Avnet Q3 sales fall 6% to $5.3 billion; adjusted EPS $0.84 vs. $1.10 a year earlier
Avnet reported fiscal third-quarter 2025 results for the quarter ended March 29, 2025. Sales fell 6.0% from a year earlier to $5.3 billion, and adjusted diluted EPS dropped 23.6% to $0.84, while GAAP diluted EPS rose 4.1% to $1.01. The company guided fourth-quarter adjusted diluted EPS to $0.65 to $0.75 on sales of $5.15 billion to $5.45 billion.
Key points
- Sales of $5.3 billion, down 6.0% from $5.7 billion a year earlier; Asia sales rose 13.0%, while EMEA sales fell 24.1%
- GAAP diluted EPS of $1.01 vs. $0.97 a year earlier; adjusted diluted EPS of $0.84 vs. $1.10
- Fourth-quarter fiscal 2025 guidance: sales of $5.15 billion to $5.45 billion and adjusted diluted EPS of $0.65 to $0.75
- Returned $101 million to shareholders through share repurchases and over $28 million in dividends in the quarter
The filing
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 April 30, 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.