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Category: 2022
Avnet 2Q Sales Up 25.6%
Phoenix-based Avnet, Inc. (Nasdaq: AVT) reported 2022 fiscal second-quarter sales of $5.9 billion, a 25.6% increase over the same period in 2021. Sales for fiscal 2Q last year were $4.7 billion. The electronic components distributor’s most recent fiscal quarter ended Jan. 1. In fiscal 2022 2Q, Farnell operating margins increased 276 basis points sequentially to […]
Avnet Fiscal 2Q Sales Up
Phoenix-based Avnet, Inc. (Nasdaq: AVT) reported 2022 fiscal second-quarter sales of $5.9 billion, a 25.6% increase over the same period in 2021. Sales for fiscal 2Q last year were $4.7 billion. The electronic components distributor’s most recent fiscal quarter ended Jan. 1. In fiscal 2022 2Q, Farnell operating margins increased 276 basis points sequentially to […]
Need Good Help! Talent Stress Emerges as Top 2022 Challenge for Distributors
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3 Ways Distributors Can ‘Feel ‘22’ and Build a Better Experience
As we move into 2022, I’m frequently asked how distributors should be thinking about the year ahead. My normal (short) answer is to say, “I don’t know.” With the pandemic, so much has changed in the past two years, and still much has remained the same. But maybe the more accurate answer is, “I don’t […]
Forecasts Mostly Bullish for 4Q and 2022
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Graybar Names New Execs
Graybar, a St. Louis-based electrical, communications and data networking distributor, said that a dozen executives will assume new leadership roles within the company starting next year. According to Graybar, the following changes will take effect Jan. 1, 2022: Bill Mansfield will take on a new role as senior vice president of strategy and business development. […]