News

Watsco Reports Record Results in 2018, Marking its 30-Year Anniversary in HVAC/R Distribution

Culture of Innovation Continues to Transform Watsco’s Customer-Experience MIAMI, Feb. 14, 2019 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE: WSO) reported record results for the year and quarter ended December 31, 2018. Annual records were set for sales, operating income, net income and earnings per share. EPS of $6.49 for the year was consistent with the Company’s outlook of $6.40 to $6.50 provided in its… 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 Completes Refinancing of $500 Million Credit Facility

December 7, 2018 at 7:30 AM EST MIAMI, Fla., Dec. 07, 2018 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE:WSO) today announced that it has refinanced its unsecured revolving credit agreement led by Bank of America as Administrative Agent, JPMorgan Chase Bank as Syndication Agent and BB&T Company, U.S. Bank and Wells Fargo Bank as Documentation Agents. Borrowings under the five-year $500 million credit facility will be used for working capital, acquisitions,… Read more »


Watsco to Present at Baird’s 2018 Global Industrial Conference on November 7, 2018

,

MIAMI, Oct. 30, 2018 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE:WSO) announced today that Barry Logan, Senior Vice President, is scheduled to present at Baird’s 2018 Global Industrial Conference being held at the Four Seasons Hotel in Chicago on Wednesday, November 7, 2018 at 1:00 p.m. (CT). Internet users can listen to a live webcast of the presentation at the Investor Relations section of Watsco’s website at http://www.watsco.com. About Watsco Watsco operates the… 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 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 »