NasdaqGS:AVTElectronic
Strong Quarter, Buybacks and Higher Guidance Could Be A Game Changer For Avnet (AVT)
In August 2026, Avnet, Inc. reported past fourth-quarter sales of US$8,295.38 million and net income of US$126.58 million, with full-year sales of US$27,632.68 million and net income of US$334.39 million, alongside new guidance calling for first-quarter fiscal 2027 sales of US$9.00–US$9.30 billion and GAAP diluted EPS of US$2.57–US$2.77.
Avnet also completed a multi-year buyback of 20,236,414 shares for US$1,024 million, retiring about almost a quarter of its share base while analyst...