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Stock impact report

Avnet Q2 Earnings Call Highlights [Yahoo! Finance]

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: Yahoo! Finance
Management said demand and lead times are resetting higher—driven largely by data-center and AI demand—with stable overall pricing but spot increases that could pressure prices as supply tightens, creating supply-chain mismatches Avnet can address. Working capital improved (inventory down $126 million to 86 days) and gross leverage fell to 3.9x, and the company guided Q3 sales of $6.2–$6.5 billion and diluted EPS of $1.20–$1.30, expecting modest sequential growth and recovery in Western regions. Interested in Avnet, Inc.? Here are five stocks we like better. Avnet (NASDAQ:AVT) reported second-quarter fiscal 2026 results that management said exceeded the high end of the company's sales and earnings guidance, citing record revenue in Asia, better-than-typical seasonal performance in the Americas and Europe, and improving demand signals across multiple end markets. Chief Executive Officer Phil Gallagher said the company delivered sales of $6.3 billion and generated more than $20 Show less Read more
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