secwatch.observer — SEC 8-K summary
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Issuer:     AVNET INC (AVT)
CIK:        0000008858
Form:       8-K
Filed at:   2026-04-29T23:59:59+00:00
Accession:  0000008858-26-000040
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avnet Q3 sales $7.1B (+34% YoY); adjusted EPS $1.48 beats, up 76% YoY
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- Sales of $7,119.8M, up 34% YoY and 13% sequentially; record EC sales and double-digit growth in all regions.
- GAAP EPS $1.14 (+13% YoY); adjusted EPS $1.48 (+76% YoY, +41% sequentially).
- EC sales $6,665.1M (+34.7% YoY); EC operating margin 3.5% expanded 36 bps sequentially.
- Farnell sales $454.7M (+24% YoY) with operating margin 5.2%, up 224 bps YoY.
- Inventory improved to 77 days (near-term target <80 days); returned $29M in dividends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/8858/000000885826000040/0000008858-26-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8858/000000885826000040/avt-20260429x8k.htm
  HTML page:      https://secwatch.observer/filing/0000008858-26-000040

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