The company's WIS unit sale earlier this year drove most of its overall sales decline, while its CSS segment powered narrow organic growth.
Latest In WESCO International
Wesco's "all things digital" leader Akash Khurana joins us to discuss what digital transformation has meant for the electrical distributor, which ramped up its initiatives on that front upon its landmark 2020 acquisition of Anixter.
The company said customer destocking and the delay of capital projects clearly impacted its 2Q results.
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
Here's the condensed, free version of the third and final part of an MDM Premium series that dives into Wesco’s digitization strategy and how it's constantly improving how the organization serves customers.
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
Here's the condensed, free version of the second in a three-part Premium series that examines the state of Wesco International and the strategic pillars powering the organization.
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
Here's the condensed, free version of the first in a three-part Premium series that examines the state of Wesco International and the strategic pillars powering the organization.
With corporate computer networks significantly strained by the hybrid work environment, this piece explores why software-defined networks can improve traffic management and protection.
The software, which connects remote monitoring systems in commercial facilities, is "indicative of the expanded services" Wesco intends to provide.
Wesco said it has already met one of its key 2030 ESG goals, and is on track to achieve another.
The distributor has made $200,000 in scholarships available for students entering skilled trades in the U.S. electrical industry.
The company noted that volume declined year-over-year in all three of its business segments.
Wesco signed a five-year contract with an intelligent pricing specialist company to centralize its pricing.
More than a handful of MDM’s Top Distributors were well-represented on the third annual feature.
For North Carolina-based Vallen, the move enhances its market presence in industrial MRO.Â
It will divest the industrial MRO unit out of Wesco, while considerably bolstering Vallen's product and services offerings.
While 4Q volume fell in certain verticals, Wesco said it saw growth in industrial, utility, data center and network infrastructure.
This category can only be viewed by members. To view this category, sign up by purchasing MDM Premium Subscription (monthly) or MDM Premium Subscription (annual).
