News


Watsco Completes Peirce-Phelps Acquisition

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Adds $206 Million in Sales and 19 Locations in New Markets. Continuation of Buy-and-Build Strategy to Expand Industry-Leading Network MIAMI, FLORIDA – (GLOBENEWSWIRE), August 2, 2019 – Watsco, Inc. (NYSE: WSO) announced that it has completed the acquisition of the HVAC business of Peirce-Phelps, Inc. Founded in Philadelphia in 1926, Peirce-Phelps has current annual sales… Read more »


Watsco Reports Record Second Quarter Results

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Record First-Half Operating Cash Flow; Continued Investments in Technology and Network Expansion; Announced Purchase of $206 Million HVAC Distributor Peirce-Phelps, Inc. MIAMI, FLORIDA – (GLOBENEWSWIRE), July 18, 2019 – Watsco, Inc. (NYSE: WSO) reported its second quarter results. Record sales and net income attributable to Watsco was achieved for the quarter and six-month periods ended… Read more »


Watsco To Acquire Peirce-Phelps, Inc. – $206 Million Philadelphia-Based HVAC Distributor

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MIAMI, FLORIDA – (GLOBENEWSWIRE), July 18, 2019 – Watsco, Inc. (NYSE: WSO) announced today that it has signed an agreement to acquire the HVAC business of Peirce-Phelps, Inc. Closing of the transaction is subject to customary conditions and is expected to occur within the next 30 days. Peirce-Phelps will operate as a separate business of… Read more »




Watsco Declares $1.60 Quarterly Dividend

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MIAMI, July 01, 2019 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE: WSO) announced today that its Board of Directors has declared a regular quarterly cash dividend of $1.60 on each outstanding share of its Common and Class B common stock. The cash dividend is payable on July 31, 2019 to shareholders of record at the close of business on July 16, 2019. Watsco has paid dividends… Read more »


Watsco to Present at the UBS Global Industrials & Transportation Conference on June 5, 2019

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MIAMI, May 30, 2019 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE:WSO) announced today that Barry Logan, Senior Vice President, is scheduled to present at the UBS Global Industrials & Transportation Conference being held at the New York Palace Hotel on Wednesday, June 5, 2019 at 1:30 p.m. (EDT). 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…. Read more »


Watsco to Present at the William Blair 39th Annual Growth Stock Conference on June 6, 2019

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MIAMI, May 31, 2019 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE:WSO) announced today that Barry Logan, Senior Vice President, is scheduled to present at the William Blair 39th Annual Growth Stock Conference being held at the Loews Chicago Hotel on Thursday, June 6, 2019 at 3:20 p.m. (CDT). 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,… Read more »


Watsco to Present at Baird’s 2019 Global Consumer, Technology & Services Conference on June 4, 2019

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MIAMI, May 29, 2019 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE:WSO) announced today that Barry Logan, Senior Vice President, is scheduled to present at Baird’s 2019 Global Consumer, Technology & Services Conference being held at the InterContinental New York Barclay Hotel on Tuesday, June 4, 2019 at 12:15 p.m. (EDT). Internet users can listen to a live webcast of the presentation at the Investor Relations section… Read more »