Watsco in the News

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 »


Watsco’s Fourth Quarter EPS Jumps 24%, Setting New Records for Sales, Operating Profit, Net Income and Cash Flow

Annual Records Achieved for EPS, Sales, Profitability and Cash Flow 10% Dividend Raise to $7.80 Following Record Performance MIAMI, Feb. 11, 2021 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE: WSO) reported record fourth quarter results. Watsco set new annual records for earnings per share (EPS), sales, operating income, net income and operating cash flow. Watsco also announced that its Board of Directors approved a 10%… Read more »


Watsco to Host 2020 Earnings Call February 11, 2021

MIAMI, FLORIDA – (GLOBENEWSWIRE) – February 4, 2021 — Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2020 fourth quarter and annual financial results on Thursday, February 11, 2021 at 10:00 a.m. (EDT). Prepared remarks regarding the results will be followed by a question and answer session… Read more »



Watsco Announces 2020 Annual Sales Have Surpassed $5 Billion

MIAMI, FLORIDA – (GLOBENEWSWIRE), December 30, 2020 – Watsco, Inc. (NYSE: WSO) reported today that its 2020 annual sales have surpassed $5 billion. In a note to Watsco’s family of more than 5,700 employees and 1,000 supplier partners, Albert H. Nahmad, Watsco’s Chairman and Chief Executive Officer, wrote: “This week Watsco hit an incredible milestone… Read more »


Watsco EPS Jumps 25% Setting New Records for Sales, Operating Profit, Net Income and Operating Margins During Third Quarter

Strong Residential Demand and Gains in Operating Efficiency Drive 120 Basis-Point Operating Margin Expansion; Nine-Month Operating Cash Flow Increases 89% to a Record $373 Million MIAMI, Oct. 22, 2020 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE: WSO) reported record operating results, setting new records for sales, operating income, net income and earnings per share (EPS) during the third quarter and nine-month periods ended September 30, 2020…. Read more »