Key Tronic Corp 2024年度报告

FORM10-K ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGEACT OF 1934FOR THE FISCAL YEAR ENDEDJUNE 28, 2025OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIESEXCHANGE ACT OF 1934 FOR THE PERIOD FROMTO Commission File Number0-11559 KEY TRONIC CORPORATION (Exact name of registrant as specified in its charter) 91-0849125(I.R.S. EmployerIdentification No.) Washington (State or other jurisdiction ofIncorporation or organization) Washington (509)928-8000(Registrant’s telephone number, including area code) Securities Registered Pursuant to Section12(b) of the Act: Title of each classTrading SymbolName of each exchange on which registeredCommon stock, no par valueKTCCThe NASDAQ Stock Market LLC Securities Registered Pursuant to Section12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the SecuritiesAct.Yes☐No☒ Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or Section15(d) of the ExchangeAct.Yes☐No☒ Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2)has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulations S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit and post such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer”, “smallerreporting company” and "emerging growth company" in Rule 12b-2 of the Exchange Act. (Check one): If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectivenessof its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C.7262(b)) by the registeredpublic accounting firm that prepared or issued its audit report.☐ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to § 240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ State the aggregate market value of the voting and non-voting common equity held by non affiliates computed by reference tothe price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last businessday of the registrant’s most recently completed second fiscal quarter. As of December 28, 2024, the aggregate market value of the registrant’s common stock held by non-affiliates of the registrantwas $41.3million based on the closing price as reported on the NASDAQ. Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date:10,773,774shares of common stock were outstanding as of September8, 2025. Documents Incorporated by Reference: Certain information is incorporated into Part III of this report by reference to the Proxy Statement for the registrant’s 2025 annualmeeting of stockholders to be filed with the Securities and Exchange Commission pursuant to Regulation 14A not later than 120 daysafter the end of the fiscal year covered by this Annual Report on Form 10-K. KEY TRONIC CORPORATION2025 FORM 10-KTABLE OF CONTENTS PARTI Item1.BusinessItem 1A.Risk FactorsItem 1B.Unresolved Staff CommentsItem 1C.CybersecurityItem 2.PropertiesItem 3.Legal ProceedingsItem 4.Mine Safety Disclosures PARTII Item 5.Market for the Registrant’s Common Equity, Related Stockholder Matters, and Issuer Purchases of EquitySecuritiesItem 6.[Reserved]Item7.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 7A.Quantitative and Qualitative Disclosures about Market RiskItem 8.Financial Statements and Supplem