Littelfuse ( (LFUS) ) has released a notification of late filing.
Littelfuse, Inc. has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending December 28, 2024. The delay is primarily due to a failure in adhering to inventory cycle count policies at one of its non-U.S. manufacturing entities, which affected the valuation of inventory and required additional time for financial statement analysis. The company expects to file the report by March 13, 2025. Although the financial results will differ from previous reports, the adjustments are expected to be immaterial. Littelfuse has identified a material weakness in its internal control over financial reporting but does not anticipate it will materially impact the upcoming financial report. The notification was signed by Meenal A. Sethna, Executive Vice President and Chief Financial Officer, as the company continues efforts to address the issue.
More about Littelfuse
YTD Price Performance: 2.21%
Average Trading Volume: 141,058
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $5.96B
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