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Avnet AVT Premier Farnell — Restructuring Charges
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Where this comes from
Reported directly by Avnet in its filing.
Tagged under the XBRL concept us-gaap:RestructuringCharges.
The source filing: Avnet’s 10-Q, filed April 30, 2026.
- Filed
- Apr 30, 2026, 6:12 PM EDT
- Fiscal quarter
- Q3 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000008858-26-000042
Severance expense recorded in the first nine months of fiscal 2026 related to the reduction, or planned reduction, of over 200 employees, primarily in business operations and support functions. Of the $18.9 million in restructuring expenses recorded in the first nine months of fiscal 2026, $15.1 million related to EC, and $3.8 million related to Farnell. The Company expects the majority of the remaining amounts to be paid by the end of fiscal 2026.
Item 1. Financial Statements (Unaudited)
FAQ
- What is Avnet's premier farnell — restructuring charges?
- Avnet (AVT) reported premier farnell — restructuring charges of $100K in Q1 2026.
- How has Avnet's premier farnell — restructuring charges changed year-over-year?
- Avnet's premier farnell — restructuring charges decreased by 97.2% year-over-year, from $3.6M to $100K.
- What does premier farnell — restructuring charges mean?
- This captures the one-time costs associated with reorganizing the Premier Farnell segment, such as severance, facility closures, or system integrations. These charges are typically incurred to improve long-term operational efficiency and cost structure. Investors monitor these to distinguish between core operational performance and temporary transformation costs.
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