Watsco

Watsco, Inc. engages in the distribution of air conditioning, heating and refrigeration equipment and related parts. Its products include residential central air conditioners, gas, electric & oil furnaces, commercial air conditioning & heating equipment, and other specialized equipment and parts, including replacement compressors, evaporator coils, motors and other component parts and supplies, including thermostats, insulation material, refrigerants, ductwork, grills, registers, sheet metal, tools, copper tubing, concrete pads, tape, adhesives, and other ancillary supplies. The company was founded by William Wagner in 1956 and is headquartered in Miami, FL.

Earnings data Q1 2021

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Watsco excels in Q4 2022, eyes growth amidst inventory challenges

Watsco's strong financial performance, operational efficiency, and strategic focus position the company for continued success.
Addressing inventory challenges, leveraging growth opportunities, and navigating economic headwinds are key priorities for sustainable growth.
The company's emphasis on innovation, market expansion, and customer benefits underscores its commitment to long-term value creation.

Watsco reports solid Q1 earnings, eyes growth amidst industry changes

Watsco's Q1 results showcase strong financials and strategic positioning for future growth. Despite challenges in certain product sales and lead times, the company is capitalizing on opportunities in the HVAC industry.

Watsco reports solid Q2 earnings, eyes growth amid industry shifts

Watsco's Q2 2023 earnings call reflects a strong performance amidst challenges, with a focus on technology investments, margin expansion, and industry shifts. The company is managing inventory effectively, with commercial backlogs growing and heat pumps driving business growth. Opportunities lie in industry changes towards efficiency standards and refrigerant shifts, positioning Watsco for future growth.

Watsco achieves record quarter, eyes growth amid pricing challenges

Watsco's strong performance in Q3 reflects growth in key segments and improved productivity. While challenges like consumer affordability and regulatory impacts persist, the company is well-positioned for growth through strategic investments and operational efficiencies.

Watsco excels in 2023 with record cash flow and growth plans

Watsco's strong performance in 2023, marked by market share gains and record cash flow, showcases resilience and strategic growth initiatives. While facing margin challenges, the company is focused on improving profitability through price increases and cost efficiencies. With a clear focus on innovation and market expansion, Watsco is poised for continued success in the HVAC industry.

Watsco reports resilient Q1 results, eyes growth through technology and acquisitions

Watsco's Q1 performance showcased resilience and strategic growth initiatives, driving record sales and market share gains. Despite challenges in pricing dynamics and inventory management, the company's strong competitive position and focus on long-term growth bode well for future success. Opportunities for expansion and innovation abound, supported by healthy financial metrics and operational efficiency.

Watsco (WSO) reports record Q2 sales, eyes growth in energy efficiency

Watsco (WSO) showcased robust sales growth, operational efficiency improvements, and a focus on technology upgrades to meet regulatory requirements. The company's emphasis on customer-centric strategies and continuous improvement culture positions it well for future growth.

Watsco reports record Q3 sales, eyes growth through technology and compliance

Watsco's Q3 2024 performance reflects robust sales, net income, and strategic investments in technology and regulatory compliance.
While facing challenges in operational efficiency and market dynamics, the company's strengths in innovation and market positioning offer growth opportunities.
By focusing on e-commerce growth, regulatory advantages, and product optimization, Watsco is poised for continued success and market leadership.

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Watsco, Inc. engages in the distribution of air conditioning, heating and refrigeration equipment, and related parts and supplies. Its products include residential central air conditioners, gas, electric & oil furnaces, commercial air conditioning and heating equipment, and other specialized equipment and parts, including replacement compressors, evaporator coils, motors and other component parts and supplies, including thermostats, insulation material, refrigerants, ductwork, grills, registers, sheet metal, tools, copper tubing, concrete pads, tape, adhesives, and other ancillary supplies. The company was founded by William Wagner in 1956 and is headquartered in Miami, FL.

MIAMI, Oct.  11, 2019  (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2019 third quarter earnings results on Thursday, October 17, 2019 at 10:00 a.m. (EDT). Prepared remarks regarding the financial and operational results will be followed by a question and answer session with the senior management team.

Watsco to Host 2019 Third Quarter Earnings Call October 17, 2019

MIAMI, Oct.  01, 2019  (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that its Board of Directors has declared a regular quarterly cash dividend of $1.60 on each outstanding share of its Common and Class B common stock. The cash dividend is payable on October 31, 2019 to shareholders of record at the close of business on October 15, 2019.

Watsco Declares $1.60 Quarterly Dividend - 45th Consecutive Year of Paying Dividends

MIAMI, Sept.  17, 2019  (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) - Watsco, Inc. today announced appointments to its Advisory Board as well as the promotion of Barry S. Logan to Executive Vice President – Planning & Strategy.

Watsco Announces Advisory Board Appointments and Executive Promotion

Watsco (WSO) reported earnings 30 days ago. What's next for the stock?

Why Is Watsco (WSO) Up 1.4% Since Last Earnings Report?

Watsco's (WSO) second-quarter 2019 results are affected by unfavorable weather and increased SG&A expenses. Yet, acquisition-related activities remain strong.

Watsco's (WSO) Q2 Earnings & Revenues Lag, Margins Fall

The HVAC specialist still faces climate-related challenges but sees better times ahead.

Watsco Tries to Beat the Weather

Watsco, Inc. (WSO) CEO Albert Nahmad on Q2 2019 Results - Earnings Call Transcript

Watsco (WSO) Down 1.4% Since Last Earnings Report: Can It Rebound?

Investors remain optimistic even after first-quarter growth failed to materialize as expected.

Why Shares of Watsco Gained 10.7% in April

Watsco is the largest HVACR distributor in the US.

Watsco: Attractive Business In Consolidating Industry

Watsco's (WSO) Q1 earnings meet analysts' expectation but revenues miss the same due to unfavorable weather experienced by the company in certain markets served.

Watsco's (WSO) Q1 Earnings Meet Estimates, Revenues Miss

Watsco, Inc. (WSO) CEO Albert Nahmad on Q1 2019 Results - Earnings Call Transcript

A slow start to spring hurt the HVAC specialist's results.

Watsco Keeps Cooling Off

Investment in technology, higher demand, and improved equipment pricing and sales mix bode well for Watsco (WSO). However, higher expenses and seasonal factors raise concerns.

News for Watsco Stock (WSO)