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Home » Distribution Industry News » Wesco International First-Quarter Sales Down 3%

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  • Published on: May 3, 2024

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Distribution Industry News

Wesco International First-Quarter Sales Down 3%

Wesco International (NYSE: WCC), a provider of B2B distribution, logistics services and supply chain solutions, announced its sales in the first quarter of 2024 were $5.4 billion, down 3.1% from the same prior-year period.  

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Organic sales declined 3.2%. Profit was $101.4 million.   

“Our first-quarter sales met our expectations and were consistent with the outlook we provided during the quarter. Our performance, compared against the strong first quarter a year ago, was in line with our typical seasonal pattern and our full year outlook,” said John Engel, Wesco’s president and CEO. 

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