WillScot Holdings (WSC) Stock News

WillScot (NASDAQ: WSC), North America's leading provider of temporary space solutions, has been named the presenting sponsor of the Borchetta Bourbon Music City Grand Prix in partnership with Penske Entertainment Corp. The company will serve as the preferred temporary space supplier for NTT INDYCAR SERIES and Indianapolis Motor Speedway races for 2025-2027.

For the Nashville event, WillScot will provide innovative space solutions including a Fan Zone installation featuring a two-story FLEX® modular building with observation deck and modular beverage bar. The event returns to Nashville Superspeedway on Labor Day weekend, with single-day tickets available July 9 and weekend packages currently on sale.

WillScot Holdings Corporation (Nasdaq: WSC) has launched Solar Power by WillScot, an innovative solar energy solution specifically designed for integration with their modular space and storage solutions. This proprietary power system combines immediate energy production with battery storage capabilities, offering customers a sustainable power alternative that can be deployed anywhere their temporary space solutions are needed. The system can function independently or in conjunction with generators and grid power, providing a cost-effective and environmentally friendly energy option without sacrificing performance. According to President and COO Tim Boswell, this innovation aligns with WillScot's industry leadership in turnkey space solutions, enabling customers to reduce emissions, lower operating costs, and save resources while being supported by their local service network. The solution is currently available in select U.S. branch locations with planned market expansion.

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.

WillScot (NYSE: WSC) reported its Q1 2025 financial results, generating revenue of $560 million and net income of $43 million. Key highlights include:

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.