Anixter Int'l (AXE) Tops Q1 EPS by 13c
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Anixter International Inc. Reports First Quarter 2016 Results
April 26, 2016 6:30 AM EDTAdjusted diluted EPS of $0.92 from continuing operations versus $0.90 in the prior year quarter
First Quarter Highlights
Record first quarter sales of $1.8 billion, up 31%, driven by the Power Solutions acquisition Record first quarter NSS sales of $949 million, up 4% on an organic basis Generated $65 million in cash from operations, further improving liquidityGLENVIEW, Ill.--(BUSINESS WIRE)-- Anixter International Inc. (NYSE: AXE) today reported quarterly sales of $1.82 billion for the quarter ended April... More
