WCC Stock Recent News

PITTSBURGH , Feb. 25, 2025 /PRNewswire/ -- WESCO International, Inc. (NYSE: WCC) ("Wesco"), a leading provider of business-to-business distribution, logistics services, and supply chain solutions, today announced that its wholly owned subsidiary, WESCO Distribution, Inc. ("Wesco Distribution"), priced its previously announced offering (the "Offering") to eligible purchasers of $800 million aggregate principal amount of 6.375% senior notes due 2033 (the "Notes"). The aggregate principal amount of the Notes to be issued in the Offering has been increased from the previously announced $600 million to $800 million.

PITTSBURGH , Feb. 25, 2025 /PRNewswire/ -- WESCO International, Inc. (NYSE: WCC) ("Wesco"), a leading provider of business-to-business distribution, logistics services, and supply chain solutions, today announced that its wholly owned subsidiary, WESCO Distribution, Inc. ("Wesco Distribution"), intends to offer (the "Offering") to eligible purchasers, subject to market and other conditions, $600 million aggregate principal amount of senior notes due 2033 (the "Notes"). Wesco intends to use the net proceeds from this Offering to redeem all of its outstanding 10.625% Series A Fixed-Rate Reset Cumulative Perpetual Preferred Stock (the "Series A Preferred Stock") and all of the related depositary shares representing fractional interests in the Series A Preferred Stock (the "Series A Depositary Shares") on June 22, 2025, and repay a portion of the amounts outstanding under its asset-based revolving credit facility (the "ABL Facility").

Examine Wesco International's (WCC) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock.

PITTSBURGH , Feb. 20, 2025 /PRNewswire/ -- Wesco proudly announces its official partnership with the U.S. Department of Defense's Military Spouse Employment Partnership (MSEP), a program within the Department of Defense's Spouse Education and Career Opportunities initiative. The induction ceremony on Jan. 29, 2025, formally welcomed Wesco into the program.

WCC's fourth-quarter 2024 results reflect headwinds from the UBS segment's struggles and a shrinking margin.

WESCO International, Inc. (NYSE:WCC ) Q4 2024 Earnings Conference Call February 11, 2025 10:00 AM ET Company Participants Scott Gaffner - SVP-IR John Engel - Chairman, President and CEO Dave Schulz - EVP and CFO Conference Call Participants Sam Darkatsh - Raymond James Thomas Moll - Stephens David Manthey - Baird Deane Dray - RBC Capital Markets Christopher Glynn - Oppenheimer Stephen Volkmann - Jefferies Ken Newman - KeyBanc Capital Markets Patrick Baumann - JPMorgan Operator Hello, and welcome to WESCO's 2024 Fourth Quarter and Full Year Earnings Call. [Operator Instructions] Please note that this event is being recorded.

The headline numbers for Wesco International (WCC) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Electrical, communications, and utility distribution and supply chain services specialist Wesco International (WCC 2.71%) reported mixed fourth-quarter and full-year earnings results on Tuesday, Feb. 11. Net sales rose 0.5% year over year to $5.5 billion, surpassing analysts' consensus expectations.

Wesco International (WCC) came out with quarterly earnings of $3.16 per share, missing the Zacks Consensus Estimate of $3.22 per share. This compares to earnings of $2.65 per share a year ago.

Fourth quarter reported net sales up 0.5% YOY; Organic sales up 2.4% YOY and 1.7% sequentially Fourth quarter diluted EPS of $3.03; Adjusted diluted EPS of $3.16, up 19% YOY Full-year reported net sales down 2.5% YOY; Organic sales down 0.6% YOY Full-year operating profit of $1.2 billion; operating margin of 5.6% Adjusted EBITDA margin of 6.9%, down 70 basis points YOY Record operating cash flow of $1.1 billion for 2024, up from $493 million for 2023 PITTSBURGH , Feb. 11, 2025 /PRNewswire/ -- Wesco International (NYSE: WCC), a leading provider of business-to-business distribution, logistics services and supply chain solutions, announces its results for the fourth quarter and full year 2024. "We are pleased with our return to sales growth in the fourth quarter sparked by more than 70% growth year-over-year in our global Data Center business, 20% growth in Broadband Solutions, and renewed positive sales momentum in Electrical and Electronic Solutions.