

• Share capital: EUR 7,092,826.33
• Total number of securities carrying voting rights: 101,840,217 (all ordinary shares)
• Total number of voting rights (= denominator): 101,840,217 (all relating to ordinary shares)
• Number of rights to subscribe to securities carrying voting rights not yet issued (on July 31, 2026): 3,719,384 (all granted subscription rights; this number excludes 1,036,125 subscription rights that were issued but not yet granted)
• Total number of convertible bonds: 225 convertible bonds with a nominal value of EUR 74,500 per bond
• Total number of voting rights that can be obtained in case of conversion of all 225 convertible bonds at the current conversion price of EUR 1.48 per share: 11,326,013 (this number does not take into account the conversion of interest)
• Total number of voting rights that can be obtained in case of conversion of all 225 convertible bonds at a conversion price of EUR 1.25 (rounded) per share (EUR 1.25 (rounded) being the “Relevant Share Settlement Price” on August 18, 2026, i.e. the most recent “Interest Payment Date”/“Scheduled Amortisation Payment Date” in relation to the convertible bonds issued by the Company on December 18, 2025²): 13,410,000 (this number does not take into account the conversion of interest)

*

* *

Contact:

Nyxoah

John Landry, CFO
[email protected]

---

¹
https://investors.nyxoah.com/sites/default/files/2026-08/Special%20Board%20Report%20%28Contribution%20in%20kind%20-%20Bonds%20-%20AUG%202026%29%20%28ENG%29%20%28final%29.pdf

² For definitions: see Terms and Conditions governing the convertible bonds, attached to the special report of the board of directors dated August 19, 2026 referred to in footnote 1.

Attachment

• 2026 08 25 – Press release – Number of shares (ENG)

Posted on August 25, 2026 4:33 pm

Ultragenyx Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

NOVATO, Calif., Aug. 25, 2026 (GLOBE NEWSWIRE) — Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE), a biopharmaceutical company focused on the development and commercialization of novel therapies for rare and ultra-rare diseases, today reported the grant of 45,984 restricted stock units of the company’s common stock to 23 newly hired non-executive officers of the company. The awards were approved by the compensation committee of the company’s board of directors and granted under the Ultragenyx Employment Inducement Plan, with a grant date of August 16, 2026, as an inducement material to the new employees entering into employment with Ultragenyx in accordance with Nasdaq Listing Rule 5635(c)(4).

The restricted stock units vest over four years, with 25% of the underlying shares vesting on each anniversary of the grant date, subject to the employee being continuously employed by the company as of such vesting dates.

About Ultragenyx Pharmaceutical Inc.

Ultragenyx is a biopharmaceutical company committed to bringing novel products to patients for the treatment of serious rare and ultrarare genetic diseases. The company has built a diverse portfolio of approved therapies and product candidates aimed at addressing diseases with high unmet medical need and clear biology for treatment, for which there are typically no approved therapies treating the underlying disease.

The company is led by a management team experienced in the development and commercialization of rare disease therapeutics. Ultragenyx’s strategy is predicated upon time- and cost-efficient drug development, with the goal of delivering safe and effective therapies to patients with the utmost urgency.

For more information on Ultragenyx, please visit the company’s website at: www.ultragenyx.com.

Contact Ultragenyx
Investors & Media
Joshua Higa
(415) 475-6370

Posted on August 25, 2026 4:33 pm

BJ’s Restaurants, Inc. to Participate at the 19th Annual Barclays Global Consumer Staples Conference

HUNTINGTON BEACH, Calif., Aug. 25, 2026 (GLOBE NEWSWIRE) — BJ’s Restaurants, Inc. (NASDAQ: BJRI) announced today that management will be participating at the 19^th Annual Barclays Global Consumer Staples Conference on Tuesday, September 8, 2026. The Company will participate in a fireside discussion, which will be held at the Intercontinental hotel in Boston, Massachusetts.

A live webcast of the discussion will be available on the “Investors” page of the Company’s website located at https://investors.bjsrestaurants.com. A replay will be archived and available at the same location.

