{"schema_version":"secwatch.filing_event.v1","accession":"0000929008-24-000003","form_type":"8-K","ticker":"WCC","cik":"0000929008","company_name":"WESCO INTERNATIONAL INC","filed_at":"2024-02-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.331329+00:00","generated_at":"2026-06-06T04:02:52.921923+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Wesco Q4 operating profit down 17% YoY; revenue miss; announces dividend hike and revised leverage target","bullets":["Q4 net sales $5.5B (-1.5% YoY); organic sales down 2.6%; adjusted EPS $2.65 vs $4.13 prior year.","Full year 2023 sales $22.4B (+4.5% YoY); adjusted EBITDA margin 7.6%, down 50 bps.","2024 outlook: sales growth 1-4%, adj EBITDA margin 7.5-7.9%, free cash flow $600-800M.","Board approves 10% dividend increase to $1.65/share annual; leverage target range revised to 1.5x-2.5x.","CEO calls Q4 disappointing; cites project delays, mixed sector demand; backlog stable vs Sept."],"urls":{"canonical":"https://secwatch.observer/filing/0000929008-24-000003","json":"https://secwatch.observer/filing/0000929008-24-000003.json","markdown":"https://secwatch.observer/filing/0000929008-24-000003.md","text":"https://secwatch.observer/filing/0000929008-24-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/929008/000092900824000003/0000929008-24-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/929008/000092900824000003/wcc-20240213.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T04:02:52.921923+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"08096570ccfae2636f1fd1b061c2e06ae1b92ab3","claim":"WESCO INTERNATIONAL INC updated its the year ended December 31, 2023 guidance (initiated).","evidence_excerpt":"On February 13, 2024, WESCO International, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and full year 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/929008/000092900824000003/0000929008-24-000003-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2023"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"0a3f6893f69fed5ad115273935de322b8e1e9286","claim":"WESCO INTERNATIONAL INC reported the three months ended December 31, 2023 results: revenue $5.5 billion. Guidance initiated.","evidence_excerpt":"Net sales were $5.5 billion for the fourth quarter of 2023 compared to $5.6 billion for the fourth quarter of 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/929008/000092900824000003/0000929008-24-000003-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended December 31, 2023"},{"label":"Revenue","value":"$5.5 billion"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}