Wesco International Reports First Quarter 2024 Results

Wesco International (NYSE: WCC) reports first-quarter 2024 results in line with expectations, with sales meeting forecasts despite a slight decline compared to the previous year. The company maintains a positive outlook, driven by healthy quoting and bid activity levels. Notably, record free cash flow generation of $731 million in the quarter strengthens its financial position, allowing for aggressive pursuit of acquisitions following the sale of its Integrated Supply business.

While facing challenges such as decrease in net sales, Wesco remains focused on optimizing operational costs and investing in future capabilities to sustain long-term growth. With a strong emphasis on innovation and a global network, Wesco is well-positioned to address diverse customer needs across industries worldwide.


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