earnings
confidence high
sentiment positive
materiality 0.85
Wesco Q2 sales up 13% to record $6.7B; adjusted EPS $4.57 beats; raises FY outlook
WESCO INTERNATIONAL INC
- Record Q2 net sales $6.665B, up 13% YoY; organic sales +12.6%; data center sales $1.5B (+45% YoY).
- Record backlog up ~60% YoY; adjusted EBITDA margin 7.3% (+60 bps); adjusted diluted EPS $4.57 (+35% YoY).
- Operating cash flow $53.7M; free cash flow $32.3M; company raising full-year 2026 outlook.
- Secured multi-year Grid Services award from hyperscale data center customer; acquired Newark Engineering for cooling solutions.