Flash FinanceUS
Market closed · weekend S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Avnet (AVT)

Avnet Q2 sales fall 8.7% to $5.7 billion; diluted EPS $0.99 vs. $1.28 a year earlier

Negative Impact 3 of 5 earnings Written later

Avnet reported fiscal second-quarter 2025 results ended December 28, 2024, with sales down 8.7% from a year earlier and diluted EPS down 22.7% to $0.99. Adjusted diluted EPS was $0.87, compared with $1.40 a year earlier. Its third-quarter outlook of $5.05 billion to $5.35 billion in sales and $0.65 to $0.75 in adjusted diluted EPS sits below the quarter just reported, which matters to shareholders because it signals lower near-term earnings.

Key points

  • Q2 sales were $5.7 billion versus $6.2 billion a year earlier; Asia sales rose 8.4% while EMEA fell 25.1%
  • Diluted EPS was $0.99 versus $1.28; adjusted diluted EPS was $0.87 versus $1.40
  • Third-quarter fiscal 2025 guidance: sales $5.05 billion to $5.35 billion and adjusted diluted EPS $0.65 to $0.75, with GAAP EPS guidance of $0.56 to $0.71
  • Inventory fell $362 million, and the company returned $51 million through share repurchases and $29 million in dividends in the quarter

The filing

CompanyAvnet (AVT)
Form8-K, current report
Filed with the SECJan 29, 2025, 8:03 AM ET
Accession number0000008858-25-000006

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:59 AM ET, from the text of the filing and its press-release exhibits 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 January 29, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.