Key Tronic Withholds 1Q Guidance on Tariff Uncertainty, 4Q Loss Widens

Dow Jones

Aug 28

By Kelly Cloonan

Key Tronic withheld guidance for the first quarter due to continuing tariff uncertainty after logging a wider loss and lower sales in its latest quarter.

The contract manufacturer said Wednesday tariff uncertainty dented fourth-quarter results, delaying new program launches from many customers and weighing on demand from two longstanding customers. The timing of new program ramps remains unclear.

For the fiscal fourth quarter, Key Tronic posted a loss of $3.9 million, or 36 cents a share, compared with a loss of $2 million, or 18 cents a share, a year earlier.

Adjusted net loss per share was 35 cents.

Revenue declined to $110.5 million compared with $126.6 million a year ago.

The company continues to build out new production capacity in the U.S. and Vietnam to provide customers with options to manage current and future tariffs, Chief Executive Brett Larsen said. It is also moving to right-size its Mexico facility.

The new capacity is expected to be fully operational in the first half of fiscal 2026, he said. By the end of the fiscal year, Key Tronic expects about half of its manufacturing to take place at its U.S. and Vietnam facilities.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

August 27, 2025 17:30 ET (21:30 GMT)

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The timing of new program ramps remains unclear.For the fiscal fourth quarter, Key Tronic posted a loss of $3.9 million, or 36 cents a share, compared with a loss of $2 million, or 18 cents a share, a year earlier.Adjusted net loss per share was 35 cents.Revenue declined to $110.5 million compared with $126.6 million a year ago.The company continues to build out new production capacity in the U.S. and Vietnam to provide customers with options to manage current and future tariffs, Chief Executive Brett Larsen said. It is also moving to right-size its Mexico facility.The new capacity is expected to be fully operational in the first half of fisc","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"KTCC":"Key Tronic Corporation","BK4145":"电子制造服务"},"translate_title":"Key Tronic因关税不确定性而扣留第一季度指引，第四季度亏损扩大","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KTCC":1},"content_text":"By Kelly Cloonan \n\n\n \n\n\nKey Tronic withheld guidance for the first quarter due to continuing tariff uncertainty after logging a wider loss and lower sales in its latest quarter. \n\n\n  The contract manufacturer said Wednesday tariff uncertainty dented fourth-quarter results, delaying new program launches from many customers and weighing on demand from two longstanding customers. The timing of new program ramps remains unclear. \n\n\n  For the fiscal fourth quarter, Key Tronic posted a loss of $3.9 million, or 36 cents a share, compared with a loss of $2 million, or 18 cents a share, a year earlier. \n\n\n  Adjusted net loss per share was 35 cents. \n\n\n  Revenue declined to $110.5 million compared with $126.6 million a year ago. \n\n\n  The company continues to build out new production capacity in the U.S. and Vietnam to provide customers with options to manage current and future tariffs, Chief Executive Brett Larsen said. It is also moving to right-size its Mexico facility. \n\n\n  The new capacity is expected to be fully operational in the first half of fiscal 2026, he said. 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