secwatch.observer — SEC 8-K summary
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Issuer:     ARROW ELECTRONICS, INC. (ARW)
CIK:        0000007536
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0001859644-21-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arrow Electronics reports record Q3: EPS $4.00, revenue $8.51B; beats guidance
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- GAAP EPS $4.00 (up 88% YoY); non-GAAP EPS $4.04 (up 94% YoY), above guidance of $3.42-$3.58.
- Sales $8.51B, +18% YoY, above midpoint of prior guidance ($8.175B-$8.775B).
- Global components sales $6.62B (+25% YoY); enterprise computing solutions $1.89B (-2% YoY).
- Record gross profit, operating income, and net income; gross margin 12.6% (+170bps YoY).
- Repurchased $250M in shares (2.1M shares) for second straight quarter; remaining authorization ~$413M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/7536/000185964421000017/0001859644-21-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/7536/000185964421000017/arw-20211104.htm
  HTML page:      https://secwatch.observer/filing/0001859644-21-000017

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