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Leaner WESCO Looks to Grow Faster than Its Underlying Markets in 2016

As WESCO closes the books on a bruising 2015 that saw the company close 13 locations and lay off more than 400 employees as sales declined in the 4% to 5% range and its stock price fell from $76.10 to start the year to below $40 at press-time, WESCO International’s executive team told analysts this week that it expects to outperform its core end-user markets in 2016 and grow market share, even though many of its markets are expected to continue their struggles for growth in the new year

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TAGS: Economy
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