Welcome to our dedicated page for WillScot Holdings news (Ticker: WSC), a resource for investors and traders seeking the latest updates and insights on WillScot Holdings stock.
WillScot Holdings Corporation provides temporary space, modular building and storage solutions for customers across North America. Company news commonly covers quarterly results, full-year outlook updates, leasing and services revenue, Adjusted EBITDA, free cash flow, unit activations, order activity and capital spending tied to its temporary space platform.
WillScot updates also address quarterly cash dividends, investor conference participation and product expansion across its portfolio of modular complexes, mobile offices, classrooms, portable storage, climate-controlled units, blast-resistant buildings, clearspan structures, temporary restrooms, furnishings and fencing and perimeter-security solutions. Its operating coverage spans the United States, Canada and Mexico and serves sectors including construction, manufacturing, healthcare, government, energy and education.
WillScot Holdings Corporation (Nasdaq: WSC), a leader in temporary space solutions, has announced its participation in three major investor conferences in June 2025:
- Stifel Cross Sector Insights Conference in Boston on June 3, 2025
- Baird Global Consumer, Tech & Services Conference in New York on June 4, 2025
- Wells Fargo Industrials & Materials Conference in Chicago on June 10, 2025
Portfolio managers and analysts interested in meeting with WillScot representatives should contact their sales representatives at the respective sponsoring firms.
WillScot (Nasdaq: WSC) has announced a strategic partnership with Penske Entertainment Corp. to become an official partner of INDYCAR and Indianapolis Motor Speedway (IMS). The three-year partnership, spanning from 2025 to 2027, positions WillScot as the preferred supplier of temporary turnkey space solutions during NTT INDYCAR SERIES and IMS races.
The collaboration includes providing mobile offices, storage containers, climate-controlled storage, clearspan structures, and perimeter solutions for race events. This partnership aligns with WillScot's strategy to expand its presence in the professional events sector while supporting IMS, which hosts the Indianapolis 500 Mile Race, NASCAR, and other prestigious racing events.
The company achieved a gross profit margin of 53.7% and Adjusted EBITDA of $229 million at a 40.9% margin. Monthly rates increased by 5.2% for modular space and 1.9% for portable storage units. WillScot returned $45 million to shareholders through share repurchases ($32 million) and dividends ($13 million).
Despite some revenue decline from Q1 2024, management reaffirmed their FY 2025 outlook with projected revenue of $2,275-$2,475 million and Adjusted EBITDA of $1,000-$1,090 million. The company's pending order book is up 7% year-over-year, and they maintain their three-to-five year targets of $3 billion in revenue, $1.5 billion in Adjusted EBITDA, and $700 million in Adjusted Free Cash Flow.
WillScot (Nasdaq: WSC), a leader in temporary space solutions, has announced a quarterly cash dividend of $0.07 per common share. The dividend will be distributed on June 18, 2025, to shareholders who are on record as of the close of business on June 4, 2025.
WillScot Holdings (Nasdaq: WSC), a leader in innovative temporary space solutions, has announced its participation in three major investor conferences in May 2025:
- Barclays Americas Select Franchise Conference on May 6, 2025, in London, UK
- Oppenheimer 20th Annual Industrial Growth Conference on May 7, 2025 (Virtual)
- Bank of America Industrials, Transportation & Airlines Key Leaders Conference on May 14, 2025, in New York
Portfolio managers and analysts interested in meetings should contact their sales representatives at the sponsoring firms.
WillScot Holdings (Nasdaq: WSC), a leader in temporary flexible space solutions, has scheduled its first quarter 2025 financial results announcement for May 1, 2025, after market close. The company will host a conference call and webcast at 5:30 p.m. EDT on the same day to discuss the results.
Participants are encouraged to dial in 15 minutes before the scheduled start time to avoid delays. A live webcast will be available through the company's website investor section, with an archived version accessible for 12 months following the call.
WillScot Holdings (Nasdaq: WSC) has successfully completed its previously announced consent solicitations for amendments to indentures governing two series of senior secured notes. The company received approvals from holders representing 88% of the $500 million 6.625% Senior Secured Notes due 2029 and 83% of the $500 million 7.375% Senior Secured Notes due 2031.
The required threshold for approval was 66 2/3% for both note series. As compensation, WillScot will pay consenting noteholders aggregate cash consideration of $500,000, equivalent to approximately $0.57 per $1,000 of 2029 Notes and $0.60 per $1,000 of 2031 Notes. Payment is expected as early as March 24, 2025.
WillScot Holdings (Nasdaq: WSC) announced significant changes to its Board of Directors. The Board unanimously nominated Dominick (Nick) Zarcone for election at the 2025 Annual Meeting, marking the fourth new independent director addition in three years.
Current Chairman Erik Olsson will retire following his five-year tenure, with Worthing Jackman appointed as the new non-executive, independent Chairman. CEO Brad Soultz highlighted Zarcone's public company executive leadership and finance expertise as valuable additions to the Board.
The company recently outlined growth strategies at their investor day, projecting free cash flow of $4 to $6 per share in the next three to five years through margin expansion and operational enhancements. TOMS Capital Investment Management (TCIM), a significant shareholder, expressed confidence in WillScot's industry leadership and future direction.
WillScot (Nasdaq: WSC) has announced modifications to its consent solicitations for amendments to its senior secured notes. The company is seeking consent from holders of 6.625% Senior Secured Notes due 2029 and 7.375% Senior Secured Notes due 2031.
The consent solicitations require approval from at least 66 2/3% of holders for each note series. The company will pay a consent fee of $250,000 for each note series, to be allocated pro rata among consenting holders. For each $1,000 principal amount, the fee will be $0.5 multiplied by a fraction based on outstanding notes and valid consents.
The solicitations will expire on March 21, 2025 at 5:00 p.m., New York City time. Non-consenting holders will not receive the fee but will be bound by the amendments if approved.