Wesco – Wesco International Reports Third Quarter 2024 Results
- Third quarter reported net sales down 2.7% YOY due primarily to the Wesco Integrated Supply divestiture
- Organic sales down 0.6% YOY and up 0.1% sequentially
- Third quarter operating profit of $336 million; operating margin of 6.1%
- Gross margin of 22.1%, up 50 basis points YOY and up 20 basis points sequentially
- Adjusted EBITDA margin of 7.3%, down 80 basis points YOY and flat sequentially
- …