About BJ’s Restaurants, Inc.

Founded in 1978, BJ’s Restaurants, Inc. is a national casual dining brand with deep brewhouse roots delivering premium food and memorable experiences. With more than 200 restaurants across 31 states, BJ’s brings guests together to celebrate life’s everyday moments over chef-crafted food, award-winning house crafted beer and genuine hospitality in a fresh atmosphere. With signature deep-dish pizzas, the often imitated but never replicated world-famous Pizookie® dessert, pours and more, BJ’s offers something for every taste and every occasion. A pioneer in craft brewing, BJ’s is the most decorated restaurant-brewery in the country, earning over 270 medals since 1996, including the 2025 Questex Vibe Vista Award for Best Beer Program and top rankings across multiple categories at the 2026 World Beer Cup and North American Beer Awards. Whether gathering with family for a weeknight dinner, catching the game with friends or raising a glass to life’s biggest milestones, BJ’s is where moments turn into lasting memories. To learn more, visit www.bjsrestaurants.com or follow @bjsrestaurants on Instagram, Facebook and X.

For further information, please contact ICR at (332) 242-4370 or at [email protected].

Posted on August 25, 2026 4:33 pm

Strattec Transformation Delivers Margin Improvement and Strong Cash Generation in Fiscal 2026

Strattec Transformation Delivers Margin Improvement and Strong Cash Generation in Fiscal 2026

• Fourth quarter fiscal 2026 sales of $151.8 million was better than expected and relatively unchanged from prior year; achieved sales of $579.4 million for fiscal year 2026
• Reported fourth quarter gross margin of 15.6%; full year gross margin expanded to 16.5%, up from 15.0% in fiscal 2025
• Generated fourth quarter net income attributable to Strattec of $3.9 million, or $0.95 per diluted share; adjusted diluted earnings per share were $2.06, unchanged from the prior-year period
• Fourth quarter Adjusted EBITDA was $12.5 million, or 8.3% of net sales, compared with $13.0 million, or 8.5% of sales in the prior-year period; fiscal 2026 Adjusted EBITDA¹ was $50.5 million, a 15.3% increase over the prior year
• $108.2 million in cash and no debt; returned $7.4 million to shareholders through share repurchases in the fourth quarter and authorized a new $40 million share buyback program

MILWAUKEE–(BUSINESS WIRE)–Strattec (Nasdaq: STRT), a global provider of highly engineered access solutions for the automotive and mobility industries, today reported financial results for its fourth quarter and fiscal year 2026, which ended June 28, 2026.

Jennifer Slater, President and CEO of Strattec, said, “Fiscal 2026 was a year of progress and discipline as we continued to reshape Strattec into a more resilient, higher-performing business. While our fourth quarter and full-year results were impacted by foreign exchange pressure and the effect of tariffs, we nonetheless delivered year-over-year growth in sales and gross margin expansion through disciplined pricing, cost actions and operational improvements.”

She added, “We recognize that the near-term environment remains uncertain and we have much work to do to secure future OEM vehicle platforms. We are managing costs and capital prudently, while our strong cash position gives us the flexibility to continue investing in our product technologies, production automation and customer relationships. These investments will better position us to benefit when industry conditions improve. The strength of our balance sheet also allows us to consider opportunities that could enhance scale and diversify our customers, products and programs over time.”

________________________

1 Refer to use of “Non-GAAP Financial Metrics and Additional Financial Information” as well as accompanying reconciliations to GAAP

FY 2026 Fourth Quarter Financial Summary

Net sales were $151.8 million, relatively unchanged from $152.0 million in the prior-year period, and reflected better than expected OEM vehicle production volumes relative to industry forecasts. A majority of the volume decline, including $3.2 million related to customer cancelled EV programs, was offset by pricing actions.

