Loading...
Wesco International reported a 0.5% YoY increase in Q4 net sales to $5.50 billion, with organic sales growing 2.4%. EPS rose 23.7% to $3.03, while adjusted EPS increased 19% YoY to $3.16. Operating income was $301.1 million, down 4.7% YoY, and net income rose 18.3% to $151.0 million. Free cash flow reached $268.4 million.
WESCO International Inc. reported a 4.4% increase in net sales to $2.1 billion for Q4 2019. Organic sales grew by 3.9%. Earnings per diluted share were $1.26, or $1.32 adjusted for merger-related transaction costs. The company's operating cash flow was $108 million, and free cash flow was $94 million.