Littelfuse Q2 net sales up 18% YoY to $618.4M; raises dividend 13%; completes C&K acquisition

LITTELFUSE INC /DE

2022-Q2 EPS reported $8.19 revenue$1,241,766,000

Net sales $618.4M (+18% YoY, +10% organic); GAAP EPS $3.48; adjusted EPS $4.26 (+25% YoY).
Cash from ops $113.6M; free cash flow $87.2M.
Board approved 13% dividend increase to $0.60/quarter ($2.40 annualized); payable Sept 8, record Aug 25.
Q3 guidance: net sales $630-644M; adjusted EPS $3.71-$3.87.
Completed acquisition of C&K Switches on July 19, 2022.

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