WESCO Int'l (WCC) Tops Q4 EPS by 65c
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WESCO International, Inc. Reports Fourth Quarter and Full Year 2021 Results
February 15, 2022 6:00 AM ESTFourth quarter summary:
Record net sales of $4.9 billion, up 17.5% YOY Organic sales growth of 15.8% Sequential growth of 2.6% on a reported basis; 6.3% on an organic basis Record backlog as of December 31, 2021 Operating profit of $220.3 million; operating margin of 4.5% Gross margin of 20.8%, up 120 basis points YOY Adjusted operating profit of $270.8 million; adjusted operating margin of 5.6%, up 140 basis points YOY Adjusted EBITDA of $319.6 million; adjusted EBITDA margin of 6.6%, up 48% and 140 basis points YOY Record... More