Avnet, Inc. Reports Fourth Quarter Fiscal Year 2013 Results

Teleconference Webcast and Upcoming Events

Avnet will host a Webcast of its quarterly teleconference today at 2:00 p.m. Eastern Time. The live Webcast event, as well as other financial information including financial statement reconciliations of GAAP and non-GAAP financial measures, will be available through www.ir.avnet.com. Please log onto the site 15 minutes prior to the start of the event to register or download any necessary software. An archive copy of the presentation will also be available after the Webcast.

For a listing of Avnet’s upcoming events and other information, please visit Avnet’s investor relations website at www.ir.avnet.com.

About Avnet

Avnet, Inc. (NYSE: AVT), a Fortune 500 company, is one of the largest distributors of electronic components, computer products and embedded technology serving customers globally. Avnet accelerates its partners' success by connecting the world's leading technology suppliers with a broad base of customers by providing cost-effective, value-added services and solutions. For the fiscal year ended June 29, 2013, Avnet generated revenue of $25.5 billion. For more information, visit www.avnet.com. (AVT_IR)

AVNET, INC.
FINANCIAL HIGHLIGHTS
(MILLIONS EXCEPT PER SHARE DATA)
       
FOURTH QUARTERS ENDED
JUNE 29         JUNE 30,

2013*

2012*

 
Sales $ 6,590.7 $ 6,307.4
 
Income before income taxes 127.1 186.0
 
Net income 126.1 133.4
 
Net income per share:
Basic $ 0.92 $ 0.92
Diluted $ 0.91 $ 0.91
 
FISCAL YEARS ENDED
JUNE 29 JUNE 30,

2013*

2012*

 
Sales $ 25,458.9 $ 25,707.5
 
Income before income taxes 549.3 790.8
 
Net income 450.1 567.0
 
Net income per share:
Basic $ 3.26 $ 3.85
Diluted $ 3.21 $ 3.79

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