Wesco Int'l (WESO) Reports FY26 Sales Below Estimates; Announces 10% Dividend Increase; Shares Fall 5%
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Wesco Int'l (WESO) updated guidance on February 10, 2026, to reflect full-year 2026 sales below the previously estimated range due to softer demand in North America and supply chain disruptions. The company cited a 5% year-over-year decline in North American sales and expects adjusted EBITDA to be about 50 basis points below guidance. In a related move, Wesco announced a 10% increase in its quarterly dividend, payable March 15, 2026, to shareholders of record March 1, 2026. The stock fell 5% in after-hours trading on the announcement.
EditorTan Wei Jie