Welcome to our dedicated page for Wesco Intl news (Ticker: WCC), a resource for investors and traders seeking the latest updates and insights on Wesco Intl stock.
Wesco International supplies business-to-business distribution, logistics services and supply chain solutions for electrical and electronic, communications and security, and utility and broadband markets. Company news commonly covers operating results, organic sales, margins, cash flow, backlog, data center demand, and outlook updates tied to commercial, industrial, technology, telecommunications and utility customers.
Recurring announcements also include common-stock dividends, capital allocation priorities, digital transformation and AI-related initiatives, supplier and customer network capabilities, and governance changes such as finance leadership and board refreshment.
Wesco International (NYSE: WCC) has declared a quarterly cash dividend of $0.45375 per share on its common stock. The dividend will be paid on June 30, 2025, to shareholders of record as of June 13, 2025. Wesco, a FORTUNE 500® company headquartered in Pittsburgh, reported annual sales of approximately $22 billion in 2024. The company is a leading provider of business-to-business distribution, logistics services, and supply chain solutions, operating more than 700 sites across 50 countries with approximately 20,000 employees.
Wesco International (NYSE: WCC) has scheduled its first quarter 2025 earnings conference call for Thursday, May 1 at 9:00 a.m. ET. The company will provide a live audio webcast accessible through their investor relations website, where presentation materials will be available before the event.
The company has also announced its participation in several upcoming industry conferences in May 2025, including:
- Oppenheimer Industrial Growth Conference (May 7)
- Wolfe Research Global Transportation & Industrials Conference (May 20)
- Baird Industrial Distribution Field Trip (May 21)
- KeyBanc Industrials & Basic Materials Conference (May 28)
- Goldman Sachs Leveraged Finance and Credit Conference (May 29)
Wesco International (WCC) has been named to Fortune's World's Most Admired Companies list for 2025, securing the #3 position in the 'Wholesalers: Diversified' category. The company has maintained its presence on this prestigious list since 2022.
The selection process, conducted by Korn Ferry in partnership with Fortune, evaluated over 500 global firms through extensive interviews with senior executives and directors. The final 2025 list features 229 U.S.-based companies, 59 European firms, and 26 from the Asia/Pacific region.
Companies were assessed on multiple criteria, including:
- Global business effectiveness
- Talent attraction and retention
- Financial performance
- Community engagement
Wesco International (NYSE: WCC) has announced its quarterly dividend declarations. The company will pay a cash dividend of $0.45375 per share on common stock to shareholders of record as of March 14, 2025, with payment scheduled for March 31, 2025.
Additionally, the Board declared dividends on the company's 10.625% Series A Fixed-Rate Reset Cumulative Perpetual Preferred Stock, amounting to $664.0625 per preferred share ($0.6640625 per depository share) for Q1 2025, payable March 31, 2025.
Wesco, a FORTUNE 500® company headquartered in Pittsburgh, reported approximately $22 billion in annual sales for 2024. The company operates over 700 sites across 50 countries, employing around 20,000 people and providing business-to-business distribution, logistics services, and supply chain solutions.
Wesco International (NYSE: WCC) has announced that its subsidiary, WESCO Distribution, has priced a private offering of $800 million in senior notes due 2033, increased from the previously announced $600 million. The notes carry a 6.375% interest rate and will be issued at 100% of principal amount, with settlement expected on March 6, 2025.
The net proceeds of approximately $789.5 million will be used to redeem all outstanding 10.625% Series A Preferred Stock and related depositary shares on June 22, 2025, and repay part of its asset-based revolving credit facility. Initially, funds will be used to repay portions of accounts receivable securitization and ABL facilities.
The notes will be unsecured, unsubordinated obligations guaranteed by Wesco and Anixter Inc., offered exclusively to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S.
Wesco International (NYSE: WCC) announced that its subsidiary, WESCO Distribution, plans to offer $600 million in senior notes due 2033 to qualified institutional buyers and non-U.S. persons. The company intends to use the proceeds to:
1. Redeem all outstanding 10.625% Series A Fixed-Rate Reset Cumulative Perpetual Preferred Stock and related depositary shares on June 22, 2025
2. Repay a portion of its asset-based revolving credit facility
3. Initially repay outstanding borrowings under its accounts receivable securitization facility
The notes will be unsecured, unsubordinated debt obligations guaranteed by Wesco and its subsidiary Anixter Inc. Wesco is a FORTUNE 500® company with approximately $22 billion in annual sales in 2024, employing around 20,000 people across more than 700 sites in approximately 50 countries. The company provides business-to-business distribution, logistics services, and supply chain solutions across electrical, communications, utility, and broadband sectors.
Wesco International (NYSE: WCC) has officially joined the U.S. Department of Defense's Military Spouse Employment Partnership (MSEP), marking a significant commitment to supporting military families. The partnership, formalized in an induction ceremony on January 29, 2025, aims to provide career opportunities for military spouses.
MSEP has successfully facilitated the hiring of over 340,000 military spouses since its 2011 inception. This initiative complements Wesco's existing military community support programs, including participation in the Department of Defense's SkillBridge program and the company's Veteran's Opportunity Liaison Team (VOLT) business resource group.
Wesco, a FORTUNE 500® company headquartered in Pittsburgh, reported approximately $22 billion in annual sales in 2024. The company employs around 20,000 people and operates more than 700 sites across 50 countries, providing business-to-business distribution, logistics services, and supply chain solutions.
Wesco International (WCC) reported Q4 2024 results with net sales up 0.5% YOY to $5.5 billion and organic sales growth of 2.4%. The company saw over 70% growth in global Data Center business and 20% growth in Broadband Solutions, partially offset by slowdown in industrial customers and utility business.
Q4 diluted EPS was $3.03, with adjusted diluted EPS of $3.16, up 19% YOY. Full-year 2024 results showed net sales down 2.5% YOY to $21.8 billion, with operating profit of $1.2 billion and operating margin of 5.6%. The company achieved record operating cash flow of $1.1 billion in 2024, up from $493 million in 2023.
For 2025, Wesco expects organic sales growth of 2.5% to 6.5%, operating margin expansion, and free cash flow of $600-800 million. The company plans to increase its common stock dividend by 10% to $1.82 per share while continuing share buybacks.
Wesco International (NYSE: WCC) has scheduled its fourth quarter 2024 earnings conference call for Tuesday, February 11 at 10:00 a.m. ET. The company will provide a live audio webcast of the earnings presentation accessible at investors.wesco.com, where related materials will be available before the presentation and a webcast replay afterward.
Investors can join the call through North American toll-free number (1-877-443-5356) or international line (1-412-902-6614). A recording will be available until February 18, 2025, accessible via U.S., Canadian, and International toll numbers with replay code 3914790.
Additionally, Wesco will participate in upcoming investor events: the Raymond James Institutional Investor Conference on March 4 and the J.P. Morgan Industrials Conference on March 12.