Avnet Notes Continued Softness as 3Q Sales Fall 13%
Sales sequentially decelerated further amid what the company cited as economic softness and lower market demand.
Avnet Notes Continued Softness as 3Q Sales Fall 13% Read More »
Sales sequentially decelerated further amid what the company cited as economic softness and lower market demand.
Avnet Notes Continued Softness as 3Q Sales Fall 13% Read More »
October-December Avnet sales fell 5.5% year-over-year in the Americas.
Avnet 2Q Sales Fall 7.6% Read More »
The tool aims to help engineers create designs faster by giving them visibility into available products and the knowledge to put them to use.
Avnet Launches Self-Service Design Hub for Engineers Read More »
Products manufactured at the campus are typically for original equipment manufacturers (OEM) customers, Avnet said.
Avnet Opens Tech Campus in Southern Germany Read More »
On a constant currency basis, sales decreased 7.8% year-over-year and decreased 2.9% sequentially, Avnet said in a news release.
Avnet 1Q Sales Down 6.1%, but Net Profit Improves Read More »
The company said that fourth-quarter sales of $6.6 billion exceeded guidance and were up 2.9% year-over-year.
Avnet Nets $26.5B in Fiscal 2023 Sales, Up 9.2% YoY Read More »
MDM looks at another round of earnings reports from industrial distributors and manufacturers.
Earnings Roundup: Avnet, Timken, MSA Safety, ITW, BlueLinx Read More »
Rebecca Obregon-Jimenez will fill the newly created role at Avnet.
Avnet Adds SVP of Business Engagements & Supplier Management Read More »
Avnet's 2Q sales were up 14.5% year-over-year, according to its Feb. 2 earnings announcement.
Avnet Posts $6.7B Sales in Fiscal 2Q Read More »
Ken Jacobson, who served as interim CFO in 2017-18, takes over financial leadership for the electronics distribution giant.
Avnet Veteran Jacobson Named CFO Read More »
The Phoenix-based global technology solutions provider also reported fiscal 2022 4Q sales of $6.4 billion.
Avnet Fiscal-Year Sales Top $24B Read More »
Corporate Controller Kenneth A. Jacobson will succeed Thomas Liguori as CFO effective September 6, the company announced.
Avnet Announces CFO Transition Read More »
Avnet says the strategic partnership with AWS will help OEMs of IoT solutions ‘accelerate their time to market.’
Avnet Announces Partnership with Amazon Read More »
The SciTech Institute is an organization focused on enhancing and promoting the value and importance of STEM education.
Avnet Partners with Student STEM Program Read More »
The company broke ground on a new manufacturing site in Eschbach and announced plans to build its third European logistics center in Bernburg.
Avnet Expands at German Locations Read More »
Growing demand for supply chain orchestration is ‘driving strong financial performance across our global business,’ CEO says.
Avnet Fiscal 3Q Sales Reach $6.5B Read More »
The Phoenix-based company’s board of directors recently approved a regular quarterly cash dividend of $0.26 per share.
Avnet Announces Regular Dividend Read More »
The company’s 2022 fiscal second-quarter sales were $5.9 billion, up from $4.7 billion the year before and ‘exceeding guidance.’
Avnet Fiscal 2Q Sales Up Read More »
A smart mix of profitable products and agile procurement strengthens a distributor’s competitive position, Avnet’s Peggy Carrieres discusses in a new MDM podcast.
Inventory Balance and Supply Chain Insight Elevate as Strategic Assets Read More »
Distributors are scrambling to reinforce bench strength as market conditions look good. Here’s what Fastenal, Ferguson, Avnet and others are sharing with MDM on how they’re adapting.
Need Good Help! Talent Stress Emerges as Top 2022 Challenge for Distributors Read More »