Avnet, Inc. operates in the Electronic parts and equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Avnet with three other
computer and electronic stores in North America:
Wesco International, Inc.
(2020
sales of $12.33 billion
of which 44%
was Electrical & Electronic Solutions),
WW Grainger Inc
($11.80 billion
of which 73%
was United States), and
Te Connectivity Ltd
($12.17 billion
of which 56%
was Transportation Solutions).
Sales Analysis.
During the first
calendar
quarter of 2021, sales at Avnet totalled
$4.92 billion.
This is
an increase of 14.1%
from the $4.31 billion in sales at the company during the first quarter of 2020.
This was the biggest same quarter rise in sales at Avnet in the previous 28 quarters.
Avnet reported sales of $17.63 billion
for the
fiscal
year ending
June of 2020.
This
represents
a
decrease of 9.7%
versus 2019, when the company's sales were $19.52 billion.
Contributing to the drop in overall sales was the 11.3% decline
in Farnell, from $1.46 billion to $1.29 billion.
There were also decreases in sales in
Electronic Components (down 9.5% to $16.34 billion)
.