secwatch.observer — SEC 8-K summary
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Issuer:     ARROW ELECTRONICS, INC. (ARW)
CIK:        0000007536
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001733391-23-000002
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arrow Q1 EPS falls 13% YoY to $4.60; revenue down 4% to $8.74B
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- Q1 GAAP EPS $4.60 (down 13% YoY); non-GAAP EPS $4.60 (down 15% YoY).
- Revenue $8.74B, down 4% YoY; above guidance midpoint of $8.63B.
- Global components sales $6.86B (-5% YoY); Asia-Pacific -19%, Europe +17%.
- Repurchased $300M in shares; remaining authorization ~$1B.
- Q2 guidance: sales $8.42B-$9.02B, non-GAAP EPS $4.25-$4.45 (below Q1).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/7536/000173339123000002/0001733391-23-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/7536/000173339123000002/arw-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001733391-23-000002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer