Wednesday, November 9, 2016

WESCO International Earnings Review

Distributing industrial supplies when U.S. industrial production is in a recession is a tough business: Just ask management at WESCO International Inc. It gets worse. Much of WESCO's end market consists of precisely the kind of industries (oil and gas, mining, heavy industries, and more) which have largely been responsible for the slowdown in the industrial sector.

However, this quarter it was the turn of its construction end markets to disappoint. What happened, and why?

READ THE FULL EQUITY RESEARCH ARTICLE LINKED

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