Highest-materiality recent filing
Avnet reports record Q4 sales of $8.3B, up 48% YoY; adjusted EPS $2.28, up 182%
Record Q4 sales $8.3B (+48% YoY, +17% QoQ); GAAP EPS $1.49 vs $0.07; adjusted EPS $2.28 (+182% YoY).
Avnet Q3 sales $7.1B (+34% YoY); adjusted EPS $1.48 beats, up 76% YoY
Sales of $7,119.8M, up 34% YoY and 13% sequentially; record EC sales and double-digit growth in all regions.
Avnet Q2 FY2026 sales $6.32B (+11.6% YoY); adj. EPS $1.05, beat guidance
Sales $6.32B, up 11.6% YoY and 7.1% QoQ, above high end of guidance.
Avnet Q1 FY2026 sales $5.9B, adj EPS $0.84; Americas returns to YoY growth
Sales $5.90B (+5.3% YoY); diluted GAAP EPS $0.61, adjusted EPS $0.84; both exceeded expectations.
Avnet dismisses KPMG as auditor, appoints PwC effective Sept 30, 2025
Audit committee approved dismissal of KPMG and appointment of PricewaterhouseCoopers as new independent auditor.
Avnet issues $650M of 1.75% convertible notes due 2030; repurchases $100M in stock
Issued $650M aggregate principal of 1.75% Convertible Senior Notes due 2030, including full exercise of initial purchasers' option for additional $100M.
Avnet Q4 GAAP EPS $0.07, adjusted EPS $0.81; sales flat at $5.6B
GAAP diluted EPS of $0.07 vs $0.91 YoY; adjusted diluted EPS $0.81 vs $1.22.
Avnet Q3 sales $5.3B, GAAP EPS $1.01, adjusted EPS $0.84; Asia grows 13% YoY
Sales of $5.3B, down 6.0% YoY; GAAP diluted EPS $1.01 vs $0.97 YoY (up 4.1%).
Avnet Q2 FY2025 sales fall 8.7% to $5.7B; GAAP EPS $0.99 vs $1.28 YoY
Sales $5.66B (-8.7% YoY); GAAP diluted EPS $0.99 (-22.7%); adjusted EPS $0.87 (-37.9%).
Avnet Q1 FY2025 revenue down 11.6% to $5.6B; EPS $0.66 vs $2.25; Asia grows 6.2%
Sales $5,604M, down 11.6% YoY; diluted EPS $0.66 (down 70.7% YoY) — both above guidance range.
Avnet Q4 sales $5.6B, adjusted EPS $1.22; YoY sales down 15.1%, EPS down 40.8%
Q4 sales $5.56B (-15.1% YoY); GAAP diluted EPS $0.91 (-45.8%); adjusted diluted EPS $1.22 (-40.8%).
Avnet Q3 FY2024 sales down 13% YoY to $5.7B, EPS $0.97
Sales $5.65B, down 13.2% YoY; GAAP diluted EPS $0.97 vs $2.03.
Avnet Q2 FY2024 sales $6.2B (-7.6% YoY), adj. EPS $1.40 (-30%)
Sales $6.2B, down 7.6% YoY; GAAP diluted EPS $1.28 (down 51%).
Avnet Q1 sales $6.3B (-6.1% YoY); adjusted EPS $1.61, above guidance, but down 19.5% YoY
GAAP diluted EPS $2.25 vs $1.93 prior year; includes $0.71 legal settlement gain.
Avnet reports Q4 sales up 2.9% YoY; FY2023 diluted EPS $8.26 record, interest expenses weigh
FY2023 sales $26.5B (+9.2% YoY); GAAP diluted EPS $8.26 (record), adjusted diluted EPS $8.06.
Avnet Q3 FY23: Sales $6.5B, diluted EPS $2.03 beat guidance; EC margin hits 5%
Sales $6.51B (+0.4% YoY; constant currency +3.4%); diluted EPS $2.03 vs $1.84 (+10.3%).
Avnet Q2 FY2023 sales $6.7B +14.5% YoY; diluted EPS $2.63 vs $1.50
GAAP diluted EPS $2.63 (+75% YoY); adjusted diluted EPS $2.00 (+32.5% YoY).
Avnet Q1 FY2023 sales up 21% to $6.8B; adj. EPS $2.00 vs $1.22 YoY
GAAP diluted EPS $1.93, up 75.5% YoY from $1.10; adjusted EPS $2.00, up 63.9%.
Avnet appoints Kenneth A. Jacobson as CFO effective September 6, 2022
Jacobson, age 44, previously Corporate Controller and served as interim CFO in 2017-2018.
Avnet Q4 sales $6.4B (+22% YoY), GAAP EPS $2.51, adjusted EPS $2.07; record fiscal year EPS $6.94
Q4 sales $6.4B, up 21.9% YoY (28.2% constant currency); GAAP diluted EPS $2.51 vs $0.85.
Avnet Q3 FY2022 sales $6.5B (+32% YoY); adj. EPS $2.15 vs $0.74 YoY
Sales $6,488M, up 32% YoY and 11% sequentially; constant-currency growth 35.7% YoY.
Avnet Q2 fiscal 2022 sales $5.9B, up 25.6% YoY; adjusted EPS $1.51 vs $0.48
Sales $5.87B, up 25.6% YoY; GAAP diluted EPS $1.50 (vs $0.19); adjusted EPS $1.51 (vs $0.48).
Avnet reports Q1 FY2022 sales $5.6B (+18.2% YoY), adj. EPS $1.22, EC and Farnell margins rise
Sales $5.6B, up 18.2% YoY; organic sales up 33.7% YoY adjusting for TI sales and extra week.
Avnet extends receivables securitization to Aug 2023, cuts borrowing spread by 30 bps
Extended term of trade receivables securitization program to August 31, 2023 from prior expiry of August 31, 2021.
Avnet reports record Q4 sales $5.2B, EPS $0.85 GAAP, $1.12 adjusted; up 75% YoY
Q4 sales $5,226.7M, up 25.7% YoY; record for Electronic Components and Farnell segments.
Avnet preliminary Q4 FY2021: Sales $5.2B, adj. EPS $1.01-$1.05 above guidance
Sales of $5.2B, above prior guidance of $4.7B-$5.1B; up 25.7% YoY and 6.3% QoQ.
Effective on August 15, 2024, the Board of Directors of Avnet, Inc. (the “Company”) elected Virginia L. Henkels and Helmut Gassel to serve as directors of the Company.
Effective on August 15, 2024, the Board of Directors of Avnet, Inc. (the “Company”) elected Virginia L. Henkels and Helmut Gassel to serve as directors of the Company.
On September 6, 2022, Avnet, Inc. announced that the Avnet Board of Directors appointed Kenneth A. Jacobson to serve as Chief Financial Officer (principal financial officer), effective September 6, 2022.
Thomas Liguori, who has served as CFO since January 2018, will transition from the CFO role on September 6, 2022.
Kenneth Jacobson will become Avnet’s new CFO on September 6, 2022.
Effective on August 25, 2021, the Board of Directors of Avnet, Inc. (the “Company”) elected Ernest E. Maddock to serve as a director of the Company.
Max materiality 0.85 · Median 0.65 · Most common event earnings