Avnet(AVT) - 2024 Q3 - Quarterly Results

Exhibit 99.1 Avnet Reports Third Quarter 2024 Financial Results Third quarter sales of $5.7 billion and diluted EPS of $0.97 Adjusted diluted EPS of $1.10 Electronic Components operating margin of 4.1% PHOENIX – May 1, 2024 – Avnet, Inc. (Nasdaq: AVT) today announced results for its third quarter ended March 30, 2024. "In the third quarter, we delivered results that were in line with our expectations, amidst economic softness and lower demand in the markets we serve. I am proud of our team's effort to deliv ...