Anixter International to Release First Quarter 2015 Financial Results & Host Investor Conference Call on Tuesday, April 28, 2...
April 14 2015 - 4:05PM
Business Wire
Anixter International Inc. (NYSE: AXE) will release its first
quarter 2015 results on Tuesday, April 28, 2015, before the opening
of the New York Stock Exchange.
As a result of the previously announced sale of Anixter’s OEM
Supply (“Fasteners”) segment, this segment will be classified as an
“Asset Held for Sale.” The segment is expected to deliver estimated
sales of $245 million – 250 million and estimated operating profit
of $11 million – 12 million in Q1 2015; however, these results will
be reported as “Discontinued Operations.” Further detail, including
restated prior period financial results reflecting this
reclassification, the related impact on stranded corporate costs
and a reclassification of our segment results between ECS and
W&C in conjunction with the integration of Tri-Ed, will be made
available on our investor relations website by April 17, 2015.
The company will host a conference call to discuss Anixter’s
first quarter 2015 results and financial details of the OEM Supply
transaction beginning at 9:30 a.m. central time. The call will be
available as a live audio webcast and can be accessed at the
investor relations portion of Anixter’s website at
www.anixter.com/investor.
Dial-in numbers for the call are as follows:
U.S. / Canada toll-free dial-in: (719) 325-2281
International dial-in: (888) 437-9445 Passcode: 655 0853
A replay of the call will be available at
www.anixter.com/investor for 15 days following the call.
About Anixter
Anixter International is a leading global distributor of
enterprise cabling and security solutions, electrical and
electronic wire and cable, and OEM supply fasteners and other small
parts. The company adds value to the distribution process by
providing its customers access to 1) innovative inventory
management programs 2) approximately 525,000 products and $1
billion in inventory 3) approximately 260 warehouses with 7.5
million square feet of space and 4) locations in over 280 cities in
more than 50 countries. Founded in 1957 and headquartered near
Chicago, Anixter trades on the New York Stock Exchange under the
symbol AXE.
Additional information about Anixter is
available at anixter.com
Anixter International Inc.Lisa Micou Meers, CFAVice President –
Investor Relations224-521-8895
Anixter (NYSE:AXE)
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