WESCO International Reports Q1 2025: Net Sales Down 0.1%, Net Income Rises 2.6%, EPS Up 7.7%

Reuters
05-01
WESCO International Reports Q1 2025: Net Sales Down 0.1%, Net Income Rises 2.6%, EPS Up 7.7%

Wesco International Inc. reported its first quarter 2025 results, showing a slight decline in net sales by 0.1% year-over-year, with figures reaching $5.344 billion compared to $5.350 billion in the prior year. Organic sales, however, saw an increase of 5.6% after adjusting for mergers and acquisitions, foreign exchange differences, and one less workday. Notably, data center sales surged by 70%. The company's net income attributable to common stockholders increased by 2.6% to $104 million, up from $101.4 million in the previous year. Wesco's diluted earnings per share rose by 7.7% to $2.10, compared to $1.95 in the first quarter of 2024. The gross margin slightly decreased by 10 basis points sequentially and 20 basis points year-over-year, standing at 21.1%. Operating cash flow for the quarter was reported at $28 million. The company plans to redeem preferred stock in June using proceeds from financing completed during the first quarter. Wesco reaffirmed its full-year 2025 outlook, citing positive momentum from the initial months of the year and highlighting growth trends in AI-driven data centers, power generation, electrification, automation, and reshoring.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WESCO International Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NE77625) on May 01, 2025, and is solely responsible for the information contained therein.

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