Ingram Micro Targets Mid-Term Growth Through Platform Shift

Chief Executive Paul Bay stated the company is uniquely positioned to help vendor partners and customers operate with greater efficiency. To support this vision, the firm projects net sales will climb at a compounded annual rate of 4% to 6% between 2026 and 2029, with gross profit growth expected to track between 5% and 7% during the same window.

Looking toward immediate performance, the company anticipates third-quarter earnings will reach the high end of its previous guidance. In July, Ingram projected adjusted earnings between 72 and 82 cents per share on revenue ranging from $13.55 billion to $13.95 billion. Market analysts tracked by FactSet currently model adjusted earnings of 78 cents per share on sales of $13.79 billion.