Tech Data (TECD) Tops Q4 EPS by 52c, Sales Miss; Issues Mixed Outlook

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Tech Data Corporation Reports Fourth Quarter and Fiscal Year 2019 Results

March 7, 2019 6:00 AM EST

CLEARWATER, Fla.--(BUSINESS WIRE)-- Tech Data (Nasdaq: TECD) (the Company) today announced its financial results for the fourth quarter ended January 31, 2019.

Fourth quarter ended January 31, Twelve months ended January 31, ($ in millions,

except per share amounts)

2019 2018

Y/Y
Change

2019 2018

Y/Y
Change

Net Sales $10,464.5 $10,033.4 4% $37,239.0 $33,597.8 11% Operating income (GAAP) $166.1 $151.9 9% $493.8 $410.1 20% Operating margin (GAAP) 1.59% 1.51% 8 bps 1.33% 1.22% 11 bps... More