Avnet (AVT) Tops Q1 EPS by 9c

Avnet, Inc. Reports First Quarter Fiscal Year 2016 Results

October 29, 2015 6:45 AM EDT

Revenue Growth and Operating Expense Efficiencies Continue Year-over-Year Expansion of Margins and Returns

PHOENIX--(BUSINESS WIRE)-- Avnet, Inc. (NYSE: AVT) today announced results for the first quarter fiscal year 2016 ended October 3, 2015.

           

Q1 Fiscal 2016 Results

  FIRST QUARTERS ENDED October 3, 2015 September 27, 2014 Change $ in millions, except per share data Sales (1) $ 6,969.7 $ 6,839.6 1.9 % Constant Currency (2) 8.4 %   GAAP Operating Income 207.0 193.2 7.1 % Adjusted Operating Income (3)... More