Avnet INC

Avnet Inc. announced record sales and double-digit growth in its third quarter of fiscal 2026, driven by broad market strength and effective operational execution.

Avnet, Inc. reported robust second-quarter fiscal 2026 results, surpassing sales and adjusted EPS guidance, driven by strong growth across all regions, particularly Asia.

Avnet, Inc. shareholders approved all ten director nominees, executive compensation, the 2025 Stock Compensation and Incentive Plan, and ratified PwC as independent auditors at the 2025 Annual Meeting.

Avnet, Inc. reported first-quarter fiscal 2026 sales of $5.9 billion and adjusted diluted EPS of $0.84, exceeding expectations with strong growth in Asia and Farnell.

Avnet, Inc. announced the appointment of PricewaterhouseCoopers LLP as its new independent registered public accounting firm, replacing KPMG LLP.

Avnet, Inc. successfully issued $650 million in 1.75% Convertible Senior Notes due 2030, using proceeds to repurchase shares and reduce revolving credit facility debt.

Avnet reports a 5.3% increase in Q1 fiscal 2026 sales to $5.9 billion, driven by growth in Asia and Farnell, but net income declined 12.2% to $51.7 million.

Avnet's Q3 fiscal 2025 results reveal a decrease in sales and profitability, impacted by lower demand for electronic components and a cyclical downturn in the industry.

Avnet's Q2 fiscal 2025 results reveal a decline in sales and earnings due to an ongoing industry downturn, impacting both its Electronic Components and Farnell segments.

Avnet's first quarter fiscal 2025 results show a decrease in sales and profits due to an industry-wide downturn in electronic components.

Avnet's Q3 2024 results show a significant decrease in sales and profitability due to an ongoing industry downturn in electronic components.

Avnet's second quarter results show a decrease in sales and profitability due to softening demand for electronic components and customers having sufficient inventory.

Avnet, a global electronic component distributor, reported a 6.6% sales decrease and a 51.8% net income drop in fiscal 2025, driven by a semiconductor industry downturn and lower demand.

Avnet's fiscal year 2024 sales decreased by 10.5% due to an industry downturn, impacting operating income and earnings per share.

Avnet Inc. Chief Financial Officer Kenneth A. Jacobson reported a sale of 12,000 shares of common stock on May 22, 2026, for an average price of $85.26 per share.

Avnet Director Ernest E. Maddock acquired 94 Phantom Stock Units through a quarterly dividend, increasing his beneficial ownership.

Avnet Director Oleg Khaykin acquired 326 Phantom Stock Units through a quarterly dividend, increasing his total beneficial ownership to 56,268 PSUs.

Avnet Director Virginia Henkels acquired 45 Phantom Stock Units through a quarterly dividend, increasing her beneficial ownership.

Avnet Director Helmut Gassel acquired additional Phantom Stock Units through a quarterly dividend, increasing his beneficial ownership.

AVNET Director Brenda Freeman acquired 209 Phantom Stock Units through a quarterly dividend, increasing her beneficial ownership to 36,054 units.

Avnet, Inc. announces its 2025 Annual Meeting of Shareholders to vote on director elections, executive compensation, a new stock plan, and auditor ratification.

Avnet, Inc. announces its 2025 Annual Meeting agenda, including director elections and a new stock plan, against a backdrop of significant financial performance deterioration in fiscal 2025.

Avnet, Inc. announces its annual shareholder meeting to be held on November 22, 2024, outlining key proposals for shareholder voting, including the election of directors and executive compensation.

Avnet's 2024 proxy statement outlines key proposals for the upcoming annual meeting, including the election of directors, an advisory vote on executive compensation, and the ratification of the company's independent auditor.

Pzena Investment Management, LLC has filed a Schedule 13G, reporting beneficial ownership of 3,226,409 shares of Avnet Inc. common stock, representing 3.9% of the class.

Vanguard Capital Management has reported beneficial ownership of 5.2% of Avnet Inc.'s common stock as of March 31, 2026.

Vanguard Portfolio Management has reported a beneficial ownership of 7.79% in Avnet Inc. common stock as of March 31, 2026.

Pzena Investment Management LLC has reported beneficial ownership of 5,800,061 shares, representing 7.1% of Avnet Inc.'s common stock, as of March 31, 2026.

The Vanguard Group has filed an amended Schedule 13G for Avnet Inc., reporting 0% beneficial ownership following an internal realignment that disaggregated reporting responsibilities.

BlackRock, Inc. has filed an Amendment No. 5 to its Schedule 13G, disclosing a continued beneficial ownership of 9.5% of Avnet Inc.'s common stock as of March 31, 2025.