earnings
confidence high
sentiment negative
materiality 0.75
Avnet Q2 FY2025 sales fall 8.7% to $5.7B; GAAP EPS $0.99 vs $1.28 YoY
AVNET INC
2025-Q2 EPS
reported $1.65
vs consensus $0.76
▲ beat
(+118.4%)
- Sales $5.66B (-8.7% YoY); GAAP diluted EPS $0.99 (-22.7%); adjusted EPS $0.87 (-37.9%).
- Operating margin compressed: GAAP 2.7% (down 107 bps), adjusted 2.8% (down 108 bps).
- Electronic Components segment sales $5.32B, margin 3.4% vs 4.3% YoY; Farnell margin fell to 1.0% from 4.0%.
- Asia sales grew 8.4% YoY (second consecutive quarterly growth); Americas -13.8%, EMEA -25.1%.
- Generated >$300M operating cash flow; inventory down $362M QoQ; returned $80M to shareholders (buybacks + dividends).