Revenue and Market Exposure - The company derives approximately 26% of its revenues from sales outside of the U.S.[89] - The company operates a network of more than 700 sites across approximately 50 countries[89] - In 2024, the company's 10 largest suppliers accounted for approximately 30% of purchases by dollar volume, indicating a significant reliance on key suppliers[117] Economic and Geopolitical Risks - Adverse economic conditions and disruptions in financial markets could negatively impact revenues and operating results[87] - The ongoing geopolitical tensions, including the Russia-Ukraine conflict, contribute to market volatility and uncertainty[88] - The company faces risks from global economic conditions, which can adversely affect revenues and operating results due to customer business activity levels[87] - The company operates in a volatile global environment, with geopolitical issues and conflicts potentially impacting its operations and financial condition[90] COVID-19 Impact - The company has experienced significant disruptions due to the COVID-19 pandemic, affecting supply chains and customer demand[93] - Supply chain challenges since the COVID-19 pandemic have led to product delays, backlogged orders, and increased transportation costs, although improvements in supply chain resilience were noted in 2024[119] - The COVID-19 pandemic has caused significant disruptions to the company's business, impacting supply chains and customer demand[93] Supply Chain and Operational Challenges - The company faces risks related to global supply chain disruptions and natural disasters[90] - Supply chain disruptions and reliance on third-party service providers could impair the company's ability to deliver products timely, affecting overall operations[132] - Challenges in managing working capital and inventory due to evolving customer demands and supply chain disruptions could significantly impact cash flow and overall business performance[125] - Disruptions in logistics capabilities could impair the company's ability to deliver products timely, affecting customer satisfaction and operational efficiency[130] Digital Transformation and Technology - The company has invested significantly in expanding its digital solutions and digitalization initiatives, including e-commerce capabilities and IoT technology[99] - The company is engaged in digital transformation initiatives that may not realize anticipated benefits, potentially leading to operational inefficiencies[109] - The reliance on third-party cloud services increases operational complexity and vulnerability to service disruptions, which could adversely affect business operations[110] Regulatory and Compliance Risks - The company is subject to various global laws and regulations, which may increase compliance costs[95] - Regulatory uncertainties and potential tax increases could impact product pricing and supply chain stability, contributing to broader economic uncertainty[12] - The company is subject to complex and ambiguous tax laws, which can lead to unexpected volatility in its results of operations[142] - Legal and regulatory compliance regarding data security and privacy is evolving, with potential material adverse effects on the company's reputation and financial condition[115] Financial Performance and Debt - As of December 31, 2024, the company had $5.1 billion of consolidated indebtedness, which significantly impacts cash flow available for operations and growth[143] - The company incurred significant additional indebtedness in 2020 to finance the merger with Anixter, affecting its ability to invest in future opportunities[143] - Debt service obligations limit the company's ability to invest in operations and growth opportunities, potentially increasing vulnerability to adverse market conditions[144] - Future financial performance may not generate sufficient cash flows to service debt, necessitating refinancing or asset sales[145] Competition and Market Dynamics - Increased competition in the industry may lead to reduced sales, profit margins, and earnings, as competitors may lower prices or offer alternative business models[135] - A decline in project volume could adversely affect sales and earnings, as large capital projects significantly contribute to revenue[126] Environmental, Social, and Governance (ESG) Considerations - The company's ability to execute environmental, social, and governance (ESG) programs is critical, as failure to meet stakeholder expectations could adversely affect reputation and financial performance[137] - Higher operating expenses related to ESG compliance and initiatives could reduce profitability and cash flow, particularly if customers demand further emissions reductions[138] - The company is actively managing climate-related risks and has conducted a climate risk assessment to enhance sustainability reporting[122] Cybersecurity Risks - Cybersecurity threats have increased, posing risks to the confidentiality and integrity of proprietary information, which could lead to significant legal liabilities[114] - The company has implemented remote working arrangements, which may increase vulnerability to cybersecurity incidents[93]

WESCO International (WCC) reported fourth-quarter 2024 adjusted earnings of $3.16 per share, up 19.2% year over year. The bottom line missed the Zacks Consensus Estimate by 1.86%.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Net sales of $5.5 billion rose 0.5% year over year. The figure beat the Zacks Consensus Estimate by 1.52%. Organic sales increased 2.4% year over year.The company’s shares gained 0.57% in the pre-market trading. WCC shares have returned 4.1% year to date, outper ...

NYSE: WCC Fourth Quarter 2024 Webcast Presentation February 11, 2025 Non-GAAP Measures In addition to the results provided in accordance with U.S. Generally Accepted Accounting Principles ("U.S. GAAP") above, this presentation includes certain non-GAAP financial measures. These financial measures include organic sales growth, gross profit, gross margin, earnings before interest, taxes, depreciation and amortization (EBITDA), adjusted EBITDA, adjusted EBITDA margin, financial leverage, free cash flow, adjust ...

