Wesco Intl Stock Price, News & Analysis

Genpact (NYSE: G) announced that Wesco has successfully modernized its accounts payable operations using the Genpact AP Suite. The transformation, which began four years ago, has achieved significant results with 40% of Wesco's 3 million annual invoices now processed without human intervention.

The implementation includes specialized AI agents for data extraction, exception handling, duplication detection, and helpdesk support. Wesco, which generated $22 billion in annual sales in 2024, has experienced improved invoice extraction accuracy, reduced manual workloads, and gained real-time visibility into process health through advanced dashboards.

Wesco International (NYSE: WCC), a FORTUNE 500® company, has declared a quarterly cash dividend of $0.45375 per share on its common stock. The dividend will be paid on September 30, 2025, to shareholders of record as of September 12, 2025.

Wesco, headquartered in Pittsburgh, Pennsylvania, is a leading provider of business-to-business distribution and supply chain solutions, with approximately $22 billion in annual sales in 2024. The company employs around 20,000 people and operates over 700 sites across approximately 50 countries, offering solutions in Electrical and Electronic, Communications and Security, and Utility and Broadband sectors.

["Consistent dividend payment demonstrates financial stability", "Strong market presence with $22 billion in annual sales", "Extensive global footprint with 700+ sites in 50 countries"]

Wesco International (NYSE: WCC) has appointed Daniel "Danny" Castillo as Executive Vice President and General Manager of its Electrical and Electronic Solutions (EES) strategic business unit, effective September 1, 2025. Castillo, who previously served as executive vice president at Brinks, Inc., succeeds retiring Nelson Squires.

The appointment comes as EES reported 6% year-over-year sales growth in Q2, driven by strong OEM and Construction performance, along with Industrial growth recovery. The business unit is benefiting from secular growth trends including electrification, AI-driven data centers, automation, IoT, and North American reshoring initiatives.

Wesco International (NYSE: WCC) reported strong Q2 2025 results with net sales up 7.7% year-over-year to $5.9 billion. Organic sales grew 7.2% YOY and 6.2% sequentially, driven by strong performance in data center sales which exceeded $1 billion, up approximately 65% YOY.

The company achieved Q2 EBITDA margin of 6.7%, up 90 basis points sequentially, and reported diluted EPS of $3.83. Adjusted diluted EPS increased 6% YOY to $3.39. Notably, Wesco completed the redemption of its preferred stock in June, improving cash flow and EPS run rates.

Based on positive momentum through the first seven months of 2025, including preliminary July sales per workday up approximately 10% YOY, Wesco raised its full-year organic sales growth outlook while maintaining its EPS mid-point guidance.

Wesco International (NYSE: WCC) has scheduled its second quarter 2025 earnings conference call for Thursday, July 31 at 10:00 a.m. ET. The company will provide a live audio webcast accessible through their investor relations website at investors.wesco.com, where presentation materials will be available before the event.

Investors can join via phone using the toll-free number 1-877-443-5356 for North America or 1-412-902-6614 for international calls. A replay will be available until August 7, 2025, accessible through various regional numbers with replay code 1483364.

Wesco International (NYSE:WCC), a business-to-business distribution and logistics services provider, has released its 2025 sustainability report outlining the company's ESG initiatives and progress. The report details the company's commitment to achieving several environmental and safety goals by 2030, including a 30% reduction in scope 1 and 2 GHG emissions, a 15% reduction in landfill waste intensity, a 15% decrease in total recordable incident rate, and providing 425,000 hours of safety training to employees.

Chairman, President and CEO John Engel expressed confidence in the company's continued progress in sustainability initiatives.

Wesco (NYSE:WCC) hosted its annual Day of Caring events globally on June 19, 2025, demonstrating its commitment to community service. The company engaged nearly 5,000 employees and over 60 nonprofit partners, with employees logging almost 1,000 volunteer hours and donating more than $210,000 with company matches year to date, benefiting nearly 200 charities.

Scott Carstens, Senior Operations Manager at Wesco's Charlotte facility, was named the 2025 Wesco Cares Champion of the Year. A U.S. Marine Corps veteran with 27 years of service, Carstens will receive a $2,500 award to donate to an eligible charity of his choice in recognition of his extensive volunteer work with various organizations.

Wesco International (NYSE: WCC) has announced the promotion of Dirk Naylor to Executive Vice President and General Manager of Communications and Security Solutions (CSS), effective June 30, 2025. Naylor, who has been with the company's leadership since 2005, replaces William C. Geary II, who resigned to become CEO of a private equity-backed company. During his tenure, Naylor played key roles in various CSS initiatives, including cross-selling programs and significant acquisitions like Rahi Systems (2022) and Ascent, LLC (2024). Previously, he served as Senior Vice President and General Manager, USA and Global Accounts. CEO John Engel expressed confidence in Naylor's leadership abilities and track record of profitable sales growth to drive Wesco's continued expansion in serving global customers' complex needs.

Wesco International (NYSE: WCC), a B2B distribution and logistics services provider, has secured the #199 position on the 2025 Fortune 500® list, maintaining its presence since 1998. CEO John Engel highlighted the company's culture of excellence and expressed confidence in outperforming markets, citing growth drivers including AI-driven data centers, power generation, electrification, automation, and reshoring trends. The company has also garnered recognition on Fortune World's Most Admired list, The Wall Street Journal Top 250 Best-Managed Companies list, and achieved Great Place to Work certification in the U.S.