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Stock impact report

Avnet to Host 2022 Investor Day and Ring NASDAQ Opening Bell Today

Avnet, Inc. (AVT) 
Last avnet, inc. earnings: 4/27 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.avnet.com/investor-relations
Company Research Source: Business Wire
Avnet to Ring Opening Bell at 9:30 a.m. ET; Investor Day to Begin at 10:30 a.m. ETAvnet Expands Share Repurchase Authorization to $600 Million PHOENIX--(BUSINESS WIRE)--Avnet, Inc. (Nasdaq: AVT), a leading global technology solutions company, will host its Investor Day today at 10:30 a.m. ET at the NASDAQ Marketsite in New York City. At the event, Avnet’s senior leadership team will provide an update on the business, with presentations from senior management. The presentations will highlight updated medium-term (3 – 4 years) targets including:Growth in higher margin revenue with a path to sustainable operating margins of greater than 5% for total AvnetHigher margin businesses expanding to contribute greater than 50% of total gross profit:Farnell growth expansion targeting annual revenue of $3 billion with 10-15% operating marginsEmbedded growth targeting annual revenue of $1 billion with 10%+ operating marginInterconnect, passive and electomechanical business growth targeting annua Show less Read more
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