Wesco Intl Stock Price, News & Analysis

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.

Wesco International (NYSE:WCC) has achieved Great Place To Work Certification for the second consecutive year in 2025, with 83% of employees rating it as a great workplace, marking a significant 10-point improvement from 2024's 73% and exceeding the U.S. company average of 57%. The company received notably high scores in key areas, with 90%+ ratings for fair treatment regardless of race, gender, or sexual orientation. Employee feedback highlighted exceptional workplace safety (96%) and flexibility in taking time off (92%). According to Great Place To Work research, job seekers are 4.5 times more likely to find a great boss at Certified workplaces, and employees at these companies are 93% more likely to look forward to work.

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) reported its Q1 2025 results with net sales slightly down 0.1% YOY to $5.34B, while organic sales grew 5.6%. Data center sales surged 70%, with strong performance in Broadband and OEM businesses. The company reported diluted EPS of $2.10 (up 7.7% YOY) and adjusted EPS of $2.21. Gross margin was 21.1%, showing slight declines both sequentially (-10bps) and YOY (-20bps). Operating cash flow was $28M, with plans to redeem preferred stock in June using proceeds from Q1 financing. Despite economic uncertainty, Wesco reaffirmed its full-year 2025 outlook, citing positive momentum with April sales per workday up 7% YOY. The company maintains a strong focus on cross-selling, margin improvement, and tech-enabled business transformation while benefiting from secular growth trends in AI-driven data centers, power generation, and electrification.

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.