SA
SANM
SANM What SANMINA promised, and what happened
Guidance
What management said, and what became of it
43 of 49 judged targets kept · 25 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Quarterly capital expenditures guidance (Q3 FY26) | $95 million | Mar 2026 | Capital expenditures were $100.9 million for the quarter, in line with our outlook | Achieved |
| Combined-company net leverage ratio target | net leverage ratio well within the 1.0x to 2.0x target range at the time the ZT transaction closes | Jun 2025 | As we have previously communicated, our long-term target net leverage range is 1.0x to 2.0x. We still expect our leverage to increase into our long-term range over time as we invest in working capital to support the growth of our business. | At Risk |
| Combined-company revenue target ('double Sanmina') | double Sanmina's net revenue within the next 3 years (implied ~$16 billion) | Jun 2025 | we are more confident than ever in our ability to achieve revenue of $16 billion plus in 2027 | On Track |
The full ledger
Open SANMINA’s full ledger
A free account opens 5 company ledgers a month. All 74 tracked commitments, with each call’s wording and source.
The rest of the ledger
Pro opens all 74 tracked commitments for SANMINA
Above is what the last two calls moved. Pro adds every quarter's revision, the source quote behind each one, and the topics management has stopped answering.