Earnings GuidanceAvnet's revenue and non-GAAP EPS guidance fell below consensus estimates, which could result in reduced investor confidence and a subsequent drop in the stock's market price.
Financial PerformanceRevenue in the core Electronic Components business decreased, indicating a potential downward trend in sales that could negatively impact stock value.
ProfitabilityOperating margin was down, suggesting a decline in profitability which could lead to investor concern and put downward pressure on the stock price.