- Fourth quarter sales of $6.4 billion and operating income margin of 4.5%
- Fiscal 2022 sales of $24.3 billion and record diluted EPS of $6.94
- Farnell achieves record revenues of $1.8 billion with operating margin over 13%
- Avnet has announced results for its fourth quarter and fiscal year ended July 2, 2022.
Commenting on the Company’s financial results, Avnet Chief Executive Officer Phil Gallagher stated, “We are pleased to end the fiscal year on a high note, delivering another strong quarter of year-over-year sales growth and operating margin expansion. Supported by solid execution across our businesses, Avnet continues to gain share and secure new opportunities in the markets in which we compete. Despite an evolving macro environment, we remain well-positioned to continue to grow our business profitably by helping our customers and suppliers navigate an increasingly complex market.”
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