Avnet(AVT) - 2024 Q4 - Annual Results

Exhibit 99.1 Avnet Reports Fourth Quarter and Fiscal 2024 Financial Results Fourth quarter sales of $5.6 billion and diluted EPS of $0.91 Adjusted diluted EPS of $1.22 Electronic Components operating margin of 4.1% PHOENIX – August 8, 2024 – Avnet, Inc. (Nasdaq: AVT) today announced results for its fourth quarter and fiscal year 2024 ended June 29, 2024. "We are pleased with our fiscal 2024 performance as we executed well, despite some challenging market conditions," said Avnet Chief Executive Officer Phil ...