{"schema_version":"secwatch.filing_event.v1","accession":"0000929008-24-000010","form_type":"8-K","ticker":"WCC","cik":"0000929008","company_name":"WESCO INTERNATIONAL INC","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.532425+00:00","generated_at":"2026-06-03T01:41:30.260082+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 Q1 net sales $5.4B (-3% YoY); operating profit $263M (-24%); free cash flow $731M record","bullets":["Net sales $5.4B, down 3.1% YoY; organic sales -3.2%; diluted EPS $1.95 vs $3.48; adjusted EPS $2.30 vs $3.75.","Operating profit $263M, down 24.1%; adjusted EBITDA margin 6.4% vs 7.6% YoY, down 120 bps.","Record free cash flow $731M in Q1, $1.4B TTM; financial leverage 2.6x vs 2.8x sequentially.","Full-year FCF guidance raised to $800M-$1B; maintained sales, margin and adjusted EPS outlook; $300M divestiture proceeds for share repurchases.","Backlog -10% YoY but +1% sequentially; gross margin 21.3% vs 21.9% YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0000929008-24-000010","json":"https://secwatch.observer/filing/0000929008-24-000010.json","markdown":"https://secwatch.observer/filing/0000929008-24-000010.md","text":"https://secwatch.observer/filing/0000929008-24-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/929008/000092900824000010/0000929008-24-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/929008/000092900824000010/wcc-20240502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T01:41:30.260082+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":"502a66de3f80e900b502d3c429d36ad8087dc6f4","claim":"WESCO INTERNATIONAL INC reported the first quarter of 2024 results: revenue $5.4 billion. Guidance reaffirmed.","evidence_excerpt":"unique global capabilities and scale.” The following are results for the three months ended March 31, 2024 compared to the three months ended March 31, 2023: • Net sales were $5.4 billion for the first quarter of 2024 compared to $5.5 billion for the first quarter of 2023, a decrease of 3.1%. Organic sales for the first quarter of 2024 declined by 3.2%, as","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/929008/000092900824000010/0000929008-24-000010-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of 2024"},{"label":"Revenue","value":"$5.4 billion"},{"label":"Guidance","value":"reaffirmed"},{"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"}