NEW YORK, June 22, 2020 /PRNewswire/ -- Grocery Outlet
Holding Corp. (NASD: GO) will replace Brinker International Inc.
(NYSE: EAT) in the S&P MidCap 400 and Brinker International
will replace Anixter International Inc. (NYSE: AXE) in the S&P
SmallCap 600 effective prior to the opening of trading on
Thursday, June 25. WESCO
International Inc. (NYSE: WCC) is acquiring Anixter International
in a deal completed today, June 22.
Brinker International is more representative of the small-cap
market space.
Grocery Outlet Holdings owns and operates a chain of grocery
stores. Headquartered in Emeryville,
CA the company will be added to the S&P MidCap 400 GICS
(Global Industry Classification Standard) Food Retail Sub-Industry
index.
Brinker International owns, develops, operates, and franchises
casual dining restaurants. Headquartered in Dallas, TX the company will be added to the
S&P SmallCap 600 GICS Restaurants Sub-Industry index.
Following is a summary of the change:
|
S&P MIDCAP 400
INDEX – JUNE 25, 2020
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Grocery Outlet
Holding
|
Consumer
Staples
|
Food
Retail
|
|
DELETED
|
Brinker
International
|
Consumer
Discretionary
|
Restaurants
|
|
S&P SMALLCAP
600 INDEX – JUNE 25, 2020
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Brinker
International
|
Consumer
Discretionary
|
Restaurants
|
|
DELETED
|
Anixter
International
|
Information
Technology
|
Technology
Distributors
|
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SOURCE S&P Dow Jones Indices