Avnet Posts 81.7% Sales Growth in First-Quarter Fiscal 2027
Photo: TokenPost
Avnet (AVT) posted 81.7% year-over-year sales growth for first-quarter fiscal 2027, alongside a 230.5% rise in adjusted operating income for the period ended Oct. 3, 2026. Sales totaled $10.7 billion. Adjusted diluted earnings per share came to $3.63. Adjusted operating income margin was 4.7%, an increase of 210 basis points from a year earlier. Avnet also provided an outlook for its second quarter. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
