Watsco in the News


Watsco Reports Record Sales, Operating Profit, Net Income and Cash Flow During First Quarter

April 23, 2019 at 7:30 AM EDT MIAMI, April 23, 2019 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE: WSO) reported record sales, operating profit, net income and cash flow for the quarter ended March 31, 2019. Key performance metrics: 2% increase in operating profit to a record $55 million (10 basis-point expansion in operating margin to 5.9%) 4% increase in same-store operating profit… Read more »


Watsco to Host 2019 First Quarter Earnings Call April 23, 2019

MIAMI, April 11, 2019 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2019 first quarter earnings results on Tuesday, April 23, 2019 at 10:00 a.m. (EDT). Prepared remarks regarding the financial and operational results will be followed by a question and answer session with senior management team. The conference call will… Read more »


Watsco Completes Acquisition of DASCO Supply

$56 Million Northeastern HVAC Distributor MIAMI, April 04, 2019 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE:WSO) announced today that it has completed the acquisition of DASCO Supply, a distributor of air conditioning and heating products based in Whippany, New Jersey. Founded in 1974, DASCO Supply operates seven locations in New Jersey, New York and Connecticut. They serve more than 2,500 air conditioning and heating contractors… Read more »


Watsco to Host 2018 Earnings Call February 14, 2019

MIAMI, Feb. 05, 2019 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2019 fourth quarter and annual earnings results on Thursday, February 14, 2019 at 10:00 a.m. (ET). Prepared remarks regarding the financial and operational results will be followed by a question and answer session with senior management team. The conference… Read more »


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 »