NasdaqGS:AVTElectronic
Will Avnet's (AVT) Rising Sales, Lower Earnings and Ending Buyback Shift Its Investment Narrative?
In late January 2026, Avnet reported past second-quarter fiscal 2026 results showing higher year-over-year sales of US$6,318.96 million but lower net income of US$61.73 million, alongside issuing third-quarter GAAP EPS guidance of US$0.95 to US$1.15 and confirming completion of its US$886 million share repurchase program.
The combination of rising revenue, compressed earnings and EPS, and the end of a multi-year buyback program gives investors fresh insight into how Avnet is balancing...