Press Releases

Watsco EPS Jumps 109% to $2.90, Reflecting Record Sales, Operating Profit, Operating Margin and Net Income

Strong Sales Growth, Higher Margins and Operating Efficiencies Drive Performance Customer Adoption of Transformative Technologies Grows as Business Evolution Continues Dividend Raised 13% to $8.80 Effective April 2022 MIAMI, April 21, 2022 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE: WSO) reported record operating results for the first quarter ended March 31, 2022. Q1 Performance Highlights 34% sales growth to a record $1.52 billion 109% increase… Read more »

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

MIAMI, FLORIDA – (GLOBENEWSWIRE), March 7, 2022 – Watsco, Inc. (NYSE: WSO) announced today that it has been named to the FORTUNE Magazine 2022 World’s Most Admired Company list. FORTUNE conducts a comprehensive global survey of thought leaders annually across 52 industries to determine which companies excel in a variety of factors including long-term investment… Read more »

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

MIAMI, FLORIDA – (GLOBENEWSWIRE), March 4, 2022 — 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… Read more »

Watsco Boosts Annual Dividend 13% to $8.80 Per Share

MIAMI, Feb. 10, 2022 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE:WSO) announced today that its Board of Directors has approved a 13% increase in its annual dividend to $8.80 per share on each outstanding share of its Common and Class B common stock. The increase will be reflected in the Company’s next regular dividend payment beginning in April 2022. Albert H. Nahmad, Watsco’s… Read more »

Watsco Reports Record Breaking Fourth Quarter and 2021 Full Year Performance

Sales, Profits, Operating Margin and EPS at Record Levels ___________ Fourth Quarter: EPS up 77% to $2.02 on Record Sales of $1.5 Billion 2021 Year: EPS up 54% on Record Sales of $6.3 Billion and 10.0% Operating Margin 13% Dividend Raise to $8.80 Following Record Performance MIAMI, Feb. 10, 2022 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE: WSO) reported record operating results for the fourth quarter and full-year periods… Read more »

Watsco to Host 2021 Earnings Call February 10, 2022

MIAMI, FLORIDA – (GLOBENEWSWIRE) – January 14, 2022 — 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… Read more »