STOCK TITAN

WillScot Holdings Corporation - WSC STOCK NEWS

Welcome to our dedicated page for WillScot Holdings Corporation news (Ticker: WSC), a resource for investors and traders seeking the latest updates and insights on WillScot Holdings Corporation stock.

WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) is a prominent business services provider headquartered in Phoenix, Arizona. Specializing in innovative and flexible temporary space solutions, WillScot Mobile Mini combines over 50 years of experience with a diverse range of products to meet the needs of various industries.

The company operates primarily in two segments: Modular Solutions and Storage Solutions. The Modular Solutions segment, which generates the majority of the company's revenue, includes modular office complexes, mobile offices, classrooms, temporary restrooms, clearspan structures, and blast protective and climate-controlled units. In addition, their Storage Solutions segment offers portable storage containers, climate-controlled storage units, and a thoughtfully curated selection of furnishings, appliances, and other turnkey services.

WillScot Mobile Mini serves a wide array of markets, including construction, education, energy, industrial, commercial/retail, healthcare, and government sectors. The company boasts a robust network of approximately 240 branch locations and additional drop lots across the United States, Canada, and Mexico, allowing them to ensure timely and efficient service.

Recent achievements highlight the company's strong financial performance and strategic growth initiatives. In Q3 2023, WillScot Mobile Mini reported record Free Cash Flow of $148 million, driven by robust pricing and Value-Added Products (VAPS) penetration. The company also successfully reinvested $494 million in tuck-in acquisitions, enhancing its portfolio with North America's leading cold storage leasing platform and a premium large clearspan structures platform, positioning it for continued growth.

Moreover, WillScot Mobile Mini recently announced a definitive agreement to acquire McGrath RentCorp, a transaction expected to close in the second quarter of 2024. This acquisition aims to expand the company's geographic footprint and diversify its platform, thus providing enhanced value to more than 85,000 customers.

For further information, visit the company’s website at www.willscotmobilemini.com.

Rhea-AI Summary

WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) announced an investor day on November 8, 2021, in New York City, starting at 1:00 p.m. EST. The company will provide updates on strategic initiatives, and a live webcast will be available for those unable to attend in person. Interested parties can access the webcast through the Investor Relations site. WillScot Mobile Mini specializes in flexible workspace and portable storage solutions across various sectors, with over 275 locations in North America and beyond.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.22%
Tags
conferences
-
Rhea-AI Summary

WillScot Mobile Mini Holdings Corp. (WSC) has successfully acquired Sommer’s Mobile Leasing, Inc., enhancing its modular and storage solutions in Ohio and West Virginia. The $ acquisition of approximately 1,200 modular units and 500 storage units consolidates WillScot's presence in these markets, thus positioning the Company for further growth. CEO Brad Soultz emphasized the strategic alignment with the company’s M&A strategy, aiming to leverage technology and operational best practices to benefit shareholders.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.72%
Tags
-
Rhea-AI Summary

WillScot Mobile Mini Holdings Corporation (WSC) will release its third quarter 2021 financial results on November 4, 2021, after market close. A conference call to discuss these results will be hosted on November 5, 2021, at 10:00 a.m. EDT, featuring CEO Brad Soultz and CFO Tim Boswell. Investors can access the call by dialing (855) 312-9420 for US/Canada or (210) 874-7774 internationally, or via a live webcast on the company’s website. WillScot provides flexible workspace and portable storage solutions with about 275 locations across North America and the UK.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.39%
Tags
none
Rhea-AI Summary

WillScot Mobile Mini Holdings Corp. (WSC), a leader in modular space and portable storage, will participate in a live discussion with Thompson Research Group on October 5, 2021, at 1:30 p.m. EDT. CEO Brad Soultz and CFO Tim Boswell will address the current state of the business during this event. Headquartered in Phoenix, Arizona, WillScot Mobile Mini operates around 275 branch locations, serving diverse sectors across the U.S., Canada, Mexico, and the U.K. For more information, visit www.willscotmobilemini.com.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.1%
Tags
conferences
-
Rhea-AI Summary

WillScot Mobile Mini Holdings (WSC) will present at the 2021 Deutsche Bank Leveraged Finance Conference on October 4, 2021, at 1:15 p.m. EDT. Tim Boswell, President & Chief Financial Officer, will lead the presentation and host private meetings at this significant event. Headquartered in Phoenix, Arizona, the company is a top provider of modular space and portable storage solutions, operating approximately 275 branch locations across North America, Mexico, and the UK.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.1%
Tags
conferences
-
Rhea-AI Summary

