Anixter - Falling Video Prices

Author: John Honovich, Published on Jul 26, 2017

Falling video prices are such a concern that it has become a notable topic for Anixter's financial results and Anixter's executives.

In this note, we examine Anixter's executives comments and what this means for the video surveillance market.

******* ***** ****** *** **** * ******* **** ** *** become * ******* ***** *** *******'* ********* ******* *** *******'* executives.

** **** ****, ** ******* *******'* ********** ******** *** **** this ***** *** *** ***** ************ ******.

[***************]

Falling ***** ******

***/***, ******* ** ****** **** ****** ** ***** ******** *** declining *** **** ****** *** ****** ***** **** ***** ********.

*******'* *** *****:

******** ***** ****** ******* ** ********** ******** ** *** *** price ********* ** ******* ******* **** ********* *****.

**** ******* ****** ******* *******, ** ******* ***** *****:

*** ****** ** ***** ********* ** ******** ******* ********** **** as ***** ************ ******** **** * *** *****.

*******'* *** ********* ****:

*** ***** *** ******* *** *** *** ** *** ***** end ** *** ****** ** ******** *** ******.

**** *** *** ************* ** *** '*******':

** **'* *** *******, **'* ********, **'* ****, **'* ** different **** ** ***** *** ****** **** ***** ** **** buy ** ******** ** *** ******** ****, **'* ***** ******** of ******** **** ** ****** **** ** **** **** ***** deflation.

Overall ******** *******

*******, *******'* "******** ***** ********* *.*% ** ** ******* *****" to $*** ******* (~$*.* ******* ****** ***-****). ******* ******** **** gained ***** ** ********, ******** ***** ****** **** *** ******* security ****** ** ******* **** **** *.*%.

Optimism *** ******?

** *** ******** ****, *******'* *** **** ***** *****:

**** *** **** ** *** ****** *** ** *** ******, we ** *** ************* ** ******* ** ****, ********** ** you ***** **** ***** ****** *** *********.

Not **********

**** *** *** ****** *** ***** ***** ** ***** **** year (********* * ******), **** ******* ****** *** ******* *** impacting ******* ** *** * ********. ** ******* **** ******* distributors *** *********** **************** ****** *** ** ****, ** **** **** **** ***** and ****** ********* (*.*., ******* ***-**) ** *************.

Outlook - ******** ** *** **** *********

** ** *** ******** ** *** *** **** ********* ** both ***** *** *********'* ****** **** **** **** ** ************* issues ** ** **** *** ***** ********. **** **** **** moving ** ****** *** ********** *********** ****** ** ******-****** ******** harder ** **** **** ** **** ********* ** ****** ***** those ******.

*** ***** *********** ***** ** **** ** ** *** ***** how **** ***** *** ***-**** ********* *** **. ***** **** sell *** **** **** ****** ** *****, *** **** ****** cost ********* ** ***** ******* *****, *********, *******, ********, ************ (e.g., ********* **** ******* *** ***), ***. ****** ****** ******** to **** *****. ** *** ***** ****, ***** *** ********* have ****** ********* ****** ** ***** ** ********* ******* ** they ******.

Anixter **** **********

*** **** ** ***** **********, **********'* ** **** ********** **** **********.

Comments (1)

*** ****** ******* ** *** ***** *******

*** *** ***** ** ***** ******** *** *****. *** ** date

******** ********* **** ** ***** ******* *******

******* *** ****** ** **** ***** *****

**** ** **** ***** ****** ** ****** ********* ****** * rise ** *** *****

*** ***** ******* ********

**** ***'* ******* **** *********

***** ***** *** ***** ****

*** ****

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