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Wesco International — Third Quarter 2026 Earnings Summary

  • Q3 2026 net sales reached a record $7.2 billion (up 17% YOY, 8% sequentially), driven by a 55% surge in data center sales and 17% organic growth, while adjusted diluted EPS hit a record $5.77 (up 47% YOY).
  • The company raised its full-year 2026 outlook citing record sales, profitability, and a backlog that grew approximately 80% YOY to record levels.
  • Financial leverage improved to 2.8x from 3.4x, and the company executed a $1.5 billion debt refinancing by issuing $1.5 billion in new senior notes to redeem higher-cost debt.
  • Management expressed confidence in outperforming markets through 2026 and 2027, supported by five consecutive quarters of double-digit sales growth across all business segments.
Company
WESCO INTERNATIONAL INC
Sector
Industrials
Industry
Industrial Distribution