secwatch.observer — SEC 8-K summary
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Issuer:     WESCO INTERNATIONAL INC (WCC)
CIK:        0000929008
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0000929008-24-000027
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wesco Q3: GAAP EPS $3.81, adjusted $3.58; organic sales down 0.6% YoY, operating margin 6.1%
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- Net sales $5.5B, down 2.7% YoY; organic sales down 0.6% YoY but up 0.1% sequentially.
- GAAP EPS $3.81; adjusted EPS $3.58, down 20.3% YoY. Operating profit $336M, margin 6.1%.
- Adjusted EBITDA margin 7.3%, down 80bps YoY, flat sequentially. Gross margin 22.1%, up 50bps YoY.
- Operating cash flow $302M Q3, $825M YTD (up from $424M YTD 2023). Free cash flow $280M Q3.
- Reaffirming full-year outlook; data center double-digit growth; leverage 2.9x; $25M share repurchase.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/929008/000092900824000027/0000929008-24-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/929008/000092900824000027/wcc-20241031.htm
  HTML page:      https://secwatch.observer/filing/0000929008-24-000027

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer