---
schema_version: "secwatch.filing_event.v1"
accession: "0000008858-22-000037"
form_type: "8-K"
ticker: "AVT"
cik: "0000008858"
company_name: "AVNET INC"
filed_at: "2022-10-26T23:59:59+00:00"
generated_at: "2026-06-23T01:04:54.621573+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Avnet Q1 FY2023 sales up 21% to $6.8B; adj. EPS $2.00 vs $1.22 YoY

## Summary
- GAAP diluted EPS $1.93, up 75.5% YoY from $1.10; adjusted EPS $2.00, up 63.9%.
- Operating income $291M (4.3% margin), up 72.7% YoY; adjusted margin 4.4%.
- Electronic Components sales $6.32B (+23.3% YoY); Farnell sales $426M (-6.4% YoY).
- Returned $148M in share repurchases (3.6% of shares) and $27M in dividends in Q1.
- Americas sales +33.4%, EMEA +21.9%, Asia +14.1% YoY; constant-currency growth 28.9%.

## SEC filing metadata
- accession: 0000008858-22-000037
- form_type: 8-K
- ticker: AVT
- cik: 0000008858
- company_name: AVNET INC
- filed_at: 2022-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8858/000000885822000037/0000008858-22-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8858/000000885822000037/avt-20221026x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000008858-22-000037
- JSON: https://secwatch.observer/filing/0000008858-22-000037.json
- Plain text: https://secwatch.observer/filing/0000008858-22-000037.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.