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Wesco Intl - WCC STOCK NEWS

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.

Overview

Wesco International is a globally recognized business-to-business distributor, building a legacy of excellence since 1922. As a key provider of supply chain solutions and industrial distribution, Wesco serves customers across electrical, communications, and utility sectors with an expansive product portfolio and innovative logistics services. With a focus on quality and reliability, the company leverages its extensive network of branches, warehouses, and distribution centers to deliver prompt access to millions of products from industry-leading brands.

Core Business Areas

Wesco International operates through three reportable segments:

  • Electrical and Electronic Solutions: This segment caters to the needs of industrial customers and OEMs by supplying high-quality electrical products, ensuring that projects from small installations to major industrial endeavors are well-supported.
  • Communications and Security Solutions: Focusing on the critical infrastructure of modern businesses, this segment provides advanced products and digital services that enhance security systems and facilitate reliable communications.
  • Utility and Broadband Solutions: Serving both commercial and governmental entities, this segment offers comprehensive services and solutions to meet the needs of an increasingly data-driven and connected world.

Market Position and Global Reach

Headquartered in Pittsburgh, Pennsylvania, Wesco International has cultivated a robust global presence with an impressive network of branches and distribution centers across multiple countries. This widespread footprint ensures that customers ranging from Fortune 500 companies to small businesses receive tailored supply chain support and technical expertise. By partnering with premier suppliers and leveraging world-class digital capabilities, Wesco maintains operational excellence and a competitive edge in an evolving industry landscape.

Operational Excellence and Digital Transformation

Committed to operational efficiency and customer satisfaction, Wesco International has consistently invested in technology and business transformation initiatives. The company’s digital integration enhances order fulfillment, working capital management, and overall supply chain visibility, enabling more effective and responsive service to its varied customer base. With strong operational protocols and a dedicated team of experienced professionals, Wesco ensures that complex projects are managed seamlessly from inception to completion.

Strategic Business Practices

Wesco International’s business model is defined by its strategic approach to capital allocation, focused acquisitions and divestitures, and continuous enhancements in digital transformation. By prioritizing core strengths while streamlining its portfolio, the company creates a foundation for resilient operational practices and sustained value creation. Its diverse product range and service offerings underline its role as a trusted intermediary in the industrial distribution and supply chain sectors.

Customer Focus and Industry Expertise

The firm’s commitment to delivering tailored solutions is reflected in its long-standing relationships with customers and suppliers alike. Wesco’s willingness to adapt to market trends and invest in technical expertise positions it as a valuable partner in addressing the complex needs of modern infrastructure projects. This robust customer focus, combined with decades of industry experience, reinforces Wesco’s reputation for reliability, responsiveness, and operational precision.

Conclusion

In summary, Wesco International builds, connects, powers, and protects the world by offering end‐to‐end supply chain solutions that meet a wide array of customer requirements. Its deep industry knowledge, expansive operational footprint, and commitment to technological advancement make it a significant player in the global industrial distribution arena. The company’s continuous investment in digital capabilities and process improvements further underscores its dedication to delivering high-quality service and innovative supply chain solutions.

Rhea-AI Summary
Oldcastle BuildingEnvelope, Inc. announced CEO Bruno Biasiotta stepping down for health reasons. CFO Mike Marcely appointed as Interim CEO. Steve Dean named President. Positive growth under Biasiotta's leadership acknowledged by KPS Capital Partners.
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Wesco International (NYSE: WCC) declares quarterly cash dividend for common stock and preferred stock. The common stock dividend is $0.4125 per share, payable on March 29, 2024. The preferred stock dividend is $664.0625 per share, payable on April 1, 2024.
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Wesco International has been named to Fortune's World's Most Admired Companies list for the third consecutive year, ranking #2 in the Wholesalers: Diversified category in 2024. Wesco's commitment to social responsibility and sustainability, along with its high-performance culture, has contributed to its success.
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WESCO International, Inc. announces the pricing of $900 million 5-Year Notes and $850 million 8-Year Notes offering by its subsidiary, WESCO Distribution, Inc. The net proceeds are estimated at approximately $1,728.4 million, to be used for redeeming existing notes and general corporate purposes.
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WESCO International, Inc. announces a $1.5 billion offering of senior notes due 2029 and 2032 to redeem existing notes, with guarantees from Wesco and Anixter Inc. The offering targets qualified institutional buyers and non-U.S. persons under Rule 144A and Regulation S.
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Vallen Distribution acquires Wesco Integrated Supply to enhance supply chain solutions, expand offerings, and drive success for customers and suppliers worldwide.
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Wesco International (WCC) sells its Wesco Integrated Supply business to Vallen Distribution for $350 million to reduce debt and repurchase shares. The divested business had $784 million in annual net sales in 2023.
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Wesco International (WCC) reports fourth-quarter net sales down 2% YOY, organic sales down 3%. Full-year net sales up 5% YOY, operating profit of $1.4 billion. Adjusted EBITDA margin at 7.6%, down 50 basis points YOY. 2024 outlook projects sales growth of 1% to 4% and adjusted EBITDA margin of 7.5% to 7.9%. Free cash flow expected to be $600 - $800 million.
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Wesco International (WCC) will hold its fourth quarter and full year 2023 earnings conference call on February 13 at 10:00 a.m. ET. The company will also be participating in several investor conferences in March. Dial-in details for the earnings call and access to the webcast are provided in the press release.
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Wesco International, Inc. (WCC) has been named among America's Most Responsible Companies for 2024, presented by Newsweek and Statista. This is the second consecutive year for the company to receive this recognition, highlighting its commitment to responsible business practices.
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FAQ

What is the current stock price of Wesco Intl (WCC)?

The current stock price of Wesco Intl (WCC) is $165.27 as of March 7, 2025.

What is the market cap of Wesco Intl (WCC)?

The market cap of Wesco Intl (WCC) is approximately 8.5B.

What is Wesco International's core business?

Wesco International is a global distributor that provides end-to-end supply chain solutions, specializing in electrical and electronic, communications and security, and utility and broadband solutions.

How does Wesco generate its revenue?

The company generates revenue through business-to-business distribution, offering products and integrated logistics services to a diverse customer base including OEMs, contractors, and government agencies.

What industries does Wesco serve?

Wesco serves a wide spectrum of industries including industrial, commercial, residential, telecommunications, and government sectors, ensuring diverse applications of its supply chain solutions.

How extensive is Wesco International's global network?

Wesco operates hundreds of branches and numerous distribution centers across more than 50 countries, which enables it to provide localized support and global supply chain services.

What differentiates Wesco from its competitors?

Wesco's long history, comprehensive product portfolio, deep technical expertise, and commitment to digital transformation and operational excellence set it apart in the industrial distribution arena.

What are the main reportable segments of Wesco International?

The company operates through three main segments: Electrical and Electronic Solutions, Communications and Security Solutions, and Utility and Broadband Solutions.

How does digital transformation play a role in Wesco's operations?

Wesco leverages advanced digital tools to optimize order fulfillment, supply chain management, and customer service, which enhances efficiency and enables tailored solution delivery.

What types of customers rely on Wesco International?

Wesco serves a diverse client base, ranging from Fortune 500 companies to small businesses, across sectors such as industrial, commercial, government, and educational institutions.
Wesco Intl

NYSE:WCC

WCC Rankings

WCC Stock Data

8.53B
47.42M
1.67%
93.74%
2.21%
Industrial Distribution
Wholesale-electrical Apparatus & Equipment, Wiring Supplies
Link
United States
PITTSBURGH