Net Sales Accessibility StatementSkip Navigation PITTSBURGH. Oct. 30, 2025 /PRNewswirel -- Wesco International (NYSE: WCC), a leading provider of business-to-business distribution, logistics services and supply chain solutions, announces its results for the third quarter of 2025. "We delivered very strong results in the third quarter and again outperformed the market with our leading portfolio of products, services, and solutions. Sales growth accelerated this year, with organic sales up 6% in the first qua ...

Core Insights - Wesco International reported strong sales momentum in the first half of 2025, with organic sales growth accelerating to 7.2% in Q2 and preliminary July sales per workday up approximately 10% year-over-year [2][3][7] - The company achieved total data center sales exceeding $1 billion in Q2, marking a 65% increase compared to the previous year [2][7] - Wesco's adjusted EBITDA margin improved by 90 basis points sequentially to 6.7%, driven by strong operating leverage on higher sales [2][7] Financial Performance - Q2 2025 net sales reached $5,899.6 million, a 7.7% increase from $5,479.7 million in Q2 2024 [4][19] - For the first six months of 2025, net sales totaled $11,243.3 million, up 3.8% from $10,829.7 million in the same period of 2024 [4][20] - The company reported a net income attributable to common stockholders of $189.2 million in Q2 2025, down 13.1% from $217.7 million in Q2 2024 [4][19] Segment Performance - The CSS segment led the growth with 17% organic growth, while the EES segment saw a 6% organic growth in Q2 2025 [2][8] - Data center sales in Q2 2025 were a significant contributor, surpassing $1 billion and reflecting a 65% year-over-year increase [2][7] - The Utility business showed signs of recovery, with sales to investor-owned utilities returning to growth in Q2 [2][3] Cost and Margin Analysis - Gross profit for Q2 2025 was $1,242.7 million, with a gross margin of 21.1%, down from 21.9% in Q2 2024 [4][31] - Selling, general, and administrative (SG&A) expenses increased to $872.2 million in Q2 2025, a 5.3% rise from $828.4 million in Q2 2024 [4][19] - Adjusted EBITDA for Q2 2025 was $394.2 million, a decrease of 1.5% from $400.1 million in Q2 2024 [4][31] Cash Flow and Capital Management - Operating cash flow for Q2 2025 was $107.8 million, a significant recovery from a negative cash flow of $(223.8) million in Q2 2024 [4][19] - The company completed the redemption of its preferred stock in June 2025, enhancing cash flow and earnings per share [3][4] - Wesco's free cash flow for Q2 2025 was $86.5 million, compared to a negative free cash flow of $(234.1) million in Q2 2024 [4][19] Outlook and Strategic Initiatives - The company raised its full-year organic sales growth outlook based on positive momentum observed in the first seven months of 2025 [3][7] - Wesco is focused on executing cross-selling initiatives and improving enterprise-wide margins through technology-driven business transformation [3][7] - The company maintains a strong liquidity position with no significant debt maturities until 2028, allowing for strategic capital allocation [3][4]

Company Overview - Wesco International is a FORTUNE 500® company headquartered in Pittsburgh, Pennsylvania, with approximately $22 billion in annual sales in 2024 [2] - The company specializes in business-to-business distribution, logistics services, and supply chain solutions, offering a diverse portfolio including Electrical and Electronic Solutions, Communications and Security Solutions, and Utility and Broadband Solutions [2] - Wesco employs around 20,000 people and operates more than 700 sites across approximately 50 countries, providing a local presence and a global network for its customers [2] Earnings Call Information - Wesco International will hold its second quarter 2025 earnings conference call on July 31, 2025, at 10:00 a.m. ET [1] - Dial-in details for live access include a North America toll-free number (1-877-443-5356) and an international number (1-412-902-6614) [2] - A replay of the earnings call will be available until August 7, 2025, with specific toll-free and international numbers provided for access [2]

Core Points - Wesco International's Board of Directors declared a quarterly cash dividend of $0.45375 per share, payable on June 30, 2025, to shareholders of record as of June 13, 2025 [1] Company Overview - Wesco International is a FORTUNE 500® company headquartered in Pittsburgh, Pennsylvania, with approximately $22 billion in annual sales for 2024 [2] - The company specializes in business-to-business distribution, logistics services, and supply chain solutions, offering a diverse portfolio that includes Electrical and Electronic Solutions, Communications and Security Solutions, and Utility and Broadband Solutions [2] - Wesco employs around 20,000 people and operates over 700 sites, including distribution centers and sales offices in approximately 50 countries, providing a local presence and a global network for its customers [2]

Core Insights - Wesco International reported a 6% organic growth in sales for Q1 2025, driven by a 70% increase in data center sales and high single-digit growth in Broadband and OEM businesses [2][10]. - The company reaffirmed its full-year outlook for 2025, citing positive momentum and a strong opportunity pipeline [3][10]. Financial Performance - Net sales for Q1 2025 were $5,343.7 million, a slight decrease of 0.1% compared to $5,350.0 million in Q1 2024 [4][10]. - Organic sales growth was reported at 5.6%, reflecting volume growth in the Communication and Security Solutions (CSS) segment, partially offset by a decline in the Utility Business Solutions (UBS) segment [5][24]. - Gross profit for Q1 2025 was $1,125.6 million, with a gross margin of 21.1%, down from 21.3% in the previous year [4][26]. - Net income attributable to common stockholders increased to $104.0 million, or $2.10 per diluted share, representing a 7.7% increase year-over-year [4][10]. Cash Flow and Capital Management - Free cash flow for Q1 2025 was significantly lower at $9.4 million compared to $731.4 million in Q1 2024, primarily due to changes in working capital [4][10]. - The company issued $800 million in notes to redeem preferred stock, which is expected to strengthen the balance sheet and improve cash flow and earnings per share [3][10]. Segment Performance - The CSS segment experienced an organic sales growth of 18.1%, while the UBS segment saw a decline of 4.9% [24]. - The Electrical and Electronic Solutions (EES) segment reported a 3.4% organic sales growth [24]. Operational Highlights - The company noted a stable gross margin on a sequential basis compared to Q4 2024, with initial improvements in Communication and Security Solutions [2][3]. - SG&A expenses increased to $836.3 million, reflecting higher operational and transportation costs [4][7]. Market Outlook - Wesco remains focused on cross-selling activities and operational improvements amid economic uncertainty, with confidence in outperforming market trends driven by AI-driven data centers and electrification [3][10].