AVNET Files 8-K on Financial Results & Operations
Ticker: AVT · Form: 8-K · Filed: Jan 31, 2024 · CIK: 8858
| Field | Detail |
|---|---|
| Company | Avnet INC (AVT) |
| Form Type | 8-K |
| Filed Date | Jan 31, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: earnings, financial-results, 8-K, corporate-filing
TL;DR
**AVT just dropped an 8-K with financial results, time to check their numbers!**
AI Summary
Avnet, Inc. filed an 8-K on January 31, 2024, to report its results of operations and financial condition, along with financial statements and exhibits. This filing, under SEC File Number 001-04224, indicates that the company is providing updated financial information to the public. For investors, this matters because it offers a transparent look into Avnet's recent financial performance, which can influence stock valuation and future investment decisions.
Why It Matters
This filing provides investors with crucial, up-to-date financial information about Avnet, Inc., enabling them to assess the company's health and make informed investment decisions.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results and does not inherently present new risks, but rather provides data to evaluate existing risks.
Analyst Insight
A smart investor would review the detailed financial statements and results of operations that will be attached to this 8-K to understand Avnet's recent performance and its implications for future growth and profitability.
Key Numbers
- 001-04224 — SEC File Number (identifies Avnet's registration with the SEC)
- 11-1890605 — IRS Employer Identification No. (identifies Avnet for tax purposes)
- 480-643-2000 — Business Phone Number (contact information for Avnet)
Key Players & Entities
- AVNET INC (company) — the registrant filing the 8-K
- January 31, 2024 (date) — date of earliest event reported and filing date
- 001-04224 (dollar_amount) — SEC File Number for AVNET INC
- New York (company) — state of incorporation for AVNET INC
- Phoenix, Arizona (company) — principal executive offices location for AVNET INC
FAQ
What is the purpose of this 8-K filing by Avnet, Inc.?
Avnet, Inc. filed this 8-K to report on its Results of Operations and Financial Condition, and to include Financial Statements and Exhibits, as indicated in the 'ITEM INFORMATION' section of the filing.
When was the earliest event reported in this 8-K filing?
The Date of Report (Date of earliest event reported) for this 8-K filing is January 31, 2024.
What is Avnet, Inc.'s state of incorporation and SEC File Number?
Avnet, Inc. is incorporated in New York, and its Commission File Number is 1-4224.
Where are Avnet, Inc.'s principal executive offices located?
Avnet, Inc.'s principal executive offices are located at 2211 South 47th Street, Phoenix, Arizona, 85034.
What is the trading symbol and exchange for Avnet, Inc.'s common stock?
The common stock of Avnet, Inc. has the trading symbol AVT and is registered on the NASDAQ Global Select Market.
Filing Stats: 511 words · 2 min read · ~2 pages · Grade level 10.4 · Accepted 2024-01-31 08:03:08
Key Financial Figures
- $1.00 — h registered: Common stock, par value $1.00 per share AVT NASDAQ Global Select
Filing Documents
- avt-20240131x8k.htm (8-K) — 42KB
- avt-20240131xex99d1.htm (EX-99.1) — 1047KB
- avt-20240131xex99d1001.jpg (GRAPHIC) — 7KB
- 0000008858-24-000005.txt ( ) — 1347KB
- avt-20240131.xsd (EX-101.SCH) — 4KB
- avt-20240131_lab.xml (EX-101.LAB) — 1KB
- avt-20240131_pre.xml (EX-101.PRE) — 10KB
- avt-20240131x8k_htm.xml (XML) — 5KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On January 31, 2024, Avnet, Inc. issued a press release announcing its second quarter results of operations for fiscal 2024. A copy of the press release is attached hereto as Exhibit 99.1. The information in this Current Report on Form 8-K and the exhibit attached hereto are being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933 except as shall be expressly set forth in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. The following materials are attached as exhibits to this Current Report on Form 8-K: Exhibit Number Description 99.1 Press Release, dated January 31, 2024. 104 Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 31, 2024 AVNET, INC. By: /s/ Kenneth A. Jacobson Name: Kenneth A. Jacobson Title: Chief Financial Officer