Anixter Int'l (AXE) Tops Q1 EPS by 10c

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Anixter International Inc. Reports First Quarter 2017 Results

April 25, 2017 6:30 AM EDT

Diluted EPS of $0.91 from continuing operations, up 30% versus $0.70 in prior year

Adjusted diluted EPS of $1.09 from continuing operations, up 18% versus $0.92 in prior year

First Quarter Highlights

Record first quarter sales of $1.9 billion, up 4.4% with growth in all segments and geographies Organic sales increased 5.6% on a per day basis, the strongest growth since 4Q 2014 Debt-to-capital ratio further improved, returning to target range of 45 - 50%

GLENVIEW, Ill.--(BUSINESS WIRE)-- Anixter... More