Arrow Electronics Q2 sales up 32% to $9.99 billion; names Dee Merriwether president and COO
Arrow Electronics reported second-quarter 2026 sales of $9.99 billion, up 32% year over year, and diluted earnings of $5.26 per share versus $3.59 a year earlier; the company said both exceeded the high end of its guidance. It also named Deidra (Dee) Merriwether as president and chief operating officer effective September 8, 2026, while Bill Austen serves as interim CEO. Third-quarter diluted EPS guidance of $4.72 to $4.92 is below the second-quarter result.
Key points
- Q2 2026 consolidated sales of $9.99 billion, up 32% year over year; diluted EPS of $5.26 vs. $3.59 a year earlier
- Non-GAAP diluted EPS of $5.45 vs. $2.43 a year earlier
- Third-quarter 2026 diluted EPS guidance of $4.72 to $4.92; consolidated sales guidance of $9.60 billion to $10.20 billion
- Merriwether, formerly CFO of W.W. Grainger, starts September 8, 2026 with a $900,000 base salary and a $535,000 sign-on bonus
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.