Industrial Sector WeaknessPlexus expects Industrial sales to decline high single digits to low double digits due to weakness across broader industrial markets, particularly communications, test and measurement, electrification, and automation.
Regional Sales DeclineRegional sales declined significantly year-over-year in the Americas and EMEA, with a sequential decline across all regions.
Sales DeclineSales in the quarter declined 0.7% quarter over quarter and 7.1% year over year, driven largely by downwardly revised forecasts from a key commercial aerospace customer with Plexus’ A&D segment.