Watsco News and Events

Press Releases

Watsco Achieves Record First Quarter Results - April 17th, 2014

23% EPS increase on Strong Replacement Sales and Expanded Margins

Annual Dividend Rate Boosted …

Watsco to Host 2014 First Quarter Earnings Conference Call April 17, 2014 - April 10th, 2014

MIAMI–(BUSINESS WIRE)–Apr. 10, 2014–
Watsco, Inc. (NYSE:WSO)(PARIS:WSO) announced today…

Watsco Declares Quarterly Dividend - April 1st, 2014

MIAMI–(BUSINESS WIRE)–Apr. 1, 2014– Watsco, Inc. (NYSE: WSO) announced today that its Board of Dire…

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Watsco in the News

Webcast of Investor & Analyst Meeting

On November 8, 2013, Watsco hosted an investor and analyst meeting at the Loews Miami Beach Hotel.  Click here for a replay of the webcast.

“Watsco Delivers Growth” – Miami Herald

Coconut Grove-based Watsco Inc. is one of the biggest local companies you’ve probably never heard of.

With about 4,600 employees, Watsco distributes new equipment and parts for air conditioning, refrigeration and heating systems at more than 570 locations in 38 states, Puerto Rico, Mexico and Canada.

WSO – A 40 Year Old Press Release

I just want to share a milestone with all of you.

Earlier this year, Watsco celebrated the 40th anniversary of the announcement of Al Nahmad as Watsco’s Chairman, CEO & President.  Below is a copy of the announcement that went out that day.

Looking back, the company’s performance has been as follows:

  • Revenues +19% CAGR from $4m to >$3b
  • Net income +16% CAGR from $350k to > $120m
  • Market cap +17% CAGR from $6m to $3b

We asked the NYSE to determine where our Chairman stood on the list of ‘most tenure’ as a Chairman & CEO for companies >$1 billion.  Watsco’s Chairman & CEO ranks 10th.  Some famous names in the top-10 list:

Warren Buffet, Ralph Lauren & Fred Smith (FedEx).

This a not a “milestone”, but a “stepping stone”.

There is still so much more to do!

Barry Logan
Senior Vice President

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Energy Efficiency News

Rick Fedrizzi, Chairman & CEO of the U.S. Green Building Council, Discusses Energy Efficiency on His Blog

Watsco’s newest Board member, Rick Fedrizzi, is a leader in the global sustainability movement. Read more…

New Rules for ACs Could Prove Costly to Homeowners

Government ban on refrigerant could increase costs for replacing home units. Read more…

Survey on Important Government Energy Policies

An overview of the key policy issues in current energy legislation. Read more…

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