WESCO InternationalNYSE: WCC

PITTSBURGH , July 2, 2024 /PRNewswire/ -- Wesco International (NYSE: WCC), a leading provider of business-to-business distribution, logistics services and supply chain solutions, has certified as a Great Place to Work® in the U.S. "We're particularly proud of this award, because the recognition comes directly from our employees," says Chris Wolf, Chief Human Resources Officer at Wesco. "We knew we had a great culture here, but we're honored to make it official with Great Place to Work certification.

PITTSBURGH , June 27, 2024 /PRNewswire/ -- On June 20, Wesco hosted its annual Day of Caring events for employees at numerous sites around the globe to celebrate its commitment to communities where we live and work and to announce the company's inaugural Wesco Cares Champion of the Year Award recipient. The company's Day of Caring events encouraged employees to give back to the community and learn about local opportunities to do so.

Wesco International (WCC) is the largest player in the electrical components distribution and services sector and is very profitable. Wesco International Preferred “A” , ticker WCC-A, sports a “qualified” 10.34% yield and its dividend resets in 1 year to a whopping 14.6% at current rates. Unfortunately, with such extraordinarily high yielding characteristics, WCC-A is extremely likely to be called in 1 year, but with a very high after-tax yield-to-call (YTC).

PITTSBURGH , June 5, 2024 /PRNewswire/ -- Wesco International (NYSE: WCC), a leading provider of business-to-business distribution, logistics services and supply chain solutions, today announced it has completed the purchase of entroCIM, an innovator in data center and building intelligence software. The initial purchase price was $30 million with the opportunity for an additional earnout based on performance.

PITTSBURGH , May 30, 2024 /PRNewswire/ -- The Board of Directors of Wesco International (NYSE: WCC) today declared a quarterly cash dividend on all of the issued and outstanding shares of common stock, in an amount equal to $0.4125 per share. The dividend is payable on June 28, 2024 to the holders of record of the common stock at the close of business on June 14, 2024.

PITTSBURGH , May 30, 2024 /PRNewswire/ -- Wesco International (NYSE: WCC), a leading provider of business-to-business distribution, logistics services and supply chain solutions, issued its annual sustainability report today. The report outlines Wesco's progress and key initiatives for advancing its environmental, social and governance (ESG) goals set in the 2021 report that include reducing greenhouse gas emissions by 30%, reducing landfill waste intensity by 15% across global locations, achieving a 15% reduction in total recordable incident rate (TRIR) and providing 425,000 hours of safety training and development to employees – all by 2030.

WESCO's (WCC) performance in the first quarter shows a lack of momentum in all business units.

While the revenue and EPS of Wesco International (WCC) provide insight into its performance in the quarter ending March 2024, it may be valuable to assess how certain important metrics stack up against Wall Street projections and figures from the same period last year.

Wesco International (WCC) reported quarterly earnings of $2.30 per share, which fell short of the Zacks Consensus Estimate of $2.46 per share. In the same quarter last year, the company reported earnings of $3.75 per share.