U.S. Manufacturing Shrinks for Fifth Straight Month as Tariffs, Weak Demand Weigh on Industry
Lead times for capital expenditure fell to 173 days in July, while the average lead time for MRO supplies decreased to 44 days.
Lead times for capital expenditure fell to 173 days in July, while the average lead time for MRO supplies decreased to 44 days.
For the full year, Avnet posted revenue of $22.2 billion, down from $23.8 billion last year.
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Revenue at ADI Global Distribution jumped 33% to $1.28 billion, driven by continued demand from commercial customers and contributions from the Snap One acquisition.
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