WESCO International Inc. (NYSE: WCC), Pittsburgh, PA, reported second-quarter sales of $1.9 billion, flat compared to the same period a year ago. Organic sales increased 1 percent. Profit for the period was $49.5 million, flat in a year-over-year comparison.
"We returned to organic sales growth in the quarter, after eight consecutive quarters of sales declines, driven by growth in our industrial and CIG end markets, as well as in our Canadian and international businesses," said John Engel, president and CEO. "Our sales momentum accelerated as the quarter progressed, and this trend has continued into July, with all geographies growing to start the third quarter."
For the first half of the year, sales were $3.7 billion, down 0.1 percent from the prior-year period. Profit increased 1.6 percent to $87.3 million.