WillScot Mobile Mini Holdings Corp. (WSC) has completed acquisitions of American Mobile Leasing, Equipe Container Services, and Saf-T-Box, enhancing its modular space and portable storage portfolio. These transactions add approximately 11,000 storage units across the U.S., funded with cash and credit. CEO Brad Soultz emphasized the strategic fit and seamless integration of these companies, positioning WillScot for further growth in key markets. The acquisitions reflect the company’s commitment to organic and inorganic growth, aiming to amplify returns through technology and operational best practices.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.89%
Tags
Rhea-AI Summary

WillScot Mobile Mini (Nasdaq: WSC) announced the closure of an underwritten secondary offering of 21,410,019 shares at $28.50 per share, solely by TDR Capital. The Company did not participate in this offering and received no proceeds. Additionally, WillScot Mobile Mini repurchased 2,379,839 shares from the seller. Post-offering, 223,993,904 shares remain outstanding, with nearly all held by non-affiliates. The resignation of Board member Stephen Robertson marks a significant leadership shift, allowing for potentially enhanced governance as the company focuses on growth.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.85%
Tags
none
-
Rhea-AI Summary

On September 13, 2021, WillScot Mobile Mini Holdings Corp. (Nasdaq: WSC), a top North American provider of modular space and storage solutions, announced that CEO Brad Soultz and CFO Tim Boswell will host private meetings at the DA Davidson Diversified Industrials & Services Conference on September 22, 2021.

Headquartered in Phoenix, Arizona, WillScot Mobile Mini operates approximately 275 locations across the U.S., Canada, Mexico, and the U.K., offering innovative workspace and portable storage solutions to various market sectors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.84%
Tags
conferences
-
Rhea-AI Summary

WillScot Mobile Mini Holdings Corp. (WSC) announced that President & CFO Tim Boswell will present and conduct private meetings at the 2021 Morgan Stanley Virtual Laguna Conference on September 14, 2021, at 2:15 p.m. EDT. The company, based in Phoenix, Arizona, specializes in turnkey modular space and portable storage solutions, serving diverse markets through around 275 branch locations across the U.S., Canada, Mexico, and the UK. More information is available at willscotmobilemini.com.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.66%
Tags
conferences
Rhea-AI Summary

WillScot Mobile Mini Holdings Corp. (WSC) announced the pricing of a secondary offering of 21,410,019 shares at $28.50 each, managed by Sapphire Holding S.à r.l., controlled by TDR Capital. The offering will close on September 14, 2021, with no proceeds going to the company. Additionally, WillScot will repurchase 2,379,839 shares from the Selling Stockholder at the offering price, funded through the ABL Credit Facility. Forward-looking statements caution regarding market conditions and potential changes to the offering size.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.66%
Tags
none

FAQ

What is the current stock price of WillScot Holdings Corporation (WSC)?

The current stock price of WillScot Holdings Corporation (WSC) is $36.3 as of November 22, 2024.

What is the market cap of WillScot Holdings Corporation (WSC)?

The market cap of WillScot Holdings Corporation (WSC) is approximately 6.7B.

What does WillScot Mobile Mini Holdings Corp. do?

WillScot Mobile Mini Holdings Corp. provides innovative and flexible temporary space and storage solutions, serving a wide range of industries through its Modular and Storage Solutions segments.

Where is WillScot Mobile Mini Holdings Corp. headquartered?

The company is headquartered in Phoenix, Arizona.

What are the main segments of WillScot Mobile Mini Holdings Corp.?

The main segments are Modular Solutions and Storage Solutions.

Which markets does WillScot Mobile Mini serve?

The company serves the construction, education, energy, industrial, commercial/retail, healthcare, and government sectors.

How many branch locations does WillScot Mobile Mini operate?

WillScot Mobile Mini operates approximately 240 branch locations across the United States, Canada, and Mexico.

What recent achievements has WillScot Mobile Mini reported?

In Q3 2023, the company reported record Free Cash Flow of $148 million and reinvested $494 million in tuck-in acquisitions.

What is the significance of the McGrath RentCorp acquisition?

The acquisition of McGrath RentCorp aims to expand WillScot Mobile Mini’s geographic footprint, diversify its platform, and provide enhanced value to over 85,000 customers.

How can I access the latest news and updates about WillScot Mobile Mini?

You can access the latest news and updates on the company’s website at www.willscotmobilemini.com.

What products does WillScot Mobile Mini offer?

The company offers modular office complexes, mobile offices, classrooms, temporary restrooms, portable storage containers, climate-controlled storage units, clearspan structures, and various Value-Added Products and services.

Who are the key leaders of WillScot Mobile Mini?

Key leaders include Chief Executive Officer Brad Soultz and President and Chief Financial Officer Tim Boswell.

WillScot Holdings Corporation

Nasdaq:WSC

WSC Rankings

WSC Stock Data

6.71B
179.57M
2.68%
108.57%
7.27%
Rental & Leasing Services
Services-miscellaneous Equipment Rental & Leasing
Link
United States of America
PHOENIX