Wesco International Inc (WCC) stock surged 5.64% in pre-market trading on Friday following the release of its impressive first-quarter 2025 results. The company reported organic sales growth of 6%, driven by exceptional performance in its data center, broadband, and OEM businesses.
The standout performer was Wesco's data center business, which saw a remarkable 70% year-over-year growth. This strong growth in the data center segment contributed significantly to the company's Communications & Security Solutions (CSS) unit, which posted an 18% organic sales increase. Wesco's CEO, John Engel, highlighted that customers are expanding their scope of business with the company, particularly in data center solutions.
Despite some challenges in the utility sector, Wesco reaffirmed its full-year 2025 outlook, expecting sales to be above the midpoint of its guidance range. The company also reported strong performance in Canada, outperforming the market and gaining market share. With a growing backlog across all three business units and positive sales momentum continuing into April, investors are showing confidence in Wesco's growth prospects for the remainder of the year.
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