Avnet, Inc. (NASDAQ: AVT ) full-year FY2025 results landed about where I expected: stable, cash-generative, but still managing weak margins. Revenue for FY2025 dipped a bit, Q4 sales were a touch higher year over year, and earnings beat guidance. Taken together, that looks fine on paper, but gross margin slippedI’m Emmanuel Onwusah—a financial analyst, writer, and recovering engineer. I hold FMVA® and BIDA® certifications from the Corporate Finance Institute, and I spend most of my time creating pitch decks ...