Gross profit was $23.6 million, compared with $25.4 million in the prior year while gross margin contracted 110 basis points to 15.6%. Restructuring savings of $0.8 million, a $0.9 million reduction in tariff charges and pricing were more than offset by $1.9 million of higher costs related to unfavorable foreign currency exchange rates and the prior year benefit of $1.3 million of incremental tooling gains.

Selling, administrative and engineering (“SAE”) expenses increased 3%, or $0.6 million, to $17.5 million, or 11.5% of sales, compared with $16.9 million, or 11.1% of sales, in the prior-year period. Higher SAE expenses included $1.4 million in business transformation and executive transition costs. These costs were partially offset by a $0.7 million reduction in engineering and professional fees and $0.2 million of restructuring savings.

Interest income grew $0.1 million on higher cash balances, while interest expenses declined $0.2 million on lower borrowings. Other income increased $1.4 million primarily as a result of changes in foreign currency exchange rates.

Net income attributable to Strattec was $3.9 million, or $0.95 per diluted share, compared with $8.3 million, or $2.01 per diluted share, in the prior-year period. On an adjusted basis, fourth quarter fiscal 2026 net income attributable to Strattec was $8.4 million and adjusted diluted earnings per share1 was $2.06 unchanged from the prior year.

Adjusted EBITDA¹ for the quarter was $12.5 million compared with $13.0 million in the prior-year period. Adjusted EBITDA margin of 8.3%, compared with 8.5% in the fiscal 2025 fourth quarter.

Solid Balance Sheet

Cash from operations in the fourth quarter of fiscal 2026 was $9.7 million, compared with $30.2 million in the prior-year period which benefited from a significant reduction in working capital.

At June 28, 2026, Strattec had $108.2 million in cash and cash equivalents, up from $107.0 million at the end of the third quarter of fiscal 2026 and $84.6 million at the end of the prior fiscal year. During the quarter, the Company paid down the remaining $1.0 million in outstanding borrowings on the JV credit facility. The Company also repurchased 110,269 shares for $7.4 million for an average price of $67.10. There is $40 million remaining under the current share repurchase authorization.

Fourth Quarter and Fiscal Year 2026 Webcast and Conference Call

Strattec will host a conference call and webcast tomorrow, Wednesday, August 26, 2026, at 8:00 am Central Time/9:00 am Eastern Time to review the financial and operating results for the period ended June 28, 2026, and provide an update on its transformation progress. A question-and-answer session will follow.

You can access the call by phoning +1 (201) 689-8470 or find the webcast and accompanying slide presentation at investors.strattec.com.

A telephonic replay will be available from approximately 11:00 am CT on the day of the call through Wednesday, September 9, 2026. To listen to the archived call, dial +1 (412) 317-6671 and enter replay PIN 13761060. The webcast replay will be available on the Investor Relations section of the Company’s website at investors.strattec.com, where a transcript will be posted once available.

About Strattec

Strattec is a global automotive access company that designs and delivers safe, secure, and highly engineered access solutions for the automotive and mobility industries. Built on generations of access and security engineering expertise, Strattec partners closely with OEMs to create differentiated, system‑level access experiences for end consumers. Strattec’s portfolio spans the access journey from Permission, enabling secure vehicle entry through advanced mechanical and electronic systems; to Motion, delivering effortless, reliable powered access that enhances everyday usability; and through to Hold, providing precision‑engineered latching solutions that give drivers confidence through proven strength, safety, and durability trusted by OEMs worldwide.

As access becomes increasingly intelligent, connected, and central to vehicle experience, Strattec’s strategy is to expand its market share, further diversify its customers and geographic reach while becoming the most trusted access partner to drive long‑term growth across global automotive and mobility markets. For more information, visit www.strattec.com.

