Avnet, Inc. (Nasdaq: AVT), a leading global technology distributor and solutions provider, today announced it will report financial results for the fourth quarter and fiscal year 2026 on August 5, 2026 before the market opens. Following the earnings release, Avnet’s Chief Executive Officer Phil Gal…
Avnet AVT is benefiting from strong demand in AI infrastructure and networking markets. AI-related demand is becoming a larger part of AVT’s business. In the third quarter of fiscal 2026, management stated that the company’s direct exposure to AI and data center customers has increased from around…
Avnet Inc. AVT shares have soared 81.5% in the year-to-date period, outperforming the Zacks Electronics - Parts Distribution industry’s 63% growth.AVT YTD Performance ChartDespite this outperformance, AVT stock is trading at a price-to-sales multiple of 0.27X, which is below the P/S multiple of ind…
