LITTELFUSE INC /DE

LITTELFUSE INC /DE announced its third-quarter and nine-month results for 2026. The company reported a significant increase in net sales for both periods, with Q3 sales reaching $766.7 million, a 22.8% increase year-over-year, and nine-month sales at $2.16 billion, up 20.6% YoY. Diluted earnings per share also saw substantial growth, with Q3 EPS at $4.49 and nine-month EPS at $10.94. The company also provided details on its recent acquisitions, including Basler Electric and the Dortmund Fab, which are integrated into its Industrial and Electronics segments, respectively.

Littelfuse, Inc. announced the appointment of Todd Kelsey to its Board of Directors, effective August 6, 2026. The Board's size was increased from eight to nine members to accommodate this appointment. Mr. Kelsey, who is the President and CEO of Plexus Corp., will also serve on the Compensation Committee and has been determined to be an independent director.

Littelfuse reported strong financial results for the second quarter of 2026, with net sales increasing to $738.8 million and diluted EPS rising to $3.49. However, the company also recorded significant impairment charges of $13.1 million related to the closure of two manufacturing sites in its Electronics segment, alongside $20.0 million in restructuring charges. The company continued to integrate its recent acquisitions of Basler Electric and Dortmund Fab, contributing to segment growth.

Littelfuse reported strong second-quarter 2026 financial results, exceeding expectations with net sales increasing 20% to $739 million and adjusted diluted EPS reaching $4.19. The company saw broad-based demand and disciplined execution, with significant growth in the Electronics and Industrial segments. Littelfuse also increased its quarterly cash dividend by 7% to $0.80 per share and provided optimistic Q3 2026 guidance, projecting net sales between $780 million and $800 million and adjusted diluted EPS of $4.85 to $5.05. The Basler acquisition is performing ahead of expectations.

Littelfuse, Inc. presented its strategic vision and financial ambitions at its Investor Day on May 14, 2026. The company targets $4.5 billion in revenue and $1.1 billion in adjusted EBITDA by 2030, driven by a sharpened focus on high-growth opportunities in electrification and strategic acquisitions. Littelfuse plans to achieve 7-9% organic revenue CAGR and 6-8% inorganic revenue CAGR, alongside significant margin expansion and strong free cash flow generation, aiming for over $25.00 adjusted EPS.

Littelfuse reported strong first-quarter 2026 financial results with significant increases in net sales, net income, and diluted EPS compared to the prior year. The company also completed a major debt restructuring, eliminating a $300 million term loan and increasing its revolving credit facility to $800 million. This financial performance was supported by growth across all segments, particularly the Industrial segment.

Littelfuse reported strong first-quarter 2026 results, exceeding expectations with net sales of $657 million, a 19% increase year-over-year, and adjusted diluted EPS of $3.31, up 51%. All segments delivered growth and margin expansion, driven by solid market demand and strategic execution. The company also provided optimistic second-quarter guidance, projecting net sales between $690 million and $710 million and adjusted diluted EPS of $3.65 to $3.85, supported by a strong backlog and continued customer momentum.

Littelfuse, Inc. has amended and restated its Long-Term Incentive Plan and is granting Performance Share Awards (PSUs) to participants. These PSUs will vest based on the Company's Relative Total Shareholder Return (TSR) Percentile over a three-year performance period, with payouts ranging from 0% to 200% of the target, capped at 100% if the company's TSR is negative. The plan includes specific provisions for vesting upon retirement, death, disability, or a change in control, and dividend equivalents will accrue subject to vesting conditions.