Every material Form 8-K Jabil filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Jabil reported preliminary, unaudited results for the first fiscal quarter ended November 30, 2024, with net revenue of $7.0 billion versus $8.4 billion a year earlier and GAAP diluted EPS of $0.88 versus $1.47. The company raised its fiscal 2025 outlook, now expecting core diluted EPS of $8.75 and net revenue of $27.3 billion, while guiding second-quarter net revenue to $6.1 billion to $6.7 billion.
Q1 net revenue $7.0 billion vs. $8.4 billion a year earlier; operating income $197 million vs. $303 million
Core diluted EPS $2.00 vs. $2.60 a year earlier; GAAP diluted EPS $0.88 vs. $1.47
Jabil reported fourth-quarter fiscal 2024 net revenue of $7.0 billion, down from $8.5 billion a year earlier, and core diluted EPS of $2.30, down from $2.45. Fiscal 2025 guidance calls for net revenue of $27.0 billion, below fiscal 2024's $28.9 billion, and the board approved a restructuring plan with $150 million to $200 million in pre-tax costs, which may weigh on shareholders in the near term.
Q4 fiscal 2024 net revenue was $6.96 billion versus $8.46 billion a year earlier; GAAP diluted EPS was $1.18 versus $1.15, helped by a $942 million divestiture gain for the fiscal year.
Fiscal 2025 outlook: net revenue of $27.0 billion, core operating margin of 5.4%, and core diluted EPS of $8.65.
The 2025 Restructuring Plan, approved September 24, 2024, is expected to cost $150 million to $200 million pre-tax, with net cash outlays of $100 million to $130 million.
The board authorized a share repurchase program of up to $1 billion.
Jabil increased its Board from nine to ten directors and appointed CEO Michael Dastoor to fill the new seat, effective immediately. Dastoor was named CEO in May 2024 after serving as CFO from April 2018 through April 2024, so the appointment places the company's chief executive on its board.
Board appointment dated September 3, 2024; Board size increased from nine to ten directors
Michael Dastoor, age 58, named Chief Executive Officer in May 2024
Dastoor previously served as Chief Financial Officer from April 2018 through April 2024 and joined Jabil in 2000
Filing states Dastoor has no material interest in related-party transactions under Item 404(a) of Regulation S-K
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Jabil filing is on SEC EDGAR ↗. 8-K briefs of other companies →