Anixter Int'l (AXE) Tops Q1 EPS by 16c
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Anixter International Inc. Reports First Quarter 2019 Diluted EPS of $1.14 and Adjusted Diluted EPS of $1.33, up 15%
April 23, 2019 6:30 AM EDTFirst Quarter Highlights
Record first quarter sales of $2.1 billion, up 7.3%, organic sales growth of 7.7% Organic sales growth in all segments Gross margin up 30 basis points Operating margin up 40 basis points; Strong operating leverageGLENVIEW, Ill.--(BUSINESS WIRE)-- Anixter International Inc. (NYSE: AXE) today announced its results for the first quarter of 2019.
"Sales growth was above our outlook range, driven by strong results in our NSS and UPS... More
