TD SYNNEX said Thursday that sales and profit rose sharply in its fiscal fourth quarter and increased for the full fiscal year, as the technology distributor benefited from stronger demand across multiple regions and ended fiscal 2025 with higher cash generation and shareholder returns.
For the quarter ending Nov. 30, TD SYNNEX reported sales of $17.38 billion, up from $15.85 billion a year earlier, an increase of 9.7%. Profits for the quarter rose to $248.4 million, compared with $194.8 million in the prior-year period, an increase of 27.5%.
CEO Patrick Zammit said the quarter produced record results for the company and capped what he described as a strong year of execution, citing the company’s product mix and customer focus as key drivers of performance.
Regional results showed uneven but broad-based growth. In the Americas, quarterly sales totaled $9.51 billion, up 2.9% from a year earlier. Europe posted faster growth, with sales rising to $6.49 billion, an increase of 18.1%, while sales in Asia-Pacific and Japan climbed to $1.38 billion, up 24.7% from the prior year.
For the full fiscal year ending Nov. 30, TD SYNNEX reported sales of $62.51 billion, compared with $58.45 billion in fiscal 2024, an increase of 6.9%. Full-year profit rose to $827.7 million, up from $689.1 million, an increase of 20.1%. Earnings for the year were $9.95 per share, compared with $7.95 per share a year earlier, a gain of 25.2%.
The company said it generated $1.5 billion in cash from operations during the fourth quarter and reported $1.4 billion in free cash flow.
Looking ahead, the company forecasts first-quarter fiscal 2026 sales of $15.1 billion to $15.9 billion and earnings of $2.05 to $2.55 per share, reflecting its expectations for continued demand across its global technology portfolio.
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