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Wesco International Q4 and 2022 results “stellar”

February 16, 2023SSN Staff

PITTSBURGH – Wesco International shoots for the stars this week after revealing an impressive performance following its financial postmortem for 2022 and fourth fiscal quarter results. At a glance the company displayed record net sales of $5.6 billion in the fourth quarter, up 15 percent year-over-year (YOY). There was operating profit of $382 million with an operating margin of 6.9 percent (Adjusted EBITDA of $451 million, up 41 percent YOY; adjusted EBITDA margin of 8.1...

Anixter, EBITDA, John Engel, Johnson Controls (JCI), logistics services, NAPCO Security Technologies, Rahi Systems, SecurityBridge, supply chain solutions, Wesco International, year-over-year (YOY)