WESCO International Inc (NYSE:WCC)
$ 188.23 0.23 (0.12%) Market Cap: 9.57 Bil Enterprise Value: 14.42 Bil PE Ratio: 15.67 PB Ratio: 1.92 GF Score: 86/100

Wesco International Inc at JPMorgan Industrials Conference Transcript

Mar 11, 2020 / 12:45PM GMT
Release Date Price: $28.49 (-10.83%)
Operator

Good morning, and thank you all for holding. (Operator Instructions) And I would like to remind all parties, the call is now being recorded. (Operator Instructions)

And I would now like to turn the call over to John Engel. Thank you, sir. You may begin.

John J. Engel
WESCO International, Inc. - Chairman, President & CEO

Well, good morning, everyone. And Steve, it's a pleasure to be with you this morning. I'm joined by Dave Schulz, WESCO's CFO, and look forward to participating in your conference, Steve. WESCO has been a long time participant, and it's great to be with you this morning.

Well, there's a lot of exciting things going on at WESCO, and I thought I'd start with some opening remarks regarding our announcement last week and the press release we issued on Monday afternoon about our updated plan to finance the merger with Anixter. If anyone's new to WESCO, or you've not followed the company recently, please note that in January, we announced an agreement to acquire Anixter in a $4.5 billion transaction. This transformational

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