Company: WCC
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000929008-25-000023
Chunk: 3

Company: WESCO INTERNATIONAL INC
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 3
---
 share data)(unaudited)

 Three Months EndedSix Months EndedJune 30June 302025202420252024Net sales$5,899.6 $5,479.7 $11,243.3 $10,829.7 Cost of goods sold (excluding depreciation and amortization)4,656.9 4,281.7 8,875.0 8,493.8 Selling, general and administrative expenses872.2 828.4 1,708.5 1,657.8 Depreciation and amortization48.3 46.1 96.7 91.6 Income from operations322.2 323.5 563.1 586.5 Interest expense, net92.9 98.8 179.2 193.2 Other income, net(7.3)(95.9)(7.1)(74.3)Income before income taxes236.6 320.6 391.0 467.6 Provision for income taxes61.8 87.8 97.9 118.7 Net income174.8 232.8 293.1 348.9 Less: Net income attributable to noncontrolling interests0.3 0.7 0.2 1.0 Net income attributable to WESCO International, Inc.174.5 232.1 292.9 347.9 Plus: Gain on redemption of Series A Preferred Stock27.6 — 27.6 — Less: Preferred stock dividends12.9 14.4 27.3 28.7 Net income attributable to common stockholders$189.2 $217.7 $293.2 $319.2 Earnings per share attributable to common stockholdersBasic$3.88 $4.34 $6.01 $6.32 Diluted$3.83 $4.28 $5.92 $6.22 Other comprehensive income (loss):Foreign currency translation adjustments and other150.2 (21.8)166.3 (93.4)Post-retirement benefit plan adjustments, net of tax(0.3)(0.1)(0.6)1.8 Other comprehensive income (loss)149.9 (21.9)165.7 (91.