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Anixter International Inc (AXE)

AXE on New York Consolidated

79.60USD
20 Sep 2017
Change (% chg)

$0.40 (+0.51%)
Prev Close
$79.20
Open
$79.35
Day's High
$79.60
Day's Low
$78.65
Volume
13,909
Avg. Vol
121,072
52-wk High
$88.00
52-wk Low
$58.90

Latest Key Developments (Source: Significant Developments)

Anixter International Q2 sales $2.0 billion
Tuesday, 25 Jul 2017 06:30am EDT 

July 25 (Reuters) - Anixter International Inc :Anixter International Inc reports second quarter 2017 results.Anixter International Inc says Q2 organic sales increased 2.6%, driven by 15.8% growth in UPS segment.Q2 sales $2.0 billion versus I/B/E/S view $2.01 billion.Q2 adjusted earnings per share $1.36 from continuing operations.Q2 earnings per share $1.18 from continuing operations.Q2 earnings per share view $1.34 -- Thomson Reuters I/B/E/S.Anixter International Inc - for full year expect to invest $45 - $50 million in capital expenditures.Anixter International Inc says remain on track to return debt-to-adjusted EBITDA ratio to our target range of 2.5-to-3.0 times by end of year.Anixter International Inc - expect full year organic sales growth in 3.0 - 5.0% range.Anixter International - expect Q3 2017 organic sales growth in 2.0 - 4.0% range.  Full Article

Anixter International names William Galvin president and COO
Tuesday, 30 May 2017 06:30am EDT 

May 30 (Reuters) - Anixter International Inc :Anixter International Inc announces appointment of William A. Galvin as president and chief operating officer.Anixter International - board approved promotion of William C. Geary II to replace Galvin as executive vice president - network and security solutions.  Full Article

Anixter International Q1 sales $1.9 billion
Tuesday, 25 Apr 2017 06:30am EDT 

April 25 (Reuters) - Anixter International Inc ::Anixter International Inc reports first quarter 2017 results.Q1 sales $1.9 billion versus I/B/E/S view $1.86 billion.Q1 adjusted earnings per share $1.09 from continuing operations.Q1 earnings per share $0.91 from continuing operations.Q1 earnings per share view $0.98 -- Thomson Reuters I/B/E/S.Anixter International Inc - expect q2 2017 organic sales growth in 1.5 - 3% range.Anixter International Inc - now expect full year organic sales growth in 2 - 5% range.For full year 2017 we have increased midpoint of our outlook range by 100 basis points.Anixter International -sees for full year expect to invest $40 - $50 million in capital expenditures.Anixter International -"we are increasing our estimate of full year 2017 cash flow from operations to range of $200 - $220 million".  Full Article

Anixter Q3 adjusted EPS $1.38
Tuesday, 25 Oct 2016 06:30am EDT 

Anixter International Inc : Q3 adjusted earnings per share $1.38 . Q3 earnings per share $1.20 . Q3 sales $2.0 billion versus i/b/e/s view $1.97 billion . Q3 earnings per share view $1.36 -- Thomson Reuters I/B/E/S . Anixter international inc says current quarter had 63 billing days, compared to 64 billing days in year-ago quarter . Anixter international inc says further excluding unfavorable impact from one fewer billing day, q3 organic sales per day decreased 0.7 percent versus prior year .Anixter international inc says expect full year 2016 sales growth between 21 and 22 percent.  Full Article

Anixter International Q2 adjusted EPS $1.32
Tuesday, 26 Jul 2016 06:30am EDT 

Anixter International Inc : Weaker industrial economy, lower commodity prices on y-o-y basis continue to be headwinds for industrial portion of ees segment . Anixter International Inc. reports second quarter 2016 results . Q2 adjusted earnings per share $1.32 . Q2 earnings per share $0.62 . Q2 sales $2.0 billion versus i/b/e/s view $1.96 billion . Q2 earnings per share view $1.32 -- Thomson Reuters I/B/E/S . Sees FY 2016 sales up 20 to 24 percent . Anixter international inc. Reports second quarter 2016 results . EES segment continues to experience weakness related to industrial and manufacturing end market exposure .Weaker industrial economy,lower commodity prices on y-o-y basis continue to be headwinds for industrial portion of ups segment.  Full Article

Anixter International Inc reaffirms FY 2016 sales outlook
Tuesday, 26 Apr 2016 06:30am EDT 

Anixter International Inc:Continues to expect FY 2016 organic sales growth from continuing operations in the negative 2 percent to positive 2 percent range.  Full Article

Anixter International Inc gives FY 2016 sales outlook
Tuesday, 2 Feb 2016 06:30am EST 

Anixter International Inc:Expects FY 2016 organic sales growth from continuing operations in the negative 2 percent to positive 2 percent range.  Full Article

BRIEF-Anixter International Q2 sales $2.0 billion

* Anixter International Inc reports second quarter 2017 results