Wesco Int'l Guides FY26 Sales Below Estimates; To Boost Dividend 10%; Stock Down 5% - Update
WESCO InternationalWESCO International(US:WCC) RTTNews·2026-02-10 11:30

Core Viewpoint - Wesco International, Inc. (WCC) has initiated its adjusted earnings and revenue guidance for the full-year 2026, projecting adjusted earnings between $14.50 and $16.50 per share with sales growth of 5 to 8 percent [1] Financial Performance - Analysts expect the company to report earnings of $16.42 per share, with revenue growth projected between 22.23 percent to $24.96 billion for the year [2] - The company plans to increase its annual common stock dividend by over 10 percent to $2.00 per share [2] Management Changes - The company announced the upcoming retirement of Dave Schulz, Executive Vice President and Chief Financial Officer, effective May 2026, and the appointment of Indraneel "Neel" Dev as his successor [3][4] - Dev will join the company in February 2026 to ensure a smooth transition, having previously served as CFO and Chief Revenue Officer of Congruex [4] Stock Performance - In pre-market trading, WCC shares are priced at $286.00, reflecting a decrease of $15.73 or 5.2 percent [4]