Core Viewpoint - Wesco International, Inc. has announced the pricing of a private offering of senior notes totaling $1.5 billion, which will be used to redeem existing debt and repay borrowings under its credit facilities [1]. Group 1: Offering Details - The offering includes $650 million of 5.250% senior notes due 2031 and $850 million of 5.500% senior notes due 2034, with the latter amount increased from a previously announced $650 million [1]. - Both the 5-Year Notes and 8-Year Notes will be issued at a price of 100.000% of their aggregate principal amount [1]. - The settlement of the notes is scheduled for February 27, 2026, subject to customary closing conditions [1]. Group 2: Use of Proceeds - Wesco estimates that the net proceeds from the offering will be approximately $1.48 billion after deducting discounts and estimated offering expenses [1]. - The proceeds will be used to redeem all outstanding 7.250% senior notes due 2028 and to repay a portion of the outstanding amount under the asset-based revolving credit facility [1]. - Prior to redeeming the 2028 notes, the company plans to temporarily repay a portion of borrowings under its accounts receivable securitization facility and the ABL Facility [1]. Group 3: Company Overview - Wesco International is a leading provider of business-to-business distribution, logistics services, and supply chain solutions, with approximately $24 billion in annual sales in 2025 [1]. - The company operates over 700 sites in approximately 50 countries, providing a local presence and a global network for its customers [1]. - Wesco employs around 21,000 people and partners with premier suppliers to serve thousands of customers worldwide [1].

Core Insights - Wesco International reported record sales of $23.5 billion for the full year 2025, representing an 8% increase year-over-year, with a notable 10% increase in fourth-quarter sales [2][5] - The company experienced a 19% increase in backlog at year-end, indicating strong demand driven by trends in AI-driven data centers, power generation, and supply chain re-shoring [2][5] - Adjusted earnings per diluted share for the fourth quarter were $3.40, a 7.6% increase compared to the previous year, despite challenges in the UBS segment [3][12] Financial Performance - Fourth-quarter net sales reached $6.1 billion, up 10% year-over-year, with organic sales growth of 9.2% [5][6] - Full-year net income attributable to common stockholders was $645.8 million, a slight decrease of 2.2% from the previous year [6][23] - Operating cash flow for the fourth quarter was $71.9 million, a significant decline of 74% compared to the same quarter in 2024 [20] Segment Performance - The CSS segment achieved a 16% sales growth, while the EES segment saw a 9% increase, both contributing positively to overall performance [3][5] - The UBS segment faced ongoing sales and margin challenges, particularly with public power customers, although sales to investor-owned utilities accelerated [3][5] Strategic Initiatives - The company is focusing on digital transformation, with significant investments in technology and a new tech stack aimed at enhancing operational efficiency [3][5] - Wesco plans to increase its common stock dividend by 10% to $2.00 per share, reflecting confidence in future performance [5][6] Outlook - For 2026, Wesco anticipates mid- to high-single-digit organic sales growth, strong operating leverage, and margin expansion, alongside double-digit EPS growth [3][5] - The company expects improved free cash flow generation, projecting $500 million to $800 million for the year [5][6]

Core Insights - WESCO International, Inc. (NYSE:WCC) is highlighted as a strong investment opportunity, with an average price target suggesting a 15% upside and a Street high indicating a 17% upside [1] - Wolfe Research has maintained an Outperform rating on WESCO and increased the price target from $298 to $307, anticipating modest growth in 2026 supported by revenue traction and reduced interest rates [2] - WESCO reported a 12% sales growth for Q3 2025, with significant contributions from its Communications & Security Solutions and Electrical & Electronic Solutions segments [3] Financial Performance - For Q3 2025, WESCO achieved an 18% organic sales growth in the Communications & Security Solutions segment and a 12% growth in the Electrical & Electronic Solutions segment [3] - Data center sales reached $1.2 billion, reflecting a 60% year-over-year increase, marking a quarterly record for the company [3] - The company has raised its full-year 2025 organic sales growth outlook to 8%-9%, up from a previous guidance of 5%-7%, and forecasts adjusted EPS between $13.10 and $13.60 [4] Market Position - WESCO operates as a provider of business-to-business distribution, logistics, and supply chain services across the United States, Canada, and internationally [4]

Core Insights - WESCO International, Inc. has appointed two new independent directors, Michael L. Carter and David C. Wajsgras, effective January 1, 2026 [1] Group 1: New Appointments - Michael L. Carter is currently the Executive Vice President and Chief Partner Officer of Truist Financial Corporation, with a strong background in corporate and investment banking [2] - David C. Wajsgras is the former CEO of Intelsat Holdings S.A. and has held significant leadership roles at Raytheon and other companies, bringing extensive experience in industrial and technology sectors [3] Group 2: Leadership Statements - John Engel, Chairman, President, and CEO of WESCO, expressed confidence in the new directors' expertise in capital markets and global industrial sectors, which will support the company's strategy and long-term value creation [4] - Engel also acknowledged the contributions of retiring directors Bobby Griffin and Steve Raymund, highlighting their role in advancing the company's strategy and governance [5] Group 3: Company Overview - WESCO International is a FORTUNE 500® company with approximately $22 billion in annual sales for 2024, specializing in business-to-business distribution, logistics services, and supply chain solutions [5] - The company operates over 700 sites in around 50 countries, providing a comprehensive product and service portfolio across various sectors, including electrical, communications, and utility solutions [5]

