Inactive Instrument

Wesco Aircraft Holdings, Inc.

WAIR

Wesco Aircraft Holdings, Inc. Provides Revenue Guidance for the Fiscal Year 2019; to Establish 3 New Multi-Commodity Distribution Centers; Plans to Relocate Hardware Warehouse from Valencia to the Distribution Center in Northlake, Texas; Expects to Close Approximately 16 Facilities

January 31, 2019 at 04:19 pm

Wesco Aircraft Holdings, Inc. provided revenue guidance for the fiscal year 2019. The company continues to expect net sales in fiscal 2019 to increase at a mid-single-digit percentage pace compared to fiscal 2018.

The company closed or announced plans to consolidate 13 single-commodity warehouse facilities to-date. In total, the company expects to close approximately 16 such facilities. At the same time, the company establishing 3 new multi-commodity distribution centers moving closer to the company's Wesco 2020 target of 7 such centers when the company finished.

The company also notified plans to relocate the company's hardware warehouse from Valencia to the company's full service distribution center in Northlake, Texas. This relocation will improve the company's operating cost by providing more efficient floor space, which will better realize the benefits of new warehouse technology and reduce the number of times company handle inventory before it reaches company's customers.

Latest news about Wesco Aircraft Holdings, Inc.

Second Motion for Exclusivity Period Extension Approved For Wesco Aircraft Holdings, Inc.	02-20	CI
First Amendment to Disclosure Statement Approved for Wesco Aircraft Holdings, Inc.	02-15	CI
Second Modified First Amended Disclosure Statement Approved for Wesco Aircraft Holdings, Inc.	01-12	CI
First Amended Reorganization Plan and Disclosure Statement Filed by Wesco Aircraft Holdings, Inc.	12-27	CI
Joint Reorganization Plan and Disclosure Statement Filed by Wesco Aircraft Holdings, Inc.	11-17	CI
First Motion for Exclusivity Period Extension Approved For Wesco Aircraft Holdings, Inc.	11-01	CI
Motion for Asset Sale Approved for Wesco Aircraft Holdings, Inc.	23-10-04	CI
First Motion for Exclusivity Period Extension Filed by Wesco Aircraft Holdings, Inc.	23-09-29	CI
Motion for Asset Sale Filed by Wesco Aircraft Holdings, Inc.	23-08-09	CI
Interim DIP Financing Approved for Wesco Aircraft Holdings, Inc.	23-06-02	CI
Motion for Joint Administration Filed by Wesco Aircraft Holdings, Inc.	23-06-01	CI
Motion for Joint Administration Approved for Wesco Aircraft Holdings, Inc.	23-06-01	CI
Wesco Aircraft Holdings, Inc. Filed for Bankruptcy	23-06-01	CI
Wesco Aircraft Holdings, Inc. Announces Offer to Purchase	21-12-08	CI
Incora Opens New Global Corporate Headquarters in Fort Worth	21-05-11	CI
Wesco Aircraft Holdings, Inc. Offers to Purchase	20-12-02	CI
Incora Appoints David Coleal as Group Chief Executive Officer	20-11-30	CI
Wesco Aircraft Holdings, Inc. Announces Management Changes	20-01-09	CI
Wesco Aircraft Holdings, Inc.(NYSE:WAIR) dropped from S&P Aerospace & Defense Select Industry Index	20-01-09	CI
Wesco Aircraft Holdings, Inc.(NYSE:WAIR) dropped from S&P TMI Index	20-01-09	CI
Wesco Aircraft Holdings, Inc.(NYSE:WAIR) dropped from S&P Global BMI Index	20-01-09	CI
Pattonair Limited completed the acquisition of Wesco Aircraft Holdings, Inc. from a group of sellers.	20-01-08	CI
Wesco Aircraft Holdings, Inc. Reports Earnings Results for the Fourth Quarter Ended September 30, 2019	19-11-25	CI
Wesco Aircraft Holdings, Inc. Provides Earnings Guidance for the Year Ended September 30, 2019	19-10-21	CI
Wesco Aircraft Holdings, Inc. Provides Earnings Guidance for the Fiscal Year 2019	19-08-09	CI

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Company Profile

Wesco Aircraft Holdings, Inc. is a distributor and provider of supply chain management services to the global aerospace industry. The Company operates through two segments: North America and Rest of World. As of September 30, 2016, the Company supplied over 565,000 active stock-keeping units (SKUs), including C-class hardware, chemicals, electronic components, bearings, tools and machined parts. The Company's products include Hardware, Chemicals, Electronic Components, Bearings and Other Products. Its Services include Quality Assurance, Kitting and JIT Supply Chain Management. It caters to commercial, military and general aviation sectors, including the original equipment manufacturers (OEMs) and their subcontractors, through which it supports various Western aircraft programs, and also sells products to airline-affiliated and independent maintenance, repair and overhaul (MRO) providers. It also services industrial customers.

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Aerospace & Defense

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