Overview

* Avnet Q4 sales of $5.6 bln, beating analyst expectations, per LSEG data

* Adjusted EPS of $0.81 beats analyst expectations, per LSEG data

* Farnell returns to yr/yr sales and operating income margin growth

Outlook

* Avnet expects Q1 fiscal 2026 sales of $5.55 bln to $5.85 bln

* Company projects Q1 fiscal 2026 adjusted EPS of $0.75 to $0.85

* Guidance implies 2% sequential sales growth at midpoint

* Avnet anticipates sales growth across all regions in Q1 fiscal 2026

Result Drivers

* ASIA GROWTH - Fourth consecutive quarter of yr/yr sales growth in Asia region

* FARNELL RECOVERY - Farnell returns to yr/yr sales and operating income margin growth

* COST MANAGEMENT - Effective cost management and working capital optimization enhanced operating cash flow

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q4 Sales Beat $5.62 $5.38

bln bln (5

Analysts

)

Q4 Beat $0.81 $0.75 (5

Adjusted Analysts

EPS )

Q4 EPS $0.07

Q4 Net $6.09

Income mln

Q4 Gross $593.68

Profit mln

Q4 $73.50

Operatin mln

g Income

Q4 $7.40

Pretax mln

Profit

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)