Arrow Electronics, Inc. (NYSE:ARW) Q4 2020 Results Conference Call February 4, 2021 1:00 PM ET Company Participants Steve O’Brien - VP, IR Mike Long - Chairman, President and CEO Sean Kerins - COO Chris Stansbury - SVP and CFO Conference Call Participants Toshiya Hari - Goldman Sachs & Company Steven Fox - Fox Advisors Nikolay Todorov - Longbow Research Adam Tindle - Raymond James Tim Yang - Citi Matt Sheerin - Stifel Ruplu Bhattacharya - Bank of America Joe Quatrochi - Wells Fargo William Stein - Truist Se ...

Arrow Electronics, Inc. (NYSE:ARW) Q2 2020 Results Conference Call July 30, 2020 1:00 PM ET Company Participants Steven O’Brien - Investor Relations Mike Long - Chairman, President and Chief Executive Officer Chris Stansbury - Senior Vice President and Chief Financial Officer Sean Kerins - President-Global Enterprise Computing Solutions Andy King - President, Global Components Conference Call Participants Shawn Harrison - Loop Capital Adam Tindle - Raymond James Ruplu Bhattacharya - Bank of America Merrill ...

Arrow Electronics, Inc. (NYSE:ARW) Q1 2020 Results Conference Call April 30, 2020 1:00 PM ET Company Participants Steve O’Brien - Investor Relations Mike Long - Chairman, President and Chief Executive Officer Chris Stansbury - Senior Vice President and Chief Financial Officer Sean Kerins - President-Global Enterprise Computing Solutions Andy King - President, Global Components Conference Call Participants Matthew Sheerin - Stifel Shawn Harrison - Loop Capital Steven Fox - Fox Advisors William Stein - SunTru ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $1 par value ARW New York Stock Exchange Non-accelerated filer ☐ Smaller reporting company ☐ FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition ...

Arrow Electronics, Inc. (NYSE:ARW) Q4 2019 Earnings Conference Call February 6, 2020 1:00 PM ET Company Participants Steve O’Brien – Investor Relations Mike Long – Chairman, President and Chief Executive Officer Chris Stansbury – Senior Vice President and Chief Financial Officer Sean Kerins – President-Global Enterprise Computing Solutions Conference Call Participants Shawn Harrison – Longbow Research Adam Tindle – Raymond James Matt Sheerin – Stifel Steven Fox – Cross Research Tim Yang – Citi Joe Quatrochi ...

Financial Data and Key Metrics Changes - Third quarter sales were $7.02 billion, a decrease of 3% year-over-year when adjusted for the wind-down of the PC and mobility asset disposition business [15] - Net income was $155 million, down 17% year-over-year as adjusted, with earnings per share of $1.86, down 12% year-over-year on an adjusted basis [21] - Total company operating expenses decreased 9% year-over-year [20] Business Line Data and Key Metrics Changes - Global components sales were $4.99 billion, representing a 4% year-over-year decrease adjusted for the wind-down and changes in foreign currencies [16] - Enterprise computing solutions sales were $2.03 billion, a decrease of 2% year-over-year as adjusted, with operating income increasing by 12% year-over-year [19] Market Data and Key Metrics Changes - Demand environment for components deteriorated during the third quarter, with a book-to-bill ratio of 0.91, below parity in all regions [9] - In the Americas, sales decreased 15% year-over-year as adjusted, while Europe saw a 2% year-over-year decrease [17] Company Strategy and Development Direction - The company is focused on being the leading enabler of next-generation technology solutions, with a strong emphasis on engineering and supply chain services [12] - The strategy includes adapting to market conditions and optimizing costs while maintaining a focus on long-term growth [14] Management's Comments on Operating Environment and Future Outlook - Management indicated that the markets are "bouncing along the bottom" and does not expect significant changes in demand conditions in the near term [70] - There are signs of improvement in the book-to-bill ratio, suggesting potential stabilization in the market [70] Other Important Information - The effective tax rate for the quarter was 22.3%, below the prior target range, and is expected to remain at the low end of the target range in the fourth quarter [20] - The company repurchased approximately 1.4 million shares or $100 million during the quarter, with a total of $440 million repurchased over the last 12 months [22][23] Q&A Session Summary Question: Will gross margin remain at depressed levels? - Management expects gross margin to remain depressed in the fourth quarter, with potential slight improvements depending on market conditions [27] Question: What is the outlook for ECS? - Management believes ECS has turned a corner, with operating income expected to grow in the fourth quarter due to strength in software and storage [42][43] Question: How is inventory at customers trending, particularly in Asia? - The company noted that customers in China hold less inventory, leading to less cyclical swings in demand [60] Question: What are the priorities for cash use? - The company stated that its priorities are share repurchases and debt reduction [76]

Arrow Electronics, Inc. (NYSE:ARW) Q2 2019 Results Conference Call August 1, 2019 1:00 PM ET Company Participants Steve O’Brien - VP, IR Mike Long - Chairman, President and CEO Chris Stansbury - SVP and CFO Sean Kerins - President, Global Enterprise Computing Solutions Conference Call Participants Adam Tindle - Raymond James Shawn Harrison - Longbow Research Joe Quatrochi - Wells Fargo Mark Delaney - Goldman Sachs Matt Sheerin - Stifel Steven Fox - Cross Research Tim Yang - Citi William Stein - SunTrust Par ...

Arrow Electronics, Inc. (NYSE:ARW) Q1 2019 Earnings Conference Call May 2, 2019 1:00 PM ET Company Participants Steven O’Brien - Vice President of Investor Relations Michael Long - Chairman, President and Chief Executive Officer Chris Stansbury - Senior Vice President and Chief Financial Officer Sean Kerins - President, Global Enterprise Computing Solutions Conference Call Participants Shawn Harrison - Longbow Research William Stein - SunTrust Robinson Humphrey, Inc. Adam Tindle - Raymond James Joe Quatroch ...