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Wesco Aircraft Holdings Sales Down 3.2% in FY2017

Wesco Aircraft Holdings Inc. (NYSE: WAIR), Valencia, CA, reported sales for the 2017 fiscal year of $1.4 billion, a decrease of 3.2 percent compared to the same period a year ago. The company reported a loss of $237.3 million, compared to a profit of $91.4 million the prior year.

For the fourth quarter, sales were $361.6 million, a decrease of 1.1 percent year-over-year. The company reported a loss for the quarter of $38.3 million, compared to a profit of $23.3 million the prior year.

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