---
schema_version: "secwatch.filing_event.v1"
accession: "0001859644-23-000011"
form_type: "8-K"
ticker: "ARW"
cik: "0000007536"
company_name: "ARROW ELECTRONICS, INC."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T10:04:07.566158+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Arrow Q2 sales down 10% YoY to $8.51B; guides Q3 EPS $3.25-$3.45

## Summary
- GAAP EPS $4.12, non-GAAP $4.37 vs $5.78 YoY; net income $237M (-36% YoY).
- Global components sales $6.68B (-10%); ECS sales $1.83B (-8%).
- Q3 guidance: sales $7.78-$8.38B, GAAP EPS $3.25-$3.45, non-GAAP $3.40-$3.60.
- Repurchased $200M in shares during Q2; remaining authorization $824M.
- Customer inventory levels elevated; Americas components impacted by shortage normalization.

## SEC filing metadata
- accession: 0001859644-23-000011
- form_type: 8-K
- ticker: ARW
- cik: 0000007536
- company_name: ARROW ELECTRONICS, INC.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/7536/000185964423000011/0001859644-23-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/7536/000185964423000011/arw-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001859644-23-000011
- JSON: https://secwatch.observer/filing/0001859644-23-000011.json
- Plain text: https://secwatch.observer/filing/0001859644-23-000011.txt

## Key facts
- Earnings Releases
  ARROW ELECTRONICS, INC. reported second-quarter 2023 results: revenue $8.51 billion, net income $237 million, EPS $4.12 per share on a diluted basis.
  - Period: second-quarter 2023
  - Revenue: $8.51 billion
  - Net income: $237 million
  - EPS: $4.12 per share on a diluted basis
  - Result: reported results
  source text: Arrow Electronics, Inc. (NYSE:ARW) today reported second-quarter 2023 sales of $8.51 billion, a decrease of 10 percent year over year. Second-quarter net income was $237 million, or $4.12 per share on a diluted basis
  evidence_url: https://www.sec.gov/Archives/edgar/data/7536/000185964423000011/0001859644-23-000011-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.