WESCO Sales Down 24.3% in 2009 - Modern Distribution Management

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WESCO Sales Down 24.3% in 2009

Fourth-quarter sales for WESCO were down 20.8% from the prior-year period.
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Electrical products distributor WESCO International Inc. (NYSE: WCC), Pittsburgh, PA, reported sales for the fourth quarter ended Dec. 31, 2009, were $1.13 billion, down 20.8% from the prior-year period.
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Profit for the quarter was $21.8 million, down from $39.7 million in the prior-year period.
 
Sales for the full year 2009 were $4.6 billion, down 24.3% from last year. Profit was $105 million, about half that of last year.

 

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