Safe Harbor Statement

Certain statements contained in this release contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words or phrases such as “anticipate,” “believe,” “could,” “expect,” “intend,” “may,” “planned,” “potential,” “should,” “will,” and “would.” Such forward-looking statements are inherently subject to many uncertainties in the Company’s operations and business environment. These uncertainties include general economic conditions, in particular, relating to the automotive industry, consumer demand for the Company’s and its customers’ products, competitive and technological developments, customer purchasing actions, changes in warranty provisions and customer product recall policies, work stoppages at the Company or at the location of its key customers as a result of labor disputes, foreign currency fluctuations, uncertainties stemming from U.S. trade policies, tariffs and reactions to the same from foreign countries, matters adversely impacting the timing and availability of component parts and raw materials needed for the production of the Company’s products and the products of its customers and fluctuations in costs of operation. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. Such uncertainties and other operational matters are discussed further in the Company’s quarterly and annual filings with the Securities and Exchange Commission. The forward-looking statements made herein are only made as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances occurring after the date of this release.

Use of Non-Gaap Financial Metrics and Additional Financial Information

In addition to reporting financial results in accordance with generally accepted accounting principles, or GAAP, Strattec provides Adjusted Non-GAAP information as additional information for its operating results. References to Adjusted Non-GAAP information are to non-GAAP financial measures. These measures are not required by, in accordance with, or an alternative for, GAAP and may be different from similarly titled non-GAAP financial measures used by other companies. Strattec’s management uses these measures to make strategic decisions, establish budget plans and forecasts, identify trends affecting Strattec’s business, and evaluate performance. Management believes that providing these non-GAAP financial measures to investors, as a supplement to GAAP financial measures, will help investors evaluate Strattec’s core operating and financial performance and business trends consistent with how management evaluates such performance and trends. Investors are encouraged to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures.

Strattec Security Corporation Consolidated Statements of Income (Unaudited) (In thousands, except per share amounts)
	Three Months Ended								Twelve Months Ended
	June 28, 2026				June 29, 2025				June 28, 2026				June 29, 2025
Net sales	$	151,827			$	152,013			$	579,392			$	565,066
Cost of goods sold		128,179				126,613				484,027				480,489
Gross profit		23,648				25,400				95,365				84,577
Gross margin		15.6	%			16.7	%			16.5	%			15.0	%
Selling, administrative and engineering expenses		17,480				16,898				68,842				61,793
Income from operations		6,168				8,502				26,523				22,784
Operating margin		4.1	%			5.6	%			4.6	%			4.0	%
Interest income		859				753				3,500				2,039
Interest expense		(37	)			(212	)			(359	)			(1,007	)
Other income, net		2,630				1,189				3,298				820
Income before provision for income taxes and non-controlling interest		9,620				10,232				32,962				24,636
Income tax expense		6,002				2,170				11,339				5,717
Net income		3,618				8,062				21,623				18,919
Net income (loss) attributable to non-controlling interest		(264	)			(205	)			1,025				234
Net income attributable to Strattec	$	3,882			$	8,267			$	20,598			$	18,685
Earnings per share attributable to Strattec
Basic	$	0.96			$	2.05			$	5.07			$	4.64
Diluted	$	0.95			$	2.01			$	5.00			$	4.58
Weighted average shares outstanding:
Basic		4,035				4,039				4,064				4,030
Diluted		4,091				4,105				4,122				4,076

STRATTEC SECURITY CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
(in thousands, except share amounts)
	June 28, 2026				June 29, 2025
ASSETS
Current Assets:
Cash and cash equivalents	$	108,243			$	84,579
Receivables, net		99,109				102,061
Inventories, net		64,310				64,701
Pre-production costs		6,489				8,657
Value-added tax recoverable		10,069				19,389
Other current assets		8,053				10,676
Total current assets		296,273				290,063
Noncurrent Assets:
Property, plant and equipment, net		69,845				77,410
Deferred income taxes		16,080				19,531
Other long-term assets		5,281				4,450
Total Assets	$	387,479			$	391,454
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities:
Accounts payable	$	54,973			$	65,824
Accrued payroll and benefits		20,773				22,956
Value-added tax payable		7,429				11,933
Warranty reserve		6,673				8,900
Other current liabilities		12,383				9,737
Total current liabilities		102,231				119,350
Noncurrent Liabilities:
Borrowings under credit facilities		—				8,000
Post-employment benefits		13,350				13,325
Other noncurrent liabilities		6,401				4,348
Total Liabilities		121,982				145,023
Shareholders’ Equity:
Common stock, authorized 18,000,000 shares, $.01 par value, 7,704,994 issued shares at June 28, 2026 and 7,635,883 issued shares at June 29, 2025		77				76
Capital in excess of par value		107,138				103,784
Retained earnings		289,895				269,297
Accumulated other comprehensive loss		(14,143	)			(16,113	)
Less: treasury stock, at cost (3,727,322 shares at June 28, 2026 and  3,596,549 shares at June 29, 2025)		(144,321	)			(135,452	)
Total Strattec shareholders’ equity		238,646				221,592
Non-controlling interest		26,851				24,839
Total Shareholders’ Equity		265,497				246,431
Total Liabilities and Shareholders’ Equity	$	387,479			$	391,454

