Watsco in the News

Watsco Boosts Annual Dividend 10% to $6.40 Per Share

MIAMI, Oct. 25, 2018 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE:WSO) announced today that its Board of Directors has approved a 10% increase in its annual dividend to $6.40 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 January 2019. Albert H. Nahmad, Watsco’s… Read more »


Watsco Reports Record Third Quarter Results and Dividend Raise to $6.40 Per Share

MIAMI, Oct. 25, 2018 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE:WSO) reported record results for the quarter and nine-month periods ended September 30, 2018. Record sales, operating profit, net income and earnings per share were achieved for both periods. Watsco also announced that its Board of Directors approved a 10% increase in its annual dividend to $6.40 per share on each outstanding share of… Read more »


Watsco to Host 2018 Third Quarter Earnings Conference Call October 25, 2018

MIAMI, FLORIDA – (GLOBENEWSWIRE) – October 10, 2018 — Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2018 third quarter earnings results on Thursday, October 25, 2018 at 10:00 a.m. (EDT). Prepared remarks regarding the financial and operational results will be followed by a question and answer… Read more »


Watsco Completes Acquisition of Alert Labs Inc.

COCONUT GROVE, FLORIDA – October 10, 2018 – Watsco, Inc. announced that it has completed the acquisition of Alert Labs Inc., a technology company founded in 2015 and based in Kitchener, Ontario, Canada. Terms of the acquisition were not disclosed. Alert Labs develops, designs and builds IoT hardware and software, including cloud-based and mobile solutions… Read more »


Watsco Declares $1.45 Quarterly Dividend

October 1, 2018 at 7:30 AM EDT MIAMI, Oct. 01, 2018 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE: WSO) announced today that its Board of Directors has declared a regular quarterly cash dividend of $1.45 on each outstanding share of its Common and Class B common stock. The cash dividend is payable on October 31, 2018 to shareholders of record at the close of… Read more »


Watsco Sets New Records for Sales, Operating Income, Operating Margins, Net Income and EPS During Second Quarter

Adoption of Customer-Focused Technologies Grows as Business Transformation Continues MIAMI, FLORIDA – (GLOBENEWSWIRE), July 25, 2018 – Watsco, Inc. (NYSE: WSO) reported record results for the quarter ended June 30, 2018. Second Quarter Results Sales trends: 5% sales growth to a record $1.333 billion 6% growth in HVAC equipment (68% of sales) 5% growth in… Read more »


Watsco Investor Day Webcast Registration is Now Open

Join us for presentations from Watsco’s senior leadership, technologists, and customers. Gain insights into Watsco’s transformational, customer-obsessed technology solutions including: Mobile Apps E-Commerce Platforms Warehouse Optimization Business Intelligence Predictive Analytics Watsco Ventures The event will take place Friday, May 18th from 10:00 am to 1:00 pm.   Please Register for the webcast below: http://www.wsw.com/webcast/cc/wso3


Watsco Sets New Records for Sales, Operating Income, Net Income and EPS During First Quarter

25% EPS Growth and 20 Basis-Point Operating Margin Expansion Adoption of Customer-Focused Technologies Grows as Business Transformation Continues MIAMI, FLORIDA – (GLOBENEWSWIRE), April 24, 2018 – Watsco, Inc. (NYSE: WSO) reported record results for the quarter ended March 31, 2018. Key performance metrics: 25% earnings per share growth to a record 89 cents 31% increase… Read more »



A techie takeover in an old-school industry

Think about the last time your air conditioner failed you. You didn’t go to Home Depot and walk out with a compressor on your cart. Read the full story here