secwatch.observer — SEC 8-K summary
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Issuer:     AVNET INC (AVT)
CIK:        0000008858
Form:       8-K
Filed at:   2021-08-11T23:59:59+00:00
Accession:  0000008858-21-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avnet reports record Q4 sales $5.2B, EPS $0.85 GAAP, $1.12 adjusted; up 75% YoY
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- Q4 sales $5,226.7M, up 25.7% YoY; record for Electronic Components and Farnell segments.
- GAAP diluted EPS $0.85 vs $0.53 YoY; adjusted diluted EPS $1.12 vs $0.64, up 75%.
- Electronic Components operating margin 3.1% (up 157bps YoY); Farnell margin 8.3% (up 469bps YoY).
- Asia sales grew 37.7% YoY to $2,295M; EMEA up 29.3%; Americas up 3.9%.
- Adjusted operating margin 2.9% (up 187bps YoY); near-term targets 3% for EC, 10% for Farnell.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/8858/000000885821000032/0000008858-21-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8858/000000885821000032/avt-20210811x8k.htm
  HTML page:      https://secwatch.observer/filing/0000008858-21-000032

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