Strattec Security Corporation Consolidated Statements of Cash Flows (Unaudited) (In thousands)
	Three Months Ended								Twelve Months Ended
	June 28, 2026				June 29, 2025				June 28, 2026				June 29, 2025
OPERATING ACTIVITIES:
Net income	$	3,618			$	8,062			$	21,623			$	18,919
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation		3,635				3,812				15,085				14,764
Foreign currency transaction loss (gain)		1,029				1,643				1,560				591
Deferred income taxes		3,563				(1,890	)			3,563				(1,890	)
Stock-based compensation expense		700				886				3,305				2,725
Unrealized (gain) loss on peso forward contracts		(2,461	)			(2,545	)			349				(2,314	)
Other, net		240				271				345				1,348
Change in operating assets and liabilities
Receivables		1,364				7,152				2,992				(3,085	)
Inventories		9,091				10,890				391				16,948
Prepaids and other assets		(2,516	)			6,033				9,466				12,027
Accounts payable		(9,497	)			(6,056	)			(10,431	)			10,674
Accrued liabilities		888				1,918				(1,944	)			970
Net cash provided by operating activities		9,654				30,176				46,304				71,677
INVESTING ACTIVITIES:
Purchase of property, plant and equipment		(1,415	)			(2,996	)			(7,328	)			(7,156	)
Proceeds from sale of property, plant and equipment		1,671				—				1,930				—
Net cash (used in) provided by investing activities		256				(2,996	)			(5,398	)			(7,156	)
FINANCING ACTIVITIES:
Borrowings under credit facilities		—				—				—				3,000
Repayment of borrowings under credit facilities		(1,000	)			(5,000	)			(8,000	)			(8,000	)
Payment for debt issuance costs		(34	)			—				(132	)			—
Repurchases of common stock under share repurchase program		(7,400	)			—				(7,400	)			—
Payment for taxes withheld from stock-based awards		(89	)			—				(1,442	)			—
Share issuances		17				17				64				61
Net cash used in financing activities		(8,506	)			(4,983	)			(16,910	)			(4,939	)
Foreign currency impact on cash		(118	)			276				(332	)			(413	)
NET INCREASE IN CASH AND CASH EQUIVALENTS		1,286				22,473				23,664				59,169
CASH AND CASH EQUIVALENTS
Beginning of period		106,957				62,106				84,579				25,410
End of period	$	108,243			$	84,579			$	108,243			$	84,579
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid during the period for:
Income taxes	$	2,825			$	5,039			$	4,746			$	14,174
Interest	$	—			$	276			$	218			$	1,007
Non-cash investing activities:
Change in capital expenditures in accounts payable	$	(72	)		$	(1,148	)			(79	)		$	(422	)

