Highest-materiality recent filing
Wesco reports record Q1 sales of $6.1B (+14% YOY); raises 2026 guidance
Organic sales grew 12.3% YOY; data center sales surged ~70% to $1.4B (24% of total).
Wesco priced $1.5B notes offering; upsizes 2034 tranche to $850M
Issued $650M of 5.250% notes due 2031 and $850M of 5.500% notes due 2034.
Wesco Q4 sales record $6.07B (+10% YoY), adjusted EPS $3.40 miss; FY 2026 outlook, dividend hike
Record Q4 net sales $6,068.6M, up 10.3% YoY; full year sales $23,510.9M, up 7.8% YoY.
WESCO CFO Schulz to retire May 2026; Neel Dev named successor as EVP & CFO
Dave Schulz, EVP & CFO, will retire by May 31, 2026; he steps down as CFO in Feb 2026 then serves as Special Advisor.
Wesco Q3 net sales $6.2B (+12.9% YoY); data center $1.2B; raises FY25 EPS guide
Record Q3 net sales $6.2B, up 12.9% YoY; organic sales +12.1% YoY; data center sales $1.2B (+60% YoY).
Wesco appoints Daniel Castillo as EVP & GM of Electrical & Electronic Solutions; Squires retiring
Nelson Squires, EVP & GM of EES, retiring effective September 30, 2025.
Wesco Q2 sales up 7.7% YOY, data center tops $1B; raised FY organic sales outlook
Q2 net sales $5.90B, +7.7% YOY; organic sales +7.2% YOY, +6.2% sequentially.
Wesco Q1 2025 organic sales +5.6% YoY; data center up 70%; FY outlook reaffirmed
Net sales $5.34B (-0.1% reported); organic growth 5.6% on 70% data center surge.
WESCO to redeem all Series A Preferred Stock on June 22, 2025; expects $30M gain
Redemption of all 21,611,471 depositary shares (21,611.471 preferred shares) at $25.59765625 per depositary share, including accrued dividends.
WESCO issues $800M 6.375% notes due 2033 to refinance high-cost preferred stock
Issued $800M of 6.375% senior notes due 2033; net proceeds ~$789.5M.
WESCO Distribution prices $800M 6.375% senior notes due 2033 to redeem 10.625% preferred stock
WESCO Distribution, a wholly owned subsidiary, priced $800M of 6.375% senior notes due 2033; up from $600M initially announced.
WESCO Q4 organic sales +2.4% YoY, adj EPS $3.16 (+19%), FY free cash flow $1.045B, dividend +10%
Q4 net sales $5.50B (+0.5% YoY); organic sales up 2.4% YoY and 1.7% sequentially.
Wesco Q3: GAAP EPS $3.81, adjusted $3.58; organic sales down 0.6% YoY, operating margin 6.1%
Net sales $5.5B, down 2.7% YoY; organic sales down 0.6% YoY but up 0.1% sequentially.
Reiterates FY2024 outlook: reported sales (3.5)% to (1.5)% YoY, organic sales (1.5)% to 0.5%.
WESCO Q2 sales down 4.6% YoY, guides FY organic sales (1.5%)-0.5%, margins 7.0-7.3%
Q2 net sales $5.5B (-4.6% YoY); organic sales -0.8% YoY.
WESCO Distribution redeems $1.5B 7.125% Senior Notes due 2025 on June 15
Issuer exercises optional redemption of $1.5B aggregate principal of 7.125% Senior Notes due 2025.
Wesco Q1 net sales $5.4B (-3% YoY); operating profit $263M (-24%); free cash flow $731M record
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.
WESCO issues $900M 6.375% 2029 and $850M 6.625% 2032 senior notes
Net proceeds of $1.7284B; used to redeem all 7.125% notes due 2025 and for general corporate purposes.
WESCO upsizes and prices $1.75B senior notes offering; to redeem 2025 notes
Priced $900M 6.375% notes due 2029 and $850M 6.625% notes due 2032.
Q4 net sales $5.5B (-1.5% YoY); organic sales down 2.6%; adjusted EPS $2.65 vs $4.13 prior year.
WESCO Q3 net sales $5.6B, up 4% YoY; adj. EPS $4.49 flat; leverage 2.7x; FY outlook tightened
Q3 net sales $5.6B (+4% YoY, organic +3%); gross margin 21.6% flat sequentially.
Wesco Q2 sales record $5.7B but adjusted EPS down 11%; lowers FY guidance
Net sales record $5.7B (+5% YoY); organic sales +2.8%. Adjusted EPS $3.71 vs $4.19 prior year, down 11%.
Wesco reports record Q1: sales $5.5B (+12%), adj. EPS $3.75, reaffirms FY23 outlook
Net sales $5.5B (+12% YoY, organic +10.8%); gross margin 21.9% (+60bps).
Wesco Q4 record sales $5.6B, adj EPS $4.13 up 30% YoY; FY2022 record adjusted EBITDA $1.7B
Q4 net sales $5.6B (+15% YoY); organic sales +14.4%; operating profit $382M.
Wesco Q3 revenue $5.4B +15% YoY, adj. EPS $4.49 +64%, backlog record up >60%
Net sales $5.4B (+15% YoY); organic growth 17%; record backlog up >60% YoY.
Record net sales of $5.5B, up 19% YoY; organic sales +21%; record backlog up >80% YoY.
WESCO increases revolver by $175M to $1.525B; receivables facility also expanded
Revolving credit facility increased from $1.35B to $1.525B; Canadian sub-facility from $550M to $600M.
Wesco announces new $1B share repurchase authorization
Board approved repurchase of up to $1B of common and preferred stock.
Net sales $4.9B, +22% YoY; organic growth 21.2%; record backlog up >90% YoY and 25% sequentially.
David S. Schulz served as the Company’s Executive Vice President and Chief Financial Officer through February 16, 2026, and continued as Executive Vice President and special advisor to the CEO until his retirement from the Company effective May 31, 2026.
The Company is appointing Dirk Naylor as Executive Vice President and General Manager, Communications & Security Solutions.
On June 12, 2025, William C. Geary, II, Executive Vice President and General Manager, Communications & Security Solutions, notified WESCO International, Inc. (the “Company”) that he is resigning from the Company to accept another position.
On June 12, 2023, the Board of Directors of WESCO International, Inc. (the “Company”) elected Glynis A. Bryan as a Director, effective September 1, 2023.
On August 30, 2022, the Board of Directors of WESCO International, Inc. (the “Company”) elected Sundaram (“Naga”) Nagarajan as a Director, effective September 1, 2022.
On August 24, 2022, John K. Morgan notified the Company of his retirement from the Board of Directors, effective September 30, 2022.
On June 3, 2022, Mr. Theodore A. Dosch, 62, notified WESCO International, Inc. (the “Company”) of his intention to retire from the Company on August 5, 2022.
On August 6, 2021, Ms. Lynn Utter notified the Company of her retirement from the Board of Directors effective December 31, 2021.
On August 6, 2021, the Board of Directors of WESCO International, Inc. (the “Company”) elected Anne M. Cooney as a Director, effective September 1, 2021.
Max materiality 0.85 · Median 0.60 · Most common event earnings