Anixter Int'l (AXE) Tops Q2 EPS by 14c, Provides Outlook

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Anixter International Inc. Reports Second Quarter 2015 Results

July 28, 2015 7:30 AM EDT

Diluted EPS of $0.88 and adjusted diluted EPS of $1.15 from continuing operations

Highlights

Second quarter sales of $1.5 billion, up 10%, reflecting 3.4% organic growth Record ECS security sales of $393 million, up 74%, reflecting 8% organic growth Announced the acquisition of the Power Solutions business of HD Supply for $825 million Completed the sale of OEM Supply - Fasteners segment for $380 million.

GLENVIEW, Ill.--(BUSINESS WIRE)-- Anixter International Inc. (NYSE:... More