Overview
- Avnet reported FY 2025 revenue of $22.2 billion and adjusted diluted EPS of $3.44, with Q4 sales of $5.6 billion, a 2.5% adjusted operating margin, and $139 million in operating cash flow.
- Avnet said Asia led Q4 with 18% year-over-year growth, book-to-bill improved across regions, Farnell posted a 4.3% operating margin, and component lead times remained stable.
- Avnet announced leadership moves, naming Dave Youngblood chief digital officer and promoting Gilles Beltran to president of EMEA with outgoing co-leaders staying for a transition period.
- A. O. Smith delivered record 2025 EPS of $3.85, slight sales growth, a 20-basis-point North America margin improvement, and a 40-basis-point rest-of-world margin expansion despite lower China sales.
- Primis reported Q4 2025 earnings of $29.5 million ($1.20 per share) equating to roughly a 3% ROA, noted a sale-leaseback gain with minimal margin impact from restructuring, and guided to 2025 run-rate earnings of about $8 million (~80 bps ROA) alongside checking account growth over 23% and C&I expansion.