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 (Nasdaq: WSC) is described by the company as the premier provider of temporary and flexible space solutions in North America. Its news flow offers insight into how this modular and portable space business evolves over time, from financial performance and capital allocation to leadership changes and credit facility developments.
On this page, readers can review WillScot news covering quarterly earnings results, updates to full-year outlooks, and detailed discussions of revenue mix across modular space leasing, portable storage leasing, value-added products and services, delivery and installation, and unit sales. The company’s releases often include commentary on Adjusted EBITDA, Adjusted Free Cash Flow, Net CAPEX, and Net Debt to Adjusted EBITDA, along with explanations of how these non-GAAP measures are used.
News items also highlight dividend declarations, share repurchase activity, and tuck-in acquisitions, as well as amendments to the company’s asset-based revolving credit facility that affect borrowing costs, maturity dates, and available capacity. Governance and leadership updates, such as CEO succession plans, the appointment of an Executive Chair and Lead Independent Director, and changes in the Chief Accounting Officer role, are reported through both press releases and related Form 8-K filings.
Investors and followers of WSC can use this news feed to track how WillScot describes its strategic priorities, including network optimization initiatives, real estate footprint evaluations, and focus areas such as Enterprise Accounts and differentiated service offerings. For those monitoring temporary space and modular building companies, this page provides a centralized view of WillScot’s publicly released developments over time.
WillScot Holdings (Nasdaq: WSC), a leader in innovative temporary flexible space solutions, has scheduled its fourth quarter 2024 financial results announcement for February 20, 2025, after market close. The company's management will host a conference call and webcast on the same day at 5:30 p.m. EST 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 A live webcast will be available through the company's investor relations website, and an archived version will remain accessible for 12 months following the call.
WillScot Holdings (Nasdaq: WSC) has become the preferred temporary space provider for the Los Angeles Rams, completing a state-of-the-art practice facility in Woodland Hills. The 65,000-square-foot facility, developed between February and August 2024, showcases WillScot's prefabricated, relocatable structures.
The facility features coaches' offices, team meeting rooms with advanced technology, athletic training spaces, locker rooms, a media room, and a meal room. WillScot teams from two Southern California offices managed the project, configuring and installing the space in just two and a half months for the 2024 season.
This partnership builds on WillScot's previous collaboration with the Rams, including their 2016 temporary office facility in Thousand Oaks. WillScot manages approximately 135 million square feet of relocatable space for 85,000 customers across North America.
WillScot Holdings Corp. (Nasdaq: WSC), a leader in flexible space solutions, has announced it will host an investor day event on March 7, 2025, in Phoenix, Arizona. The event will commence at 9:00 a.m. MST, with invitations to be distributed to investors at a later date. Additionally, the company has reaffirmed its previously stated Fiscal Year 2024 guidance, maintaining its financial outlook.
WillScot (Nasdaq: WSC) announced key executive leadership changes effective January 1st, 2025. Tim Boswell, current President and CFO, will transition to the newly created role of Chief Operating Officer, overseeing long-term strategic initiatives and execution across WillScot's portfolio. Matt Jacobsen, Senior Vice President of Finance, has been promoted to Chief Financial Officer.
The transitions follow a twelve-month comprehensive evaluation of strategy and leadership structure with the Board and external advisors. CEO Brad Soultz emphasized these changes aim to better position the company for scaling and growth while delivering value for stakeholders. Jacobsen's promotion comes after a thorough search process that included both internal and external candidates, highlighting his 14-year tenure with WillScot and expertise in reporting, data analytics, capital markets, M&A, and systems integration.
WillScot Holdings (Nasdaq: WSC), a leading provider of temporary flexible space solutions, has announced its participation in the upcoming Oppenheimer Midwest Virtual Summit scheduled for December 11, 2024. The company has invited interested portfolio managers and analysts to arrange meetings through their Oppenheimer sales representatives.
WillScot Holdings (Nasdaq: WSC), a leading provider of temporary flexible space solutions, has announced its participation in the upcoming Baird Global Industrial Conference. The event is scheduled for November 12, 2024, in Chicago, IL. Interested portfolio managers and analysts seeking meetings are advised to contact their sales representatives at Baird.
WillScot (WSC) reported Q3 2024 results with revenue of $601 million and Adjusted EBITDA of $267 million, up 1% year-over-year. The company posted a loss from continuing operations of $70 million, including a $180 million McGrath RentCorp merger termination fee. Adjusted EBITDA Margin expanded to 44.4%, up 50 basis points year-over-year. The company generated Adjusted Free Cash Flow of $143 million at a 24% margin and maintained leverage at 3.4x. WillScot updated its FY 2024 Adjusted EBITDA outlook to $1,050-1,070 million, citing headwinds in non-residential construction affecting top-line revenue.
WillScot Holdings (Nasdaq: WSC) has announced the appointment of Worthing Jackman to its Board of Directors, effective October 22, 2024. This appointment is part of the company's ongoing board refreshment efforts, aimed at enhancing and diversifying skills, expertise, and knowledge. Mr. Jackman, described as a seasoned leader with a proven track record of long-term growth and shareholder value creation, brings extensive operational expertise and capital markets leadership to the board.
Erik Olsson, Chairman of WillScot, and Brad Soultz, CEO, both expressed their enthusiasm for Mr. Jackman's appointment, highlighting his diversified leadership experience and expertise in strategy, finance, and organizational development within the industrial services sector. Mr. Jackman will serve as a member of the Audit Committee, further supporting WillScot's efforts to drive profitable growth and enhance stakeholder value.
WillScot Holdings (Nasdaq: WSC), a leader in innovative temporary flexible space solutions, has announced that it will release its third quarter 2024 financial results on October 30, 2024, after market close. The company will host a conference call and webcast on the same day at 5:30 p.m. ET to discuss the results.
CEO Brad Soultz and President and CFO Tim Boswell will lead the call. Participants can access the live call by phone through a registration link provided in the press release. To avoid delays, it is recommended to dial in 15 minutes before the scheduled start time. A live webcast will also be available through the company's website, with an archived version accessible for 12 months following the call.
McGrath RentCorp (Nasdaq: MGRC) has confirmed the termination of its pending merger with WillScot Holdings (Nasdaq: WSC). As per the agreement, McGrath will receive a $180 million termination fee from WillScot. The company's Board has increased the share repurchase authorization to 2 million shares. McGrath plans to provide updates on its financial outlook, business strategy, and capital allocation during its third-quarter earnings conference call on October 24, 2024.
CEO Joseph Hanna emphasized the company's commitment to growth through customer-first approach and executing their standalone strategy. McGrath will continue to focus on modular and portable storage growth opportunities, including expanded service offerings like Mobile Modular Plus, Site Related Services, and new modular equipment sales. The company aims to increase its customer base and geographic coverage while maintaining its 33-year track record of consecutive dividend increases.