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● ● ● ● A - WESCO INTERNATIONAL - NEWS RELEASE WESCO International , Inc. / Suite 700 , 225 West Station Square Drive / Pittsburgh , PA 15219 Record net sales of $ 4.7 billion , up 14.2 % YOY Organic sales growth of 13.6 % WESCO International , Inc. Reports Third Quarter 2021 Results Sequential growth of 2.9 % on a reported basis ; 3.4 % on an organic basis Record backlog as of September 30 , 2021 Record operating profit of $ 229.5 million ; operating margin of 4.9 % Record gross margin of 21.3 % , up 170 basis points YOY and up 30 basis points sequentially Adjusted operating profit of $ 280.4 million ; adjusted operating margin of 5.9 % , up 110 basis points YOY Adjusted EBITDA of $ 330.3 million ; adjusted EBITDA margin of 7.0 % , up 31 % and 90 basis points YOY Record net income attributable to common stockholders of $ 105.2 million Adjusted net income attributable to common stockholders of $ 142.6 million , up 71 % YOY Earnings per diluted share of $ 2.02 Adjusted earnings per diluted share of $ 2.74 , up 65 % YOY Leverage of 4.1x ; improvement of 0.4x sequentially and 1.6x post - close of the Anixter merger Trailing twelve months adjusted EBITDA of $ 1,067.4 million Raising 2021 outlook for adjusted earnings per diluted share to a range of $ 9.20 to $ 9.40 PITTSBURGH , November 4 , 2021 / Business Wire / WESCO International , Inc. ( NYSE : WCC ) , a leading provider of business - to business distribution , logistics services , and supply chain solutions , announces its results for the third quarter of 2021 . " We had another exceptional quarter and again delivered outstanding results across the board . Early in the second year of our transformational combination of WESCO and Anixter , the substantial value creation of the new WESCO is building , " said John Engel , Chairman , President and CEO . " Our sales growth accelerated versus 2019 pre - pandemic levels , and our margin performance and backlog achieved new records for the company . We are outperforming the market across our three business units by utilizing our increased scale , expanded portfolio and industry - leading positions . And , we are continuing to de - lever our balance sheet at a rapid rate while investing in our digital transformation . The impressive progress we're making in the integration is a direct result of the dedication , commitment and relentless execution of the entire WESCO team . I want to thank all our associates for their strong teamwork on our transformation , supplier engagement and customer focus in providing the products , services and resilient supply chain solutions our customers need . " Mr. Engel continued , " We are seeing sales and margin momentum in each of our three strategic business units . Based on our strong third quarter results , we are raising our full year 2021 outlook for sales , margin and profitability for the third time this year . We now expect sales to increase 11 % to 13 % , adjusted EBITDA margin to expand to between 6.4 % and 6.5 % , and adjusted EPS to grow to a range of $ 9.20 to $ 9.40 . As a result of our expected sales growth and increasing inventories to support our customers , we are also adjusting our full year 2021 outlook for free cash flow to approximately 80 % of net income . " Mr. Engel added , " We are transforming into a growth company as a result of our digital investments , cross - selling our expanded portfolio of products and services , and providing resilient and sustainable supply chain solutions for our customers around the world . Continued execution of our aggressive integration plan , and capitalizing on the secular growth trends , will only accelerate this shift . The value creation potential of the new WESCO is building , and we are only in the early days . " 1