EX-99.1 2 avt-20251029xex99d1.htm EX-99.1 Exhibit 99.1 Avnet Reports First Quarter 2026 Financial Results First quarter sales of $5.9 billion and diluted EPS of $0.61 Adjusted diluted EPS of $0.84 Return to year-over-year sales growth in the Americas PHOENIX - October 29, 2025 - Avnet, Inc. (Nasdaq: AVT) today announced results for its first quarter ended September 27, 2025. “In the first quarter, our sales and earnings exceeded our expectations, led by double-digit year-over-year sales growth in Farnell and Asia,” said Avnet Chief Executive Officer Phil Gallagher. “While uncertainty continues to impact the market, we remain optimistic about the increasingly positive signs of recovery. Our durable business model, coupled with our strong, diverse supplier line card and customer base, position Avnet to create long-term value for all our stakeholders.” Fiscal First Quarter Key Financial Highlights: Sales of $5.9 billion o Fifth consecutive quarter of year-over-year sales growth in Asia ──────────────────────────────────────────────────────────────────────────── o Second consecutive quarter of year-over-year growth at Farnell ──────────────────────────…
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
Avnet, Inc.
AVTNASDAQEQUITYCurrent
Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On October 29, 2025, Avnet, Inc. issued a press release announcing its first quarter results of operations for fiscal 2026. A copy of the press release is attached hereto as Exhibit 99.1.…
Company context
As a leading global technology distributor and solutions provider, Avnet has served customers’ evolving needs for more than a century. Through regional and specialized businesses around the world, we support customers and suppliers at every stage of the product lifecycle. We help companies adapt to change and accelerate the design and supply stages of product development. With a unique viewpoint from the center of the technology supply chain, Avnet is a trusted partner that solves complex design and supply chain issues so customers can realize revenue faster. Learn more about Avnet at www.avnet.com. (AVT_IR)