secwatch.observer — SEC 8-K summary
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Issuer:     AVNET INC (AVT)
CIK:        0000008858
Form:       8-K
Filed at:   2022-08-10T23:59:59+00:00
Accession:  0000008858-22-000027
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avnet Q4 sales $6.4B (+22% YoY), GAAP EPS $2.51, adjusted EPS $2.07; record fiscal year EPS $6.94
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- Q4 sales $6.4B, up 21.9% YoY (28.2% constant currency); GAAP diluted EPS $2.51 vs $0.85.
- Non-GAAP adjusted diluted EPS $2.07 vs $1.12; adjusted operating margin 4.5% (up 161 bps).
- Farnell segment record revenues $1.8B for fiscal year; Q4 operating margin 14.2% (up 597 bps).
- Returned $25M in dividends (+18% per share YoY) and $102M in share repurchases (2.4% shares) in Q4.
- Fiscal 2022 sales $24.3B (+24.5%), GAAP EPS $6.94 (record), non-GAAP EPS $6.93.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/8858/000000885822000027/0000008858-22-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8858/000000885822000027/avt-20220810x8k.htm
  HTML page:      https://secwatch.observer/filing/0000008858-22-000027

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