Avnet preliminary Q4 FY2021: Sales $5.2B, adj. EPS $1.01-$1.05 above guidance

AVNET INC

2021-FY EPS reported $1.93 revenue$19,534,679,000

Sales of $5.2B, above prior guidance of $4.7B-$5.1B; up 25.7% YoY and 6.3% QoQ.
GAAP diluted EPS expected $0.72-$0.78; adjusted diluted EPS expected $1.01-$1.05, exceeding guidance of $0.71-$0.77.
Adjusted operating margin 2.9% (up 188 bps YoY); Electronic Components margin 3.1%, Farnell margin 8.3%.
Strong sales growth in EMEA, Asia, and Farnell; operating improvement in the Americas noted by CEO Phil Gallagher.
Company plans to report full Q4 and FY2021 results on August 11, 2021.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.