Avnet Inc. has reported its financial results for the fiscal year ending June 28, 2025. The company's operating income stood at $514.3 million, a decrease from the $844.4 million reported in the previous year, 2024, and significantly lower than the $1.2 billion recorded in 2023. The company highlighted the impact of foreign currency translation on its results. When the U.S. Dollar strengthens, it results in a decrease in the U.S. Dollar of reported results for Avnet's subsidiaries operating in foreign currencies, while a weaker U.S. Dollar leads to an increase. In terms of industry outlook, Avnet faces challenges due to global trade disruptions and geopolitical tensions. These include potential changes in trade policies, negotiation or termination of trade agreements, and higher tariffs on imports into the U.S. The company is monitoring these developments closely as they could impact its operations.