WESCO said industrial/MRO activity is recovering in line with industrial recovery. May 6th, 2021 Pittsburgh-based electrical and industrial supplies distributor WESCO International reported its 2021 first quarter financial results on Wednesday, marking the third full fiscal quarter since the company's landmark $4.5 billion acquisition of Anixter International that completed this past June. That acquisition essentially doubled WESCO's year-over-year sales (+104.3 percent), cost of goods and operating profit, but keep in mind that sequential sales would be a much more reliable barometer of the company's actual performance for this past quarter, summarized below. Q1 2021 had one additional selling day compared to Q4 2020. WESCO reported total Q1 sales of $4.04 billion, just over double the $1.97 of a year earlier, and down slightly sequentially from $4.13 billion in Q4 2020. The company's Q1 operating profit of $133 million more than doubled the $60.9 million of a year earlier, and gained sequentially from $93 million in Q4. WESCO's Q1 net profit of $59 million gained from $34 million of a year earlier and dwarfed Q4's $20 million.