---
schema_version: "secwatch.filing_event.v1"
accession: "0000008858-23-000018"
form_type: "8-K"
ticker: "AVT"
cik: "0000008858"
company_name: "AVNET INC"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T02:10:46.138772+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Avnet Q3 FY23: Sales $6.5B, diluted EPS $2.03 beat guidance; EC margin hits 5%

## Summary
- Sales $6.51B (+0.4% YoY; constant currency +3.4%); diluted EPS $2.03 vs $1.84 (+10.3%).
- Adjusted EPS $2.00, down 7% YoY from $2.15; higher interest & FX impacted by $0.46.
- Electronic Components operating margin 5.0% (record, +64 bps YoY); Farnell margin 9.0% (flat sequentially, down from 14.9% YoY).
- Regional sales: Americas +5.4%, EMEA +9.5%, Asia -10.1% YoY.
- Generated $18.3M operating cash flow; returned $26.5M in dividends.

## SEC filing metadata
- accession: 0000008858-23-000018
- form_type: 8-K
- ticker: AVT
- cik: 0000008858
- company_name: AVNET INC
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8858/000000885823000018/0000008858-23-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8858/000000885823000018/avt-20230503x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000008858-23-000018
- JSON: https://secwatch.observer/filing/0000008858-23-000018.json
- Plain text: https://secwatch.observer/filing/0000008858-23-000018.txt

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