Wesco Aircraft Holdings (WAIR) Misses Q2 EPS by 2c, Suspends Guidance Temporarily

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Wesco Aircraft Holdings Reports Results for Fiscal 2015 Second Quarter

May 7, 2015 4:05 PM EDT

VALENCIA, Calif.--(BUSINESS WIRE)-- Wesco Aircraft Holdings, Inc. (NYSE: WAIR), a leading provider of comprehensive supply chain management services to the global aerospace industry, today announced results for its fiscal 2015 second quarter ended March 31, 2015.

Fiscal 2015 Second Quarter Highlights

Net sales were $385.6 million, an increase of 18 percent compared to the second quarter of fiscal 2014; organic sales declined 12 percent. Organic sales were down three percent when adjusted for a one-time sale in the second quarter of fiscal 2014 and the impact of foreign currency movements.... More