2024-05-20 11:35:48 ET
Summary
- Wesco International is a B2B distribution company with operating segments in electrical and electronic solutions, communications and security solutions, and utility and broadband solutions.
- The company was transformed after a major acquisition of Anixter for $4.5 billion in 2020.
- The stock is currently a hold due to concerns about high debt levels and limited potential for earnings growth.
Wesco International ( WCC ) is an American provider of B2B distribution, logistics services, and supply chain solutions. Their operating segments break down into: Electrical & Electronic Solutions, Communications & Security Solutions, and Utility & Broadband Solutions. They operate around 800 branches in 50 countries, employing over 20,000 people worldwide. Revenue breaks down as follows:
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Wesco International: Good Business At A High Price