WESCO International Reports Record Q2 Results and Raises Full-Year Outlook
WESCO International (NYSE: WCC) reported record second-quarter results with sales rising 13% to $6.7 billion, adjusted EBITDA increasing by 24% to $487 million, and adjusted EPS climbing 35% to $4.57. The company attributed the strong performance to continued demand in data centers—sales there rose approximately 45% to $1.5 billion—and margin expansion driven by favorable sales mix and improvement initiatives. WESCO raised its full-year outlook for 2026, now forecasting organic sales growth of 9%-11%, adjusted EBITDA margins between 6.9%–7.1%, and adjusted EPS in the range of $16.00–$17.50. The company also noted strong backlog across all three business units and highlighted its recent acquisition, Newark Engineering, which added capabilities in Southeast Asia. CFO Indraneel Dev emphasized that pricing benefits contributed to growth alongside volume increases, while CEO John Engel pointed to broad-based demand for infrastructure projects as a key driver of performance. Free cash flow reached $32 million in Q2 and totaled $246 million year-to-date.
Topics: adjusted_ebitda data_center_demand outlook_update sales_growth