secwatch.observer — SEC 8-K summary
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Issuer:     AVNET INC (AVT)
CIK:        0000008858
Form:       8-K
Filed at:   2022-04-27T23:59:59+00:00
Accession:  0000008858-22-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avnet Q3 FY2022 sales $6.5B (+32% YoY); adj. EPS $2.15 vs $0.74 YoY
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- Sales $6,488M, up 32% YoY and 11% sequentially; constant-currency growth 35.7% YoY.
- GAAP diluted EPS $1.84 vs $1.07 YoY; adjusted diluted EPS $2.15 vs $0.74 YoY (+190.5%).
- Electronic Components op. margin 4.4% (up 178 bps YoY); Farnell op. margin 14.9% (record, +886 bps YoY).
- Americas sales +40.2% YoY to $1.63B; EMEA +37.9% to $2.19B; Asia +23.3% to $2.68B.
- Dividend payout increased 23.8% YoY; $25.6M returned to shareholders in dividends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/8858/000000885822000017/0000008858-22-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8858/000000885822000017/avt-20220427x8k.htm
  HTML page:      https://secwatch.observer/filing/0000008858-22-000017

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