Financial Data and Key Metrics Changes - The company reported a return to sales growth in Q4 2024, with organic sales up 2% year-over-year, driven by a 70% increase in the global data center business and 20% growth in broadband [6][22] - Free cash flow for Q4 was $268 million, contributing to a record full-year free cash flow of over $1 billion, representing 154% of adjusted net income [10][47] - Adjusted earnings per share increased by 19% to $3.16 compared to the prior year [24] Business Line Data and Key Metrics Changes - Electrical and Electronic Solutions (EES) organic sales grew 1% in Q4, while Communications and Security Solutions (CSS) saw an 11% organic sales increase, primarily due to data center solutions [30][35] - Utility and Broadband Solutions (UBS) experienced a 6% decline in organic sales for Q4, with reported sales down 17% due to the divestiture of the integrated supply business [43][46] Market Data and Key Metrics Changes - The utility market faced headwinds from customer destocking and lower project activity, with expectations for recovery in the second half of 2025 [44][54] - Canadian broadband business showed strong growth, with sales up over 20% in Q4 [45] Company Strategy and Development Direction - The company aims for organic sales growth of 2.5% to 6.5% in 2025, with a focus on margin expansion across all business units [14][55] - Strategic acquisitions, including the purchase of Ascent, are intended to enhance service offerings and support growth in the data center space [13][42] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in a recovery for the utility vertical in the second half of 2025, supported by new customer wins and strong secular growth trends [76] - The company anticipates continued growth in the data center business, which is expected to drive overall sales and margin improvements [16][128] Other Important Information - The company plans to increase its common stock dividend by 10% in 2025, reflecting a commitment to returning value to shareholders [15][64] - The company has reduced net debt by $431 million and repurchased $425 million of shares in 2024 [14][68] Q&A Session Summary Question: Confidence in utility vertical recovery - Management highlighted new customer wins and discussions with utility customers as reasons for confidence in recovery in the second half of 2025 [74][76] Question: Gross margin expectations - Management confirmed expectations for gross margins to increase slightly throughout 2025, driven by higher supplier volume rebates [78][80] Question: SG&A and incentive compensation - Management clarified that SG&A is expected to increase sequentially due to merit increases and incentive compensation adjustments [92][93] Question: Ascent acquisition sales contribution - Management indicated that Ascent had run rate sales of about $115 million per year and contributed significantly to Q4 growth [158] Question: Sales cadence and project timing - Management explained that Q1 sales are expected to be light, with recovery anticipated in the second half of the year, primarily driven by utility growth [150][151]

Wesco International (WCC) reported $5.5 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 0.5%. EPS of $3.16 for the same period compares to $2.65 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $5.42 billion, representing a surprise of +1.52%. The company delivered an EPS surprise of -1.86%, with the consensus EPS estimate being $3.22.While investors scrutinize revenue and earnings changes year-over-year and how they compare with W ...

Wesco International (WCC) came out with quarterly earnings of $3.16 per share, missing the Zacks Consensus Estimate of $3.22 per share. This compares to earnings of $2.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.86%. A quarter ago, it was expected that this maker of electrical and industrial maintenance supplies and construction materials would post earnings of $3.22 per share when it actually produced earnings of $3 ...

NEWS RELEASE WESCO International, Inc. / 225 West Station Square Drive, Suite 700 / Pittsburgh, PA 15219 Wesco International Reports Fourth Quarter and Full Year 2024 Results PITTSBURGH, February 11, 2025 /PR Newswire/ -- Wesco International (NYSE: WCC), a leading provider of business-to- business distribution, logistics services and supply chain solutions, announces its results for the fourth quarter and full year 2024. "We are pleased with our return to sales growth in the fourth quarter sparked by more t ...

Wall Street analysts expect Wesco International (WCC) to post quarterly earnings of $3.22 per share in its upcoming report, which indicates a year-over-year increase of 21.5%. Revenues are expected to be $5.42 billion, down 1% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.4% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's ea ...

The market expects Wesco International (WCC) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 11, 2025, might help the stock move higher if these key n ...

PITTSBURGH, Jan. 21, 2025 /PRNewswire/ -- Wesco International (NYSE: WCC) will hold its fourth quarter 2024 earnings conference call on Tuesday, February 11 at 10:00 a.m. ET. Dial-in details are below. The live audio webcast of the earnings presentation can be accessed at https://investors.wesco.com, where related materials will be posted prior to the presentation and a replay of the webcast will be available.Wesco will also be participating in the Raymond James Institutional Investor Conference on March 4 ...