What’s Going On: Distributors Hold ‘Lean’ Inventories of Wire

From the Q2 release from Encore Wire on its earnings + results (bolding by EleBlog):

We believe our superior order fill rates continue to enhance our competitive position, as our electrical distributor customers are holding lean inventories in the field. As orders come in from electrical contractors, the distributors can count on our order fill rates to ensure quick deliveries from coast to coast. We have been able to accomplish this despite holding what are historically lean inventories for us.

Source: http://electricalcontractor.com/?p=10375

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