Strattec Security Corporation Reconciliation of GAAP to Non-GAAP Financial Measures (In thousands, except per share amounts)
		Fiscal 2025																Fiscal 2026
		Q1			Q2			Q3			Q4			Total				Q1			Q2			Q3			Q4			Total
NET SALES:
Net Sales (GAAP)		$	139,052		$	129,919		$	144,082		$	152,013		$	565,066			$	152,399		$	137,534		$	137,632		$	151,827		$	579,392
ADJUSTED EBITDA:
Net income attributable to Strattec (GAAP)		$	3,703		$	1,319		$	5,396		$	8,267		$	18,685			$	8,529		$	4,947		$	3,240		$	3,882		$	20,598
Net income (loss) attributable to non-controlling interest			45			79			315			(205	)		234				8			696			585			(264	)		1,025
Income tax expense			1,498			405			1,644			2,170			5,717				2,356			1,699			1,282			6,002			11,339
Other (income) expense, net			(129	)		482			16			(1,189	)		(820	)			275			(1,691	)		748			(2,630	)		(3,298	)
Interest income			(349	)		(408	)		(529	)		(753	)		(2,039	)			(877	)		(885	)		(879	)		(859	)		(3,500	)
Interest expense			295			257			243			212			1,007				156			96			70			37			359
Income from operations			5,063			2,134			7,085			8,502			22,784				10,447			4,862			5,046			6,168			26,523
Adjustments:
Depreciation			3,662			3,544			3,746			3,812		$	14,764				3,785			3,893			3,772			3,635		$	15,085
Non-cash stock-based compensation			188			891			760			887			2,726				669			1,125			811			700			3,305
Restructuring and similar charges			–			265			809			(676	)		398				–			1,305			424			(30	)		1,699
Cancelled program settlements			–			–			–			–			–				–			–			(1,323	)		–			(1,323	)
Executive transition costs			941			921			214			(17	)		2,058				136			88			423			240			887
Business transformation costs			74			215			259			479			1,027				514			994			960			1,824			4,292
			4,865			5,836			5,788			4,485			20,974				5,104			7,405			5,067			6,369			23,945
Adjusted EBITDA (Non-GAAP)		$	9,928		$	7,970		$	12,873		$	12,987		$	43,758			$	15,551		$	12,267		$	10,113		$	12,537		$	50,468
Adjusted EBITDA as a % of Net Sales			7.1	%		6.1	%		8.9	%		8.5	%		7.7	%			10.2	%		8.9	%		7.3	%		8.3	%		8.7	%
ADJUSTED NET INCOME AND EARNINGS PER SHARE:
Net income attributable to Strattec (GAAP)		$	3,703		$	1,319		$	5,396		$	8,267		$	18,685			$	8,529		$	4,947		$	3,240		$	3,882		$	20,598
Adjustments:
Restructuring and similar charges			–			265			809			(676	)		398				570			1,165			572			49			2,356
Cancelled program settlements			–			–			–			–			–				–			–			(1,323	)		–			(1,323	)
Executive transition costs			1,224			1,225			214			115			2,778				136			88			423			240			887
Business transformation costs			74			215			259			479			1,027				514			994			960			1,824			4,292
Non-controlling interest impact			–			–			(160	)		160			–				(196	)		190			(9	)		28			13
Tax effect on above adjustments and other discrete tax items			(292	)		(384	)		(376	)		107			(945	)			(383	)		(335	)		(139	)		2,388			1,531
			1,006			1,321			746			185			3,258				641			2,102			484			4,529			7,756
Adjusted Net Income attributable to Strattec (Non-GAAP)		$	4,709		$	2,640		$	6,142		$	8,452		$	21,943			$	9,170		$	7,049		$	3,724		$	8,411		$	28,354
Weighted Average Basic Shares Outstanding			4,005			4,035			4,039			4,039			4,030				4,054			4,080			4,085			4,035			4,064
Weighted Average Diluted Shares Outstanding			4,046			4,070			4,085			4,105			4,076				4,127			4,131			4,141			4,091			4,122
Diluted earnings per share (GAAP)		$	0.92		$	0.32		$	1.32		$	2.01		$	4.58			$	2.07		$	1.20		$	0.78		$	0.95		$	5.00
Adjusted dilutive earnings per share (Non-GAAP)		$	1.16		$	0.65		$	1.50		$	2.06		$	5.38			$	2.22		$	1.71		$	0.90		$	2.06		$	6.88

