Wesco International beats Q2 estimates as data center sales soar

Published 31/07/2025, 11:18
 Wesco International beats Q2 estimates as data center sales soar

PITTSBURGH - On Thursday, Wesco International (NYSE:WCC) reported second-quarter adjusted earnings of $3.39 per share, exceeding analyst estimates of $3.36, as the company’s data center business surpassed $1 billion in quarterly sales for the first time.

The company’s stock edged down 0.2% in after hours trading following the results.

Revenue rose 7.7% YoY to $5.9 billion, topping the consensus estimate of $5.82 billion. Organic sales grew 7.2% compared to the same period last year and increased 6.2% sequentially.

The strong performance was led by robust growth in the Communications and Security Solutions (CSS) segment, which posted 17% organic growth, while the Electrical and Electronic Solutions (EES) segment delivered 6% organic growth. Data center sales were particularly impressive, jumping approximately 65% YoY and exceeding $1 billion for the quarter.

"We continued to build on our positive sales momentum in the first half of 2025 and outperformed the market with our leading portfolio of products, services, and solutions," said John Engel, Chairman, President, and CEO. "Sales growth is accelerating, with organic sales up 6% in the first quarter, 7% in the second quarter, and preliminary July sales per workday up approximately 10% year-over-year."

The company’s adjusted EBITDA margin improved 90 basis points sequentially to 6.7%, though it was down 60 basis points YoY. Wesco also completed the redemption of its preferred stock in June, which the company said will improve both cash flow and earnings per share going forward.

Based on the strong performance through the first seven months of 2025, Wesco raised its full-year organic sales growth outlook while maintaining its EPS guidance midpoint.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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