Company: WCC
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000929008-25-000034
Chunk: 113

Company: WESCO INTERNATIONAL INC
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 8
Chunk 113
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354.2 $341.5 Interest expense, net99.0 86.5 Adjusted other expense (income), net— (3.4)Adjusted income before income taxes255.2 258.4 Adjusted provision for income taxes60.2 65.5 Adjusted net income195.0 192.9 Net income attributable to noncontrolling interests1.1 0.4 Adjusted net income attributable to WESCO International, Inc.193.9 192.5 Preferred stock dividends— 14.4 Adjusted net income attributable to common stockholders$193.9 $178.1 Diluted shares49.5 49.8 Adjusted earnings per diluted share$3.92 $3.58 

Note: For the three months ended September 30, 2025, SG&A expenses, income from operations, the provision for income taxes, net income attributable to common stockholders, and earnings per diluted share have been adjusted to exclude digital transformation costs, restructuring costs, and the related income tax effects. For the three months ended September 30, 2024, SG&A expenses, income from operations, other non-operating expense (income), the provision for income taxes, net income attributable to common stockholders, and earnings per diluted share have been adjusted to exclude digital transformation costs, restructuring costs, the gain recognized on the divestiture of the WIS business, the reduction to pension settlement cost, and the related income tax effects. These non-GAAP financial measures provide a better understanding of our financial results on a comparable basis.

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Table of Contents   WESCO INTERNATIONAL, INC. AND SUBSIDIARIES

Nine Months Ended September 30, 2025 versus Nine Months Ended September 30, 2024

Net Sales

The following table sets forth net sales and organic sales growth for the periods presented:

Nine Months EndedGrowth/(Decline)September 30, 2025September 30, 2024Reported SalesAcquisition/DivestitureForeign ExchangeWorkdayOrganic Sales(In millions)Net sales$17,442.4 $16,319.1 6.9 %(0.5)%(0.4)%(0.5)%8.3 %

Note: Organic sales growth is a non-GAAP financial measure of sales performance. Organic sales growth is calculated by deducting the percentage impact from acquisitions and divestitures for one year following the respective transaction