The 2020 Mid-Year Economic Update_long

WESCO’s Q3 Sales Up 3%

Distributor reports double-digit earnings growth in Q3 and for first nine months of 2018.

WESCO International Inc. (NYSE: WCC), Pittsburgh, PA, reported third-quarter sales of $2.1 billion, up 3.4 percent compared with the prior-year period. The distributor reported net income of $66.6 million, up 24.4 percent compared with the third quarter of 2017.

Sales for the nine months ended September 30 were $6.2 billion, an increase of 8.5 percent over the prior-year period; net income for the first nine months of the year was $169.2 million, an increase of 20.1% over the prior-year period, the company said.

 

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