Wesco international reports third quarter 2024 results

Third quarter reported net sales down 2.7% yoy due primarily to the wesco integrated supply divestiture organic sales down 0.6% yoy and up 0.1% sequentially third quarter operating profit of $336 million; operating margin of 6.1% gross margin of 22.1%, up 50 basis points yoy and up 20 basis points sequentially adjusted ebitda margin of 7.3%, down 80 basis points yoy and flat sequentially operating cash flow of $302 million in the third quarter and $825 million for the first nine months of 2024, up from $424 million in the first nine months of 2023 reaffirming full-year outlook pittsburgh , oct. 31, 2024 /prnewswire/ -- wesco international (nyse: wcc), a leading provider of business-to-business distribution, logistics services and supply chain solutions, announces its results for the third quarter of 2024. "we had a strong close to our third quarter, with sales slightly up compared to the second quarter driven by accelerating momentum in our communications and security solutions segment, including double-digit sales growth in our global data center business.
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