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.
Don’t miss any content from Distribution Strategy Group. Join our list.
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.