Arrow Electronics Inc. (NYSE: ARW), Centennial, CO, reported sales for the third quarter of $5.7 billion, an increase of 2 percent compared to the same period a year ago. Profit decreased 25.7 percent to $109.2 million.
Global components third-quarter sales of $3.7 billion decreased 1 percent year-over-year, while global ECS third-quarter sales of $2 billion increased 7 percent.
For the first nine months, sales were $16.5 billion, an increase of 1 percent compared to the same period a year ago. Profit decreased 11.1 percent to $339.2 million.
