Watsco in the News

Watsco Boosts Annual Dividend 10% to $10.80 Per Share

MIAMI, FLORIDA — (GLOBENEWSWIRE), February 13, 2024 — Watsco, Inc. (NYSE:WSO) announced that its Board of Directors approved a 10% increase in its annual dividend to $10.80 per share on each outstanding share of its Common and Class B common stock. The increase will be reflected in the Company’s next quarterly dividend payment in April… Read more »

Watsco Reports Strong 2023 Performance Gaining Share in a Soft Market Boosts Annual Dividend 10% to $10.80 Per Share

Entrepreneurial Culture, Transformational Technologies, Strong Financial Position Continue to Provide Results and Significant Opportunities MIAMI, Feb. 13, 2024 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE: WSO) reported its results for the fourth quarter and full year ended December 31, 2023. The Company also provided commentary on business trends, growth opportunities, technology innovation and its financial strength. Watsco began its distribution strategy in… Read more »

Watsco to Host 2023 Earnings Call February 13, 2024

MIAMI, FLORIDA – (GLOBENEWSWIRE) – February 6, 2024 — Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2023 fourth quarter and annual financial results on Tuesday, February 13, 2024 at 10:00 a.m. (ET). Prepared remarks regarding the results will be followed by a question-and-answer session with the… Read more »

Watsco Reports Record-Breaking Third Quarter

Sales, Operating Income, Net Income and EPS at Record Levels Improved Productivity and Operating Efficiency Drive Record Operating Margin; Strong Balance Sheet Well-Positioned for Investment MIAMI, Oct. 19, 2023 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE: WSO) announced its results for the third quarter and nine-month period ended September 30, 2023. Third quarter records were achieved for sales, operating income, operating… Read more »

Watsco Acquires Gateway Supply Company

 $180 Million Distributor Adds 16 Locations in Core Sunbelt Markets  Gateway Builds on Watsco’s Leading Scale in Fragmented $50 Billion HVAC Marketplace     MIAMI, FLORIDA – (GLOBENEWSWIRE), September 6, 2023 – Watsco, Inc. (NYSE: WSO) announced that it has completed the acquisition of Gateway Supply Company, Inc., a distributor of plumbing and HVAC products.  Founded… Read more »

Watsco Reports Strong Second Quarter Results

Entrepreneurial Culture, Industry Scale, Technology Transformation and Regulatory Changes  Contribute to Strong Margins and Support Long-Term Growth    MIAMI, Aug. 01, 2023 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE: WSO) announced its operating results for the second quarter and six-month period ended June 30, 2023. Commentary was also provided on business trends, growth opportunities, technology innovation and the Company’s financial position…. Read more »