earnings
confidence high
sentiment negative
materiality 0.75
Avnet Q1 FY2025 revenue down 11.6% to $5.6B; EPS $0.66 vs $2.25; Asia grows 6.2%
AVNET INC
2025-Q1 EPS reported
$0.66
revenue$5,604,152,000
- Sales $5,604M, down 11.6% YoY; diluted EPS $0.66 (down 70.7% YoY) — both above guidance range.
- Adjusted diluted EPS $0.92 (down 42.9%); adjusted operating margin 3.0% vs 4.1% prior year.
- Electronic Components operating margin 3.8% (down 86bps); Farnell margin collapsed to 0.5% from 4.2% YoY.
- Asia sales up 6.2% YoY; Americas -15.5%, EMEA -27.7%; management cites market recovery in Asia.
- Generated $106M ops cash flow; returned ~$129M to shareholders ($100M buybacks, $29M dividends).