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WCC News and Press, WESCO International Inc. From 08/22/22

Stock Information

Company Name: WESCO International Inc.
Stock Symbol: WCC
Market: NYSE
Website: wesco.com

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WCC - WESCO: Cross-Sell Opportunities And Low Valuation Can Dispel Cash Flow Pressure

WESCO International increases the FY2023 cross-sell synergies target by 40% cumulatively. Recently, it has undertaken a $1 billion share repurchase program. Supply chain disruptions and creeping uncertainties over the economy's performance can affect business sentiment in the shor...

WCC - WESCO International: Revising My Expectations Higher

WESCO International has done really well in recent months, with strong fundamental performance pushing sales and profits higher. The company is particularly cheap on an absolute basis if we assume that 2022 forecasts turn out to be accurate. Though not the best prospect around, th...

WCC - WESCO International, Inc. (WCC) CEO John Engel on Q2 2022 Results - Earnings Call Transcript

WESCO International, Inc. (WCC) Q2 2022 Results Conference Call August 04, 2022 10:00 AM ET Company Participants Scott Gaffner - SVP, IR John Engel - Chairman, President & CEO David Schulz - EVP, CFO Conference Call Participants David Manthey - Ba...

WCC - WESCO Non-GAAP EPS of $4.19 beats by $0.26, revenue of $5.48B beats by $170M

WESCO press release ( NYSE: WCC ): Q2 Non-GAAP EPS of $4.19 beats by $0.26 . Revenue of $5.48B (+19.1% Y/Y) beats by $170M . Record adjusted EBITDA of $444 million, up 44% YOY; record adjusted EBITDA margin of 8.1%, up 140 basis points YOY and 70 basis points s...

WCC - Wesco International Reports Second Quarter 2022 Results

Record net sales of $5.5 billion, up 19% YOY Organic sales growth of 21% Record backlog as of June 30, 2022, up more than 80% YOY and up approximately 10% sequentially Record operating profit of $371 million, up 69% YOY; operating margin of 6.8%, up 200 b...

WCC - WESCO Q2 2022 Earnings Preview

WESCO ( NYSE: WCC ) is scheduled to announce Q2 earnings results on Thursday, August 4th, before market open. The consensus EPS Estimate is $3.93 (+48.9% Y/Y) and the consensus Revenue Estimate is $5.31B (+15.4% Y/Y). Over the last 2 years, WCC has beaten EPS estimat...

WCC - Ruth's replaces Dave & Buster's in Raymond James favorites

Raymond James updated its list of analyst favorite stocks with a swap in the restaurant subsector. Analysts can only have one favorite idea among the stocks they cover rated Strong Buy or Outperform. Ruth's Hospitality Group ( NASDAQ: RUTH ) makes it onto the Analysts Cu...

WCC - Wesco Announces Second Quarter 2022 Earnings Call and Investor Day

Wesco International (NYSE: WCC) will hold its second quarter 2022 earnings conference call on Thursday, August 4, at 10:00 a.m. ET. Dial-in details are below. The live audio webcast and presentation slides of the earnings call will be accessible on the investor relations section of Wesc...

WCC - 100 Years and Thriving: Wesco Announces Wesco Cares and Makes $5M Commitment to Community Partners.

Wesco is commemorating its 100th year on this day, the second anniversary of its transformational combination with Anixter, and honoring all the entities that have joined forces to form the new Wesco. This press release features multimedia. View the full release here: https://www....

WCC - WESCO International's chief transformation officer to retire

WESCO International (NYSE:WCC) said Theodore Dosch, executive vice president, strategy and chief transformation officer since Jun. 2020, will retire, effective Aug. 5. Source: Press Release For further details see: WESCO International's chief transformation officer to retire

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