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Update on Avnet's Quarterly Guidance

Mar 06, 2020 - Business Wire

Due to the disruptions from the outbreak of the coronavirus, COVID-19, Avnet, Inc. (Nasdaq: AVT ) today announced that the Company does not expect to meet its fiscal third quarter 2020 guidance provided on January 23, 2020.

Avnet is continuing to assess the extent of the virus's impact on its Asia business, while also diligently monitoring how COVID-19 is affecting Avnet's operations in other geographies.

Importantly, Avnet is ensuring that its employees around the world are safe, ar...