Anixter Int'l (AXE) Tops Q2 EPS by 4c
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Anixter International Inc. Reports Second Quarter 2018 Results
July 26, 2018 6:30 AM EDTDiluted EPS of $1.02 and adjusted diluted EPS of $1.53, up 12.5% Record quarterly sales of $2.1 billion, up 6.8%, with growth in all segments and geographies
GLENVIEW, Ill.--(BUSINESS WIRE)-- Anixter International Inc. (NYSE: AXE) today reported sales of $2.1 billion for the quarter ended June 29, 2018, a 6.8% increase versus the prior year quarter and the highest quarterly sales in the company's history. Excluding the impact of the following items, organic sales increased 4.9% versus the prior year quarter:
$11.9 million favorable impact from the higher average price of copper... More