Avnet Posts Record $8.3B Quarter, Guides Q1 Sales Above $9B
AVT has more than doubled off its 52-week low of $44.25.
Summary
Avnet reported record Q4 sales of $8.3 billion, up 48% year-over-year, with adjusted EPS of $2.28 beating estimates. The company guided Q1 fiscal 2027 sales to $9.0–$9.3 billion and adjusted EPS to $2.80–$2.90, signaling continued momentum.
Key Events · Earnings and Guidance · AVT
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Record Q4 Sales of $8.3B
Sales surged 48% year-over-year to $8.3 billion, with growth across all regions and both segments. Electronic Components sales hit $7.8 billion with a 4.1% operating margin; Farnell sales reached $500 million with a 9.0% margin.
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Adjusted EPS More Than Doubled
Adjusted diluted EPS of $2.28 grew 182% year-over-year, driven by operating leverage — adjusted operating income grew 2.6x faster than sales. GAAP diluted EPS was $1.49, up from $0.07 a year ago.
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Strong Q1 Fiscal 2027 Guidance
Avnet guided Q1 sales to $9.00–$9.30 billion (midpoint $9.15B, ~10% sequential growth) and adjusted diluted EPS to $2.80–$2.90, well above the prior quarter's $2.28 and implying continued margin expansion.
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Inventory Days Declined Sharply
Inventory days fell to 71, down 6 days sequentially, with EC inventory days under 65 and Farnell under 200. This reflects strong demand and disciplined working capital management.
Analysis · AVT · Trade & Services
A blowout quarter saw sales surge 48% to a record $8.3 billion, while adjusted EPS more than doubled to $2.28. Operating leverage is clearly kicking in — adjusted operating income grew 2.6x faster than sales. For Q1 fiscal 2027, the company guided to another record, with sales of $9.0–$9.3 billion and adjusted EPS of $2.80–$2.90, well above consensus. This is a thesis-altering print that confirms the semiconductor cycle recovery is accelerating and Avnet is capturing disproportionate share.
How filings like this one have moved
In the 30 days to Sep 17, 2026, 41.1% of the 387 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.64%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, AVT was trading at $101.23 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $7.6B. The 52-week trading range was $44.25 to $95.26. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.