Group 1 - Wesco International issued its annual sustainability report outlining key ESG initiatives aimed for completion by 2030, including a 30% reduction in scope 1 and 2 greenhouse gas emissions, a 15% reduction in landfill waste intensity, a 15% reduction in total recordable incident rate, and providing 425,000 hours of safety training to employees [1][2] - The company reported approximately $22 billion in annual sales for 2024 and operates more than 700 sites globally, including distribution and fulfillment centers [3] - Wesco serves a diverse range of customers, including commercial and industrial businesses, contractors, educational institutions, government agencies, technology companies, telecommunications providers, and utilities [3] Group 2 - The Chairman, President, and CEO of Wesco emphasized the company's commitment to sustainability as a continuous journey, expressing confidence in ongoing improvements [2] - Wesco is recognized as a leading provider of business-to-business distribution, logistics services, and supply chain solutions [3] - The company employs approximately 20,000 people and partners with premier suppliers to enhance its service offerings [3]

Group 1: Corporate Social Responsibility Initiatives - The company hosted Day of Caring events to encourage employee community engagement and awareness of local volunteer opportunities, involving nearly 5,000 employees and over 60 nonprofit partners [1] - Employees logged almost 1,000 volunteer hours and donated more than $210,000, with company matches benefiting nearly 200 charities year to date [1] Group 2: Recognition of Employee Contributions - Scott Carstens, Senior Operations Manager, was named the 2025 Wesco Cares Champion of the Year for his commitment to community service [2] - Carstens volunteers with multiple organizations, including Habitat for Humanity and the Wounded Warrior Foundation, and will receive a $2,500 award to donate to a charity of his choice [3] Group 3: Company Overview - Wesco International, a FORTUNE 500® company, reported approximately $22 billion in annual sales for 2024 and provides a wide range of distribution and logistics services [5] - The company employs around 20,000 people and operates over 700 sites in approximately 50 countries, serving various sectors including commercial, industrial, and government [5]

Core Insights - Wesco International announced the promotion of Dirk Naylor to Executive Vice President and General Manager of Communications and Security Solutions, effective June 30, 2025, succeeding William C. Geary II, who resigned to become CEO of a private equity-backed company [1][2]. Company Overview - Wesco International is a leading provider of business-to-business distribution, logistics services, and supply chain solutions, with approximately $22 billion in annual sales in 2024 [4]. - The company employs around 20,000 people and operates over 700 sites in approximately 50 countries, providing a local presence and a global network for its customers [4]. Leadership and Strategic Initiatives - Dirk Naylor has been part of the leadership team since 2005, contributing to key initiatives such as the cross-selling program, the acquisition of Rahi Systems in 2022, and the formation of Wesco Data Center Solutions, along with the acquisition of Ascent, LLC in 2024 [2]. - The Chairman, President, and CEO John Engel highlighted the successful transformation of the global Communications and Security Solutions organization under the leadership of both Naylor and Geary, which has led to exceptional growth and performance [3]. Future Outlook - John Engel expressed confidence in Dirk Naylor's leadership and business acumen, anticipating a positive impact on Wesco as the company capitalizes on secular growth trends to meet the complex needs of global customers [4].

Core Insights - Wesco International has been included in the 2025 Fortune 500 list, ranking 199 overall, highlighting its ongoing value and ingenuity in the business-to-business distribution and logistics sector [1] - The company has been part of the Fortune 500 list since 1998, indicating a long-standing presence and performance in the industry [1] - Wesco's CEO, John Engel, expressed confidence in the company's ability to outperform market trends driven by AI, electrification, automation, and reshoring [1] Company Overview - Wesco International reported approximately $22 billion in annual sales for 2024, positioning itself as a leading provider of distribution, logistics services, and supply chain solutions [3] - The company employs around 20,000 people and operates over 700 sites across approximately 50 countries, providing a robust local and global presence [3] - Wesco offers a diverse portfolio that includes Electrical and Electronic Solutions, Communications and Security Solutions, and Utility and Broadband Solutions, catering to various sectors including commercial, industrial, and government [3] Recent Recognitions - In addition to its Fortune 500 inclusion, Wesco has been recognized on the Fortune World's Most Admired list and The Wall Street Journal's Top 250 Best-Managed Companies list [1] - The company has also been certified as a Great Place to Work in the U.S., reflecting its commitment to employee satisfaction and corporate culture [1]