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Posted November 5, 2020

WESCO International 3Q sales soar

WESCO International net sales of $4.1 billion for the third quarter of 2020 compared to $2.1 billion for the third quarter of 2019, an increase of 92.8 percent due to the merger with Anixter that was completed in June.


Net income was $66.2 million for the third quarter of 2020, compared to $64.5 million for the third quarter of 2019. Earnings per diluted share was $1.31, compared to $1.52 for the third quarter of 2019.

"This was our first full quarter of results after completing the merger with Anixter and clearly highlights the value creation potential of this transformational combination. Business momentum improved through the quarter as we took market share and built an all-time record third quarter backlog," said John J. Engel, chairman, president and CEO.

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