Anixter Int'l (AXE) Tops Q4 EPS by 12c

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Anixter International Inc. Reports Fourth Quarter 2017 Results

January 30, 2018 6:30 AM EST

Diluted EPS of $0.01, including $35.6 million impact of tax legislation

Adjusted diluted EPS of $1.41, up 8%

Fourth Quarter Highlights

Record fourth quarter sales of $2.0 billion, up 6.3%, reflecting growth in all segments and geographies Strong organic growth of 4.2%, including 13% in Emerging Markets and 7% in EMEA

GLENVIEW, Ill.--(BUSINESS WIRE)-- Anixter International Inc. (NYSE: AXE) today reported sales of $2.0 billion for the quarter ended December 29, 2017, a 6.3% increase versus the prior year quarter. Organic sales increased 4.2%, excluding the impact of the... More