Systemax Inc. (NYSE:SYX) Files An 8-K Results of Operations and Financial Condition

Systemax Inc. (NYSE:SYX) Files An 8-K Results of Operations and Financial Condition
Item 2.02

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Results of Operations and Financial Condition

On October 31, 2017, Systemax Inc. (the “Company”) issued a press release announcing its financial results for the third quarter ended September 30, 2017 (the “Press Release”). The press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

On October 31, 2017 at 5:00 p.m. Eastern Time, management will provide pre-recorded remarks on the Company’s financial results for the third quarter ended September 30, 2017.

The Press Release also announced the declaration of a quarterly cash dividend of $.10 per share payable on November 20, 2017 to stockholders of record on November 13, 2017.

The information in this Current Report on Form 8-K and the Exhibit attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.

Item 9.01.

Financial Statements and Exhibits.

The following exhibit relating to Items 2.02 and 8.01 shall be deemed to be furnished, and not filed:

Exhibit

Number

Description

99.1

Press Release of Systemax Inc., dated October 31, 2017.


SYSTEMAX INC Exhibit
EX-99.1 2 systemaxform99110312017.htm EXHIBIT 99.1 Exhibit Exhibit 99.1  SYSTEMAX REPORTS THIRD QUARTER 2017 FINANCIAL RESULTS-Industrial Generates Record Sales of $204.4 Million; Doubles Operating Margin–France Sales Increase over 15%; 15th Consecutive Quarter of Organic Double Digit Growth–Systemax Board Declares $0.10 Dividend-PORT WASHINGTON,…
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About Systemax Inc. (NYSE:SYX)

Systemax Inc. is a direct marketer of brand name and private label products. The Company’s segments include Industrial Products Group (IPG), EMEA Technology Products Group (EMEA), and Corporate and Other (Corporate). IPG sells a range of maintenance, repair and operations (MRO) products, which are marketed in North America. The Company offers a range of products that are manufactured for its own design and marketed under the brands: Global, GlobalIndustrial.com, Nexel Relius, Relius Elite and Hercules. Its EMEA segment primarily sells information and communications technology (ICT) and consumer electronics (CE) products. These products are marketed in Europe and are manufactured by other companies. MRO products offered by its IPG segment include electrical and bulbs, fasteners and hardware, storage and shelving, and tools and instruments. ICT products offered by its EMEA segment include computer components and accessories, and software. CE products include audio and cell phones.

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