BNET Industries
Market Cap:$550.8M
Last Fiscal Year Sales:$2.7B
- Public
- US
Dow Jones Description
Systemax is primarily a direct marketer of brand name and private label products. Our operations are organized in three reportable business segments Technology Products, Industrial Products and Software Solutions. Our Technology Products segment sells computers, computer supplies and consumer electronics which are marketed in North America and Europe. Except for certain personal computer (PC) products that we assemble ourselves and sell under the trademarks Systemax and Ultra, substantially all of our products are manufactured by other companies. We also sell certain computer-related products manufactured for us to our own design under the trademark Systemax and Ultra . For the six months ended June 30, 2009, Technology products accounted for 94% of our net sales. Our Industrial Products segment sells a wide array of material handling equipment, storage equipment and consumable industrial items which are marketed in North America. Substantially all of these products are manufactured by other companies. Some products are manufactured for us to our own design and marketed under the trademarks Global, GlobalIndustrial.com and Nexel. Industrial products accounted for 6% of our net sales for the six months ended June 30, 2009. In both of our Technology Products and Industrial Products segments, we offer our customers a broad selection of products, prompt order fulfillment and extensive customer service.
Number of Employees 4,452
Contact Information
11 Harbor Park Dr
Port Washington, New York 11050-4650
(516) 608-7000
Peer Companies
NAICS Code Electronic Shopping: 454111
Recent Events
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Systemax SYX Declares $0.75 Quarterly Dividend; 1.9% Yield
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Rising from the ashes, CompUSA has a new, less-geeky plan
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Clearwire Net Loss; Baytex Energy Net Falls
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Systemax Completes Acquisition of European Business IT Supplier
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Systemax Buys WStore Europe
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Traffic fails to make the grade at computer and electronics e-retailers
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Florida AG Sues Systemax Over Rebate Allegations
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Systemax Releases Second Quarter 2009 Results
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Systemax Signs Pact to Acquire WStore Europe
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Systemax exits hosted e-commerce software business
News & Analysis
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systemax inc. - All News and Analysis
Systemax Emerges as Best Buy?s Dark Horse Competitor
Seeking Alpha
- 2009-11-11
Wall Street Cheat Sheet submits: by Derek Hoffman Systemax Inc. (NYSE: SYX), a computer and electronics retailer, proved its growth with profits again this quarter. After hours, shares are currently priced at $14.60, a 11% increase since we first uncovered this ‘diamond in the recession rough’ in August. by...
Systemax Inc. Q3 2009 Earnings Call Transcript
Seeking Alpha
- 2009-11-10
Question-and-Answer Session Operator Thank you, sir. Operator Instructions Your first question comes from Ali Motamed - Boston Partners. Ali Motamed - Boston Partners First of all, can you talk a little about the CapEx outlook, let's say, for the next quarter and maybe the next year, sort of...
Systemax 2Q 2009 Earnings Call Transcript
Seeking Alpha
- 2009-08-11
Question-and-Answer Session Operator Operator Instructions Your first question comes from [Ross Lutero – Unidentified Company]. Ross Lutero - Unidentified Company Wanted to know about that $2.4 million for the charge related to the software business, what more can we expect? Is it still the $5 million...
Systemax 2Q 2009 Earnings Call Transcript
Seeking Alpha
- 2009-08-11
Systemax SYX Q2 2009 Earnings Call August 11, 2009; 05:00 pm ET
Bing Is Big, Circuit City Is Back
Seeking Alpha
- 2009-07-15
Compete submits: June is Big for Bing Traffic to Bing.com continues to skyrocket. The site garnered 50 million unique visitors UVs in June, its first full month live. As a result, more and more people are gaining interest and taking the time to learn more about what...
Circuit City: Back From the Dead?
Seeking Alpha
- 2009-05-25
Boaz Berkowitz submits: Many will remember that back on January 16, 2009 Circuit City announced it was closing all of its stores. With Circuit City’s demise, it was clear that the economic collapse had claimed another victim and a big one at that. But I see that Circuit...
Systemax Inc. Q4 2008 Earnings Call Transcript
Seeking Alpha
- 2009-03-19
Question-and-Answer SessionOperator Thank you sir. Operator instructions We will take our first question from Steven Fisher [ph] with Trust Company [ph].Steven Fisher – Trust Company Hi, guys. Nice quarter given all that's going on.Richard Leeds Thank you.Steven Fisher – Trust Company Just on the gross margin, what percent of...
Systemax Inc Q3 2008 Earnings Call transcript
Seeking Alpha
- 2008-11-20
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Dorsey Gardner - Kelso Management Dorsey Gardner - Kelso Management I was curious with the web hosting business, any numbers on that? It’s been running pretty heavily expenses and I’m wondering if it’s starting to pay off or where...
Systemax, Inc. Q1 2008 Earnings Call Transcript
Seeking Alpha
- 2008-06-17
Question-and-Answer Session Operator Operator Instructions Your first question comes from David Kaczorowski - Signal Hill Capital. David Kaczorowski - Signal Hill Capital For the CompUSA stores, you said there were 700 employees, were there any of those inherited from the former operations CompUSA? Gilbert Fiorentino...
Systemax Q4 2007 Earnings Call Transcript
Seeking Alpha
- 2008-03-10
Question-and-Answer Session Operator Operator Instructions Our first question comes from the line of Sam Mendoza with Advent Core Capital. Go ahead. Sam Mendoza – Advent Core Capital My question had to do with better understanding the rebates and how that works. Can you give us...
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