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.

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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.

Watsco Inc. WSO, -1.15% said Friday it will raise its quarterly dividend by 13%, to boost the heating, air conditioning and refrigeration (HVAC/R) distributor's dividend yield to more than double that of the S&P 500. The company said the new dividend of $2.20 a share, up from $1.95 a share, will be payable April 29 to shareholders of record on April 14.

Watsco raises dividend, boosting yield to more than double that of the S&P 500

Quarterly Rate $2.20 Per Share Quarterly Rate $2.20 Per Share

Watsco Boosts Annual Dividend 13% to $8.80 Per Share

MIAMI, March 07, 2022 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it has been named to the FORTUNE Magazine 2022 World's Most Admired Company list.

Watsco Named to Fortune Magazine World's Most Admired Company List

MIAMI, March 04, 2022 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Barry S. Logan, Executive Vice President, is scheduled to present at the 2022 J.P. Morgan Industrials Conference being held at 383 Madison Avenue in New York City on Thursday, March 17, 2022 at 4:40 p.m. (EDT). Internet users can listen to a live webcast of the presentation at the Investor Relations section of Watsco's website at http://www.watsco.com.

Watsco to Present at the J.P. Morgan Industrials Conference on March 17, 2022

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KeyBanc analyst Jeffrey Hammond upgraded Watsco Inc (NYSE: WSO) to Overweight from Sector Weight with a price target of $320, implying an upside of 23%. The analyst believes pessimism around the residential HVAC cycle has gotten too negative near-term, while he has gotten "increasingly comfortable" that a significant portion of Watsco's recent gross margin improvement is sustainable long-term.

KeyBanc Upgrades Watsco To Overweight, Sees Notable Upside

Watsco's (WSO) CEO Albert Nahmad on Q4 2021 Results - Earnings Call Transcript

Watsco's (WSO) fourth-quarter results benefit from solid demand and improved pricing despite seasonal woes.

Watsco (WSO) Q4 Earnings Top, Up Y/Y on Solid HVAC/R Demand

Watsco (WSO) delivered earnings and revenue surprises of 18.13% and 11.75%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Watsco (WSO) Surpasses Q4 Earnings and Revenue Estimates

Sales, Profits, Operating Margin and EPS at Record Levels ___________

Watsco Reports Record Breaking Fourth Quarter and 2021 Full Year Performance

Watsco (WSO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Watsco (WSO) Ahead of Earnings?

Watsco, Inc presents itself as the largest distributor of air conditioning, heating, and refrigeration equipment in North America. If the company continues to increase its distribution and sales centers in Canada and Latin America, business growth would continue.

I Am Buying The Dip Of Watsco Because Of Its Buy And Build Strategy And Innovation Efforts

MIAMI, Jan. 14, 2022 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2021 fourth quarter and annual financial results on Thursday, February 10, 2022 at 10:00 a.m. (ET). Prepared remarks regarding the results will be followed by a question-and-answer session with the senior management team.

Watsco to Host 2021 Earnings Call February 10, 2022

MIAMI, Jan. 03, 2022 (GLOBE NEWSWIRE) -- Watsco, Inc.'s (NYSE: WSO) Board of Directors has declared a regular quarterly cash dividend of $1.95 on each outstanding share of its Common and Class B common stock payable on January 31, 2022 to shareholders of record at the close of business on January 14, 2022.

Watsco Declares $1.95 Quarterly Dividend 48th Consecutive Year of Paying Dividends

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

Watsco (WSO) Up 0.4% Since Last Earnings Report: Can It Continue?

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Here's Why Watsco (WSO) is a Strong Momentum Stock

Strong demand for HVAC equipment and investment in technologies help Watsco (WSO) post impressive third-quarter 2021 revenues.

Watsco (WSO) Q3 Earnings Surpass Estimates, Revenues Up Y/Y

Watsco (WSO) is well positioned to outperform the market, as it exhibits above-average growth in financials.

3 Reasons Growth Investors Will Love Watsco (WSO)

Watsco, Inc. (WSO) CEO Albert Nahmad on Q3 2021 Results - Earnings Call Transcript

Watsco (WSO) delivered earnings and revenue surprises of 1.97% and -1.99%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Watsco (WSO) Q3 Earnings Beat Estimates

Watsco Inc (NYSE: WSO) reported third-quarter FY21 sales growth of 16% year-on-year, to $1.78 billion, missing the analyst consensus of $1.82 billion. Sales excluding acquisitions for HVAC equipment climbed 7% Y/Y, other HVAC products increased 12%, and commercial refrigeration products improved 27%.

Watsco Clocks 16% Sales Growth In Q3, Misses Street View

Sales, Operating Profit, Operating Margin and Net Income all at Record Levels

News for Watsco Stock (WSO)