---
schema_version: "secwatch.filing_event.v1"
accession: "0000008858-24-000039"
form_type: "8-K"
ticker: "AVT"
cik: "0000008858"
company_name: "AVNET INC"
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:46:45.914223+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Avnet Q1 FY2025 revenue down 11.6% to $5.6B; EPS $0.66 vs $2.25; Asia grows 6.2%

## Summary
- 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).

## SEC filing metadata
- accession: 0000008858-24-000039
- form_type: 8-K
- ticker: AVT
- cik: 0000008858
- company_name: AVNET INC
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/8858/000000885824000039/0000008858-24-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8858/000000885824000039/avt-20241030x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000008858-24-000039
- JSON: https://secwatch.observer/filing/0000008858-24-000039.json
- Plain text: https://secwatch.observer/filing/0000008858-24-000039.txt

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