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260825826321/en/

Investor Contact:

Deborah K. Pawlowski, IRC

Alliance Advisors IR

Phone: 716-843-3908

Email: [email protected]

KEYWORDS: Wisconsin United States North America

INDUSTRY KEYWORDS: Automotive Manufacturing Aftermarket Automotive Manufacturing Other Automotive General Automotive Vehicle Technology Other Manufacturing Performance & Special Interest Engineering Machinery

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Dell Technologies to Present at Investor Conferences in September

ROUND ROCK, Texas–(BUSINESS WIRE)–
Dell Technologies (NYSE: DELL) announces that Michael Dell, chairman & chief executive officer, and David Kennedy, chief financial officer, will present at the following conferences:

Goldman Sachs Communacopia + Technology Conference

Wednesday, Sept. 9, 2026

12:25 p.m. PT / 3:25 p.m. ET

Speaker: Michael Dell

Citi 2026 Global TMT Conference

Thursday, Sept. 10, 2026

7:10 a.m. PT / 10:10 a.m. ET

Speaker: David Kennedy

A live webcast and a replay of all conference webcasts will be available on Dell Technologies’ Investor Relations page at investors.delltechnologies.com.

About Dell Technologies

Dell Technologies (NYSE: DELL) helps organizations and individuals build their digital future and transform how they work, live and play. The company provides customers with the industry’s broadest and most innovative technology and services portfolio for the AI era.

Copyright © 2026 Dell Inc. or its subsidiaries. All Rights Reserved. Dell Technologies, Dell, EMC and Dell EMC are trademarks of Dell Inc. or its subsidiaries. Other trademarks may be trademarks of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260825976261/en/

Investor Relations: [email protected]

Media Relations: [email protected]

KEYWORDS: Texas United States North America

INDUSTRY KEYWORDS: Hardware Consumer Electronics Technology Artificial Intelligence Software

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DKS Stock Drop Alert: Dick’s Sporting Goods Stock Drops 30% Triggering Securities Fraud Investigation by BFA Law

BFA Law is investigating whether Dick’s Sporting Goods, Inc. committed securities fraud relating to statements about the Foot Locker acquisition and related inventory, discounting, and profit pressures.

NEW YORK–(BUSINESS WIRE)–Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Dick’s Sporting Goods, Inc. (NYSE:DKS) for potential securities fraud after its significant stock drop.

If you invested in Dick’s Sporting Goods securities, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/dick-sporting-class-action-lawsuit.

Key Details of the Dick’s Sporting Goods ($DKS) Class Action Investigation:

• Investigation Overview: Securities fraud relating to Dick’s statements about the Foot Locker acquisition and related inventory, discounting, and profit pressures.
• Stock Decline: August 25, 2026 – 30% Stock Drop
• Action: Contact BFA Law to discuss your rights

Why is Dick’s Sporting Goods Being Investigated for Securities Fraud?

Dick’s Sporting Goods is a sporting goods retailer. It acquired Foot Locker in a $2.4 billion deal that increased its exposure to the sneaker market.

BFA is investigating whether Dick’s misled investors about the Foot Locker acquisition, including the risks from excess inventory, weak footwear demand, and heavy promotions by competitors.

Why did Dick’s Sporting Goods’ Stock Drop?

On August 24, 2026, Dick’s announced lower annual profits, weaker footwear demand, excess sneaker inventory, and heavy discounting needed to keep pace with competitors after the Foot Locker acquisition.

Following that announcement, Dick’s Sporting Goods shares fell approximately 30% on August 25, 2026.

Click here for more information: https://www.bfalaw.com/cases/dick-sporting-class-action-lawsuit.

What Can You Do?

If you invested in Dick’s Sporting Goods securities, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/dick-sporting-class-action-lawsuit

Or contact:

Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”

Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/dick-sporting-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260825304827/en/

Adam McCall
[email protected]
212.789.3619

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Class Action Lawsuit Professional Services Legal

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