Press Releases

Watsco Announces Advisory Board Appointments

MIAMI, FLORIDA – (GLOBENEWSWIRE), June 8, 2021 – Watsco, Inc. (NYSE: WSO) – Watsco, Inc. today announced appointments to its Advisory Board. In 2019, Watsco formed an Advisory Board to provide thoughts, advice, and non-binding recommendations to its Board of Directors. Members of the Advisory Board may include possible future Board members, former Board members… Read more »




Watsco Completes Acquisition of Acme Refrigeration

$60 Million HVAC/R Distributor Adds 18 Locations in Sunbelt Markets MIAMI, FLORIDA – May 11, 2021 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE:WSO) announced today that it has completed the acquisition of Acme Refrigeration, a leading distributor of air conditioning, heating and refrigeration products based in Baton Rouge, Louisiana. Founded in 1945, Acme offers approximately 7,000… Read more »


Watsco EPS Jumps 93% Setting First Quarter Records for Sales, Operating Profit, Operating Margins and Net Income

Double-Digit Sales Growth, Higher Gross Margins and Operating Efficiencies Drive Record Performance Customer-Adoption of Technologies Grows as Business Evolution Continues   MIAMI, April 22, 2021 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE: WSO) reported record first quarter operating results, establishing new records for sales, operating income, operating margins, net income and earnings per share (EPS). Watsco’s entrepreneurial culture continues to… Read more »


Watsco to Host 2021 First Quarter Earnings Call April 22, 2021

MIAMI, FLORIDA – (GLOBENEWSWIRE) – April 14, 2021 — Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2021 first quarter financial results on Thursday, April 22, 2021 at 10:00 a.m. (EDT). Prepared remarks regarding the results will be followed by a question and answer session with the… Read more »


Watsco Completes Acquisition of Temperature Equipment Corporation

Adds $291 Million in Sales and 32 Locations in New Markets MIAMI, FLORIDA – (GLOBENEWSWIRE), April 12, 2021 – Watsco, Inc. (NYSE: WSO) announced that it has completed the acquisition of Temperature Equipment Corporation (TEC). Founded in Chicago in 1935, TEC serves approximately 10,000 HVAC customers from 32 locations in Illinois, Indiana, Kansas, Michigan, Minnesota,… Read more »



Watsco to Acquire Temperature Equipment Corporation, $291 Million Chicago-Based HVAC Distributor

Enables Entrance into New Markets with 32 Locations and 10,000 Contractor-Customers MIAMI, FLORIDA – (GLOBENEWSWIRE), March 16, 2021 – Watsco, Inc. (NYSE: WSO) and Carrier Global Corp. (NYSE: CARR) announced today that they have signed an agreement to acquire Temperature Equipment Corporation (TEC). Watsco recently reported record 2020 results with over $5 billion in sales,… Read more »


Watsco Boosts Annual Dividend 10% to $7.80 Per Share

MIAMI, Feb. 11, 2021 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE:WSO) announced today that its Board of Directors has approved a 10% increase in its annual dividend to $7.80 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 2021. Albert H. Nahmad, Watsco’s… Read more »