WESCO Int'l (WCC) Tops Q4 EPS by 34c
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WESCO International Reports Fourth Quarter and Full Year 2022 Results
February 14, 2023 6:00 AM ESTFourth quarter results:
Record net sales of $5.6 billion, up 15% YOY Organic sales growth of 14% YOY and up 4% sequentially Operating profit of $382 million; operating margin of 6.9% Adjusted EBITDA of $451 million, up 41% YOY; adjusted EBITDA margin of 8.1%, up 150 basis points YOY Gross margin of 21.9%, up 110 basis points YOY Earnings per diluted share of $3.90 Adjusted earnings per diluted share of $4.13, up 30% YOY Record operating cash flow of $422... More