Anixter Int'l (AXE) Tops Q3 EPS by 4c

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Anixter International Inc. Reports Record Quarterly Sales and Strong Earnings Growth

October 23, 2018 6:30 AM EDT

Diluted EPS of $1.40 and adjusted diluted EPS of $1.61, up 23.8% Record quarterly sales of $2.2 billion, up 8.1%, including record third quarter sales in all segments Organic sales growth of 7.4%, driven by organic growth in all segments and geographies YTD cash flow from operations of $102.8 million

GLENVIEW, Ill.--(BUSINESS WIRE)-- Anixter International Inc. (NYSE: AXE) today reported results for the 2018 third quarter ended September28, 2018. Sales increased 8.1% to $2.2 billion versus $2.0 billion in the third quarter of 2017. Operating... More