Welcome to our dedicated page for Watsco news (Ticker: WSO), a resource for investors and traders seeking the latest updates and insights on Watsco stock.
Watsco, Inc. (NYSE: WSO) generates a steady flow of news as a major distributor of heating, ventilation, air conditioning and refrigeration (HVAC/R) products in North America. This news page aggregates coverage of the company’s announcements, giving investors and industry followers a single place to review its latest disclosures.
Recent Watsco news has featured quarterly and nine‑month operating results, where the company discusses revenue trends, gross profit, margins and cash flow, along with commentary on market conditions and regulatory changes such as the transition to A2L refrigerant‑based systems. Earnings releases are typically accompanied by details on conference calls and webcasts for analysts and investors.
Dividend announcements are another recurring news theme. Watsco has highlighted decades of consecutive dividend payments and has reported regular quarterly cash dividends on its common and Class B common stock, sometimes noting increases in the annual dividend rate and milestones such as its 200th consecutive quarter of dividend payments.
Technology and innovation updates also appear frequently in Watsco’s news. The company reports on its HVAC Pro+ mobile apps, e‑commerce platform, OnCallAir® digital sales tool, pricing optimization systems and AI‑driven initiatives such as Ask.Watsco and AL.watsco. These updates often describe user adoption, e‑commerce penetration and how these platforms affect customer engagement and margins.
In addition, Watsco uses news releases to announce acquisitions of HVAC/R and commercial refrigeration distributors, outline its "buy and build" strategy, and describe expansion in Sunbelt and other key markets. Readers can use this page to follow these developments, as well as scheduling notices for investor days, conference presentations and earnings calls related to WSO.
Watsco, Inc. (WSO) has declared a quarterly cash dividend of $2.20 per share on its Common and Class B common stock, payable on April 29, 2022, to shareholders on record as of April 14, 2022. This marks the 48th consecutive year of dividend payments, reflecting the company's commitment to sharing cash flow while maintaining a conservative balance sheet. Watsco, as the largest distributor of HVAC/R products, aims to address climate change through energy-efficient solutions in its market.
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Watsco, Inc. (NYSE: WSO) announced that Executive Vice President Barry S. Logan will present at the 2022 J.P. Morgan Industrials Conference on March 17, 2022, at 4:40 p.m. EDT. This event will be held at 383 Madison Avenue, New York City, with a live webcast available on Watsco's Investor Relations website.
Watsco is the largest distributor of HVAC/R products in North America, with a network of 671 locations visited by over 350,000 contractors and technicians annually. The company aims to address climate change through higher-efficiency replacement systems in its marketplace.
Watsco reported record fourth quarter and full-year results for 2021, with EPS up 77% to $2.02 and sales reaching $1.5 billion. For the year, EPS increased 54% to $10.78 on record sales of $6.3 billion and a 10.0% operating margin. The company also announced a 13% dividend increase to $8.80 per share. Despite challenges like supply chain disruptions, Watsco maintained a conservative balance sheet, expanded its workforce, and invested in technology and network growth. The company aims to capitalize on strong HVAC/R demand and higher efficiency systems as regulations evolve.
Watsco, Inc. (NYSE: WSO) has announced a 13% increase in its annual dividend, raising it to $8.80 per share, effective from April 2022. This decision highlights the company's robust performance and ongoing confidence in its business outlook. Watsco has maintained a consistent dividend payout for 48 consecutive years, reflecting its commitment to returning cash flow to shareholders while ensuring a conservative balance sheet. The company aims to enhance its distribution network and capitalize on opportunities in the HVAC/R market.
Watsco, Inc. (NