Excess Channel Inventory Derails Littelfuse

Circuit protection product manufacturer Littelfuse (NASDAQ: LFUS) reported its second-quarter results before the market opened on July 31. Revenue and adjusted earnings tumbled as trade tensions, a weak automotive market, and bloated channel inventories posed major challenges. High inventories will be a problem for the rest of the year, likely killing any chance of a significant rebound in the second half.

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Q2 2019

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