Wesco international reports record first quarter 2023 results

Record first quarter sales, gross margin, operating profit, and earnings per diluted share net sales of $5.5 billion, up 12% yoy organic sales growth of 11% yoy operating profit of $346 million; operating margin of 6.3% adjusted ebitda of $421 million, up 16% yoy; adjusted ebitda margin of 7.6%, up 20 basis points yoy gross margin of 21.9%, up 60 basis points yoy earnings per diluted share of $3.48 adjusted earnings per diluted share of $3.75, up 3% yoy pittsburgh , may 4, 2023 /prnewswire/ -- wesco international (nyse: wcc), a leading provider of business-to-business distribution, logistics services and supply chain solutions, announces its results for the first quarter of 2023. "after delivering an exceptional performance in 2022, we're off to a strong start this year and once again set new first quarter company records for sales, backlog, margin and profitability.
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