Watsco EPS Jumps 109% to $2.90, Reflecting Record Sales, Operating Profit, Operating Margin and Net Income


Strong Sales Growth, Higher Margins and Operating Efficiencies Drive Performance Customer Adoption of Transformative Technologies Grows as Business Evolution Continues Dividend Raised 13% to $8.80 Effective April 2022 MIAMI, April 21, 2022 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE: WSO) reported record operating results for the first quarter ended March 31, 2022. Q1 Performance Highlights 34% sales growth to a record $1.52 billion 109% increase… Read more »

Watsco Ventures products are changing our customers’ businesses

5 years ago, Watsco Ventures was created with a mission to help our customers grow their HVAC/R businesses profitably. Since then, our innovative software solutions have helped thousands of businesses and HVAC entrepreneurs succeed and grow. Today, these products include OnCall Air digital sales platform, Credit for Comfort financing solution and Alert Labs 24/7 remote… Read more »

Watsco’s Earnings Call to Discuss First Quarter Results Scheduled on April 21, 2022


 MIAMI, FLORIDA – (GLOBENEWSWIRE) – April 8, 2022 — Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2022 first quarter financial results on Thursday, April 21, 2022 at 10:00 a.m. (EDT). Prepared remarks regarding the results will be followed by a question-and-answer session with the senior management… Read more »

Watsco Named to Fortune Magazine World’s Most Admired Company List


MIAMI, FLORIDA – (GLOBENEWSWIRE), March 7, 2022 – Watsco, Inc. (NYSE: WSO) announced today that it has been named to the FORTUNE Magazine 2022 World’s Most Admired Company list. FORTUNE conducts a comprehensive global survey of thought leaders annually across 52 industries to determine which companies excel in a variety of factors including long-term investment… Read more »

Watsco Boosts Annual Dividend 13% to $8.80 Per Share


MIAMI, Feb. 10, 2022 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE:WSO) announced today that its Board of Directors has approved a 13% increase in its annual dividend to $8.80 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 2022. Albert H. Nahmad, Watsco’s… Read more »

Watsco Reports Record Breaking Fourth Quarter and 2021 Full Year Performance


Sales, Profits, Operating Margin and EPS at Record Levels ___________ Fourth Quarter: EPS up 77% to $2.02 on Record Sales of $1.5 Billion 2021 Year: EPS up 54% on Record Sales of $6.3 Billion and 10.0% Operating Margin 13% Dividend Raise to $8.80 Following Record Performance MIAMI, Feb. 10, 2022 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE: WSO) reported record operating results for the fourth quarter and full-year periods… Read more »