Anixter International Inc. Reports Second Quarter 2019 Diluted EPS of $1.86 and Adjusted Diluted EPS of $2.05, Up 34%
ANIXTER INTL (AXE)
Last anixter intl earnings: 4/28 06:30 am
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US:NYSE Investor Relations:
investors.anixter.com/home/default.aspx
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Source: Business Wire
Second Quarter HighlightsRecord quarterly sales of $2.3 billion, up 5.8%, organic sales growth of 6.0%Organic sales growth in all segmentsOperating Profit up 48% GLENVIEW, Ill.--(BUSINESS WIRE)--Anixter International Inc. (NYSE: AXE) today announced its results for the second quarter of 2019.CEO Commentary"Anixter continues to execute on our strategy of above-market top line growth, increased gross margin and operating margin and enhanced customer experience through our investments in digital innovation and technology. We delivered another strong quarter, with sales growth above our outlook range. This is the fifth consecutive quarter with organic sales growth at or above 5% and organic growth in each segment, and brings our year-to-date organic sales growth to 7%," commented Bill Galvin, President and Chief Executive Officer.Financial Results Three Months Ended Six Months Ended(In millions, except per share amounts)June 28,2019 June 29,2018 PercentChange June 28,2019 June 29,2018
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