secwatch.observer — SEC 8-K summary
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Issuer:     AVNET INC (AVT)
CIK:        0000008858
Form:       8-K
Filed at:   2025-10-29T23:59:59+00:00
Accession:  0000008858-25-000062
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avnet Q1 FY2026 sales $5.9B, adj EPS $0.84; Americas returns to YoY growth
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- Sales $5.90B (+5.3% YoY); diluted GAAP EPS $0.61, adjusted EPS $0.84; both exceeded expectations.
- Americas segment returned to YoY growth (+3.0% to $1.37B) for first time in five quarters.
- Farnell sales $398.9M (+14.9% YoY); Asia sales $2.86B (+9.9% YoY); fifth consecutive quarter of Asia growth.
- Returned $138M via share repurchases (3.2% of shares) and increased quarterly dividend by 6%.
- Adjusted operating margin 2.6% (down 46 bps YoY); GAAP operating margin 2.4%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/8858/000000885825000062/0000008858-25-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8858/000000885825000062/avt-20251029x8k.htm
  HTML page:      https://secwatch.observer/filing/0000008858-25-000062

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