WESCO’s Second Quarter Sales
Record consolidated net sales of $2.1 billion, up 10% versus prior year
Organic sales growth of 9%
Operating profit of $91.2 million, up 10% versus prior year
Earnings per diluted share of $1.22, up 20% versus prior year
And here are the results of WESCO’s Third Quarter Sales…
WESCO total revenue increased in third quarter of 2018 by 3.35%
Competitors total revenue increase by 6.49%
Income from operations decreased 12.9%
Full year sales forecast declined from 3% to 2%
Their stocks have fallen since the beginning of this year but overall have been on an eight year rise.
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