Avnet

Avnet, Inc. engages in the distribution and sale of electronic components. It operates through the Electronic Components and Farnell segments. The Electronic Components segment markets and sells semiconductors, interconnect, passive and electromechanical devices, and integrated components. The Farnell segment is involved in the distribution of electronic components and related products to the electronic system design community utilizing multi-channel sales and marketing resources. The company was founded by Charles Avnet in 1921 and is headquartered in Phoenix, AZ.

Earnings data Q3 2021

Earnings data Q4 2021

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Earnings data Q4 2022

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Earnings data Q1 2025

Earnings data Q2 2025

Avnet exceeds Q1 earnings guidance, faces inventory challenges in Asia

Avnet's Q1 2023 performance exceeded guidance, but challenges persist in Asia and with inventory levels. The company is focused on managing inventory, working capital, and addressing pricing impacts. Opportunities lie in closely monitoring market conditions and managing backlog effectively.

Avnet surpasses Q2 expectations, eyes digital growth amid inventory challenges

Avnet delivered strong financial performance in Q2 FY 2023, driven by global sales growth and operational efficiency.
While facing challenges such as softening book-to-bill ratios and elevated inventory levels, Avnet's diversification and strategic focus remain strengths.
Opportunities lie in improving inventory management, leveraging digital sales channels, and addressing margin pressures in specific business segments.
Overall, Avnet's resilience and proactive approach position them well for navigating market uncertainties and driving future growth.

Avnet surpasses Q3 targets, eyes e-commerce growth amid challenges

Avnet's Q3 performance exceeded expectations, driven by sales growth in key regions and strong margins.
While facing challenges like product constraints and increased inventory, the company is focused on operational efficiency and balance sheet improvement.
Opportunities lie in expanding e-commerce sales, managing cancellations effectively, and leveraging sustained customer interest in orders.

Avnet posts stellar Q4 results, eyes growth and profitability

Avnet's strong performance in Q4 2023 showcases growth and operational efficiency. While facing challenges like lead times and margin mix, the company is well-positioned to capitalize on industry growth and improve profitability in the upcoming fiscal year.

Avnet reports Q1 sales decline but maintains solid margins

Avnet's Q1 performance saw a decline in sales but solid operating margins. The company is strategically managing inventory levels and costs to drive improvements. Despite challenges in certain segments, Avnet is optimistic about its competitive position and growth opportunities.

Avnet reports Q2 earnings slightly above guidance amidst global challenges

Avnet's Q2 performance was slightly above guidance, with a focus on margin expansion and expense control. Challenges include weak economic conditions globally and softening demand in certain sectors. The company is optimistic about future opportunities and aims to navigate market challenges by reducing inventory and focusing on growth areas.

Avnet reports Q3 earnings, eyes growth in defense markets

Avnet navigated challenges in Q3 but aims for growth in 2025. Cost reduction actions are expected to benefit in FY '25, with a focus on working capital reductions and market share gains. The company expects a return to growth in calendar year 2025.

Avnet surpasses Q1 expectations, focuses on inventory optimization

Avnet's Q1 performance exceeded expectations driven by Asia, facing challenges in the West and at Farnell.
Strategic focus on inventory reduction, margin stabilization, and growth opportunities in IP&E business.
Initiatives to optimize operations and enhance results in the face of market dynamics and regional challenges.

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PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet names Ernest Maddock to its Board of Directors.

Avnet Names Ernest Maddock to Its Board of Directors

Avnet (AVT) enhances shareholders' wealth with a 9.1% hike in quarterly dividend rate to 24 cents per share

Avnet (AVT) Hikes Dividend, Boosts Shareholders' Wealth

PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet increases quarterly dividend by 9.1% and announces annual shareholder meeting.

Avnet Increases Quarterly Dividend by 9.1% and Announces Annual Shareholder Meeting

If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider Avnet (AVT).

Looking for a Growth Stock? Why It is Time to Focus on Avnet (AVT)

Avnet's (AVT) fourth-quarter fiscal 2021 top-line results reflect stellar growth across Asia and EMEA regions as well as impressive performance of the Farnell business unit which boosted sales.

Avnet's (AVT) Q4 Earnings Beat, Revenues Meet Estimates

Avnet, Inc. (AVT) CEO Phil Gallagher on Q4 2021 Results - Earnings Call Transcript

Avnet (AVT) delivered earnings and revenue surprises of 8.74% and 0.55%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Avnet (AVT) Q4 Earnings and Revenues Top Estimates

Shares of Avnet (NASDAQ:AVT) moved higher by 0.6% in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 75.00% over the past year to $1.12, which beat the estimate of $0.79.

Recap: Avnet Q4 Earnings

PHOENIX--(BUSINESS WIRE)---- $AVT #ReachFurther--Avnet Reports Fourth Quarter and Fiscal 2021 Financial Results

Avnet Reports Fourth Quarter and Fiscal 2021 Financial Results

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Avnet (AVT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Avnet (AVT) is Poised to Beat Earnings Estimates Again

Avnet's (AVT) Q4 results likely to reflect benefits from solid demand for its Electronic Components and cost-reduction programs.

Avnet (AVT) to Report Q4 Earnings: What's in the Offing?

Avnet (AVT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Avnet (AVT) This Earnings Season?

Good things could be on the horizon when a stock surpasses the 50-Day simple moving average. How should investors react?

Avnet (AVT) Crossed Above the 50-Day Moving Average: What That Means for Investors

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Avnet's (AVT) preliminary data for Q4 revenues and earnings surpassed the respective Zacks Consensus Estimate as well as exceeded the higher end of the previous guidance.

Avnet (AVT) Announces Upbeat Preliminary Results for Q4

PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet announces preliminary results for fourth quarter fiscal year 2021.

Avnet Announces Preliminary Results for Fourth Quarter Fiscal Year 2021

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Avnet (AVT) Stock Undervalued Right Now?

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Avnet (AVT) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.

Why Avnet (AVT) Could Be a Top Value Stock Pick

Will Avnet (AVT) Beat Estimates Again in Its Next Earnings Report?

Avnet's (AVT) stock is likely to sustain the upward momentum as it is benefiting from robust demand for its products, continued focus on high growth businesses and increased IT spending by companies.

Avnet (AVT) Stock's Rally Likely to Continue Further: Here's Why

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Avnet (AVT) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.

News for Avnet Stock (AVT)