Search results
- Organic sales for the fourth quarter of 2022 grew 14.4% as the acquisition of Rahi Systems on November 1, 2022 positively impacted reported net sales by 2.3%, while fluctuations in foreign exchange rates negatively impacted reported net sales by 2.1%. Sequentially, net sales grew 2.1% while organic sales increased 3.7%.
People also ask
How did Wesco's acquisition affect organic sales in 2022?
How did the acquisition of Rahi systems affect organic sales?
What did WESCO International do in the year ended December 31 2022?
What was the operating profit in the fourth quarter of 2022?
Feb 14, 2023 · Organic sales for 2022 grew 11.5% as the acquisition of Rahi Systems in the fourth quarter of 2022 and the number of workdays positively impacted reported net sales by 2.0% and 0.4%, respectively, while fluctuations in foreign exchange rates negatively impacted reported net sales by 1.9%.
6 days ago · Wesco’s 4Q sales saw 14% organic sales growth year-over-year, with those organic sales up 4% sequentially from 3Q 2022, when sales were $5.4 billion. Wesco also had record operating cash flow ($422 million) and free cash flow ($399 million) in 4Q.
- Brad Star
Feb 13, 2024 · Organic sales for the fourth quarter of 2023 declined 2.6%, as the acquisition of Rahi Systems, which closed in November of 2022, and fluctuations in foreign exchange rates positively impacted reported net sales by 0.7% and 0.4%, respectively.
Nov 3, 2022 · Organic sales for the third quarter of 2022 grew 16.9% as fluctuations in foreign exchange rates negatively impacted reported net sales by 1.7%. Sequentially, net sales declined 0.7% and organic sales were flat as fluctuations in foreign exchange rates negatively impacted reported net sales by 0.7%.
Nov 14, 2022 · WESCO International (NYSE:WCC) reported last week on results for Q3 Fiscal 2022, delivering organic growth of 17% on sales of $5.4B and record profitability of 8.6% adjusted EBITDA margin.
- Shirley Coyle
Nov 3, 2022 · Organic sales growth of 17%. Record backlog as of September 30, 2022, up more than 60% YOY and up approximately 5% sequentially. Record adjusted operating profit of $415M, up 48% Y/Y; record...
May 22, 2024 · The company posted total 4Q sales of $5.5 billion, down 1.5% year-over-year, with organic sales down 2.6%, as a +0.7% impact from Wesco’s November 2022 acquisition of Rahi Systems and a +0.4% impact from foreign exchange was more than offset by volume declines in certain businesses.
