Anixter Int'l (AXE) Misses Q1 EPS by 14c, Offers Outlook

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Go back to Anixter Int'l (AXE) Misses Q1 EPS by 14c, Offers Outlook

Anixter International Inc. Reports First Quarter 2018 Results

April 26, 2018 6:30 AM EDT

Diluted EPS of $0.94 and adjusted diluted EPS of $1.16 Record first quarter sales of $2.0 billion, up 3.6%, with growth in all segments and all geographies Announced agreements to acquire security businesses in Asia Pacific

GLENVIEW, Ill.--(BUSINESS WIRE)-- Anixter International Inc. (NYSE: AXE) today reported sales of $2.0 billion for the quarter ended March 30, 2018, a 3.6% increase versus the prior year quarter. Organic sales increased 1.6%, excluding the impact of the following items:

$10.3 million favorable impact from the higher average price of... More