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Last $8.21 USD
Change Today -0.17 / -2.03%
Volume 7.3K
SYX On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 02/9/16 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

11 Harbor Park Drive

Port Washington, NY 11050

United States

Phone: 516-608-7000

Fax: 516-608-7001

Systemax Inc. operates as a direct marketer of brand name and private label products. Segments The company operates through two business segments, Technology Products and Industrial Products. Technology Products This segment sells products categorized as information and communications technology (ICT) and consumer electronics (CE). These products include computers, computer supplies, and consumer electronics, which are marketed in North America, Puerto Rico, and Europe. Industrial Products This segment sells a range of industrial products and supplies categorized as maintenance, repair and operations (MRO), which are marketed in North America. Majority of these products are manufactured by other companies. Products ICT products offered by the company’s Technology Products segment include computing products, such as laptops, desktops, and tablets; computer components and accessories; commercial and home networking; and software. CE products include TV and video; audio; cameras and surveillance; GPS; cell phones; video games and toys; home and electronics accessories. MRO products offered by the company’s Industrial Products segment include material handling; storage and shelving; workbench and shop desks; packaging and supplies; furniture and office; foodservice and appliances; janitorial and maintenance; tools and instruments; fasteners and hardware; motors and power transmission; HVAC/R and fans; electrical and bulbs; plumbing supplies; and safety and medical items. Catalogs The company produces a total of nine full-line or direct mail publications in North America and Europe under distinct titles. Its portfolio of catalogs includes brand names, such as TigerDirect.com, Misco, Global Industrial, Nexel and Inmac WStore. The company mails catalogs to both businesses and individual consumers. Sales and Marketing The company markets products to both business customers (B2B) and to individual consumers (B2C). Its B2B customers include for-profit businesses, educational organizations and government entities. Seasonality The company has a significant portion of its sales in the North America consumer business market, and hence the fourth quarter has historically represented the greatest portion of annual sales. Its net sales have historically been modestly weaker during the second and third quarters as a result of lower business activity during those months. History Systemax Inc. was founded in 1949. The company was incorporated in Delaware in 1995.

 

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