Current Report Filing (8-k)
April 20 2015 - 3:51PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): April 14, 2015
ANIXTER INTERNATIONAL INC.
(Exact name of registrant as specified in its charter)
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Delaware | | 94-1658138 |
(State or other jurisdiction of incorporation or organization) | | (I.R.S. Employer Identification No.) |
Commission File Number: 001-10212
2301 Patriot Blvd.
Glenview, Illinois 60026
(224) 521-8000
(Address and telephone number of principal executive offices)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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Item 7.01
| Regulation FD Disclosure. |
On April 14, 2015, Anixter International Inc. (“the Company”) issued a press release indicating that it will release its first quarter 2015 results on Tuesday, April 28, 2015, before the opening of the New York Stock Exchange. The Company also announced that as a result of the previously announced sale of the Company’s OEM Supply - Fasteners segment, this segment will now be classified as an “Asset Held for Sale” and restated prior period financial results will be reported as “Discontinued Operations” to reflect this reclassification. The segment is expected to deliver estimated sales of $245 million - $250 million and estimated operating profit of $11 million - $12 million in the first quarter of 2015; however, these results will be reported as "Discontinued Operations."
Further detail, including restated prior period financial results reflecting the reclassification, the related impact on stranded corporate costs and a reclassification of the Company’s segment results between its Enterprise Cabling and Security Solutions and Wire and Cable segments in conjunction with the integration of its Tri-Ed acquisition, has been made available on the Company’s investor relations website on April 20, 2015.
The press release and information disclosed in Item 7.01 of this Current Report on Form 8-K is furnished as Exhibit 99.1 to this report.
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Item 9.01
| Financial Statements and Exhibits.
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(d) Exhibits:
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Exhibit No. | Description |
99.1 | Press Release, dated April 14, 2015, of Anixter International Inc., announcing release of first quarter 2015 financial results and hosting of investor conference call on Tuesday, April 28, 2015.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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| ANIXTER INTERNATIONAL INC. |
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Dated: April 20, 2015 | By: /s/ Theodore A. Dosch |
| Theodore A. Dosch |
| Executive Vice President - Finance |
| and Chief Financial Officer |
EXHIBIT INDEX
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Exhibit No. | Description of Exhibit |
99.1 | Press Release, dated April 14, 2015, of Anixter International Inc., announcing release of first quarter 2015 financial results and hosting of investor conference call on Tuesday, April 28, 2015.
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Anixter International to Release First Quarter 2015 Financial Results
and Host Investor Conference Call on Tuesday, April 28, 2015
Glenview, IL, (BusinessWire) April 14, 2015 - 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 - 250 million and estimated operating profit of $11 - 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:
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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.
Investor Contacts
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Lisa Micou Meers, CFA |
Vice President - Investor Relations |
(224) 521-8895 |
Additional information about Anixter is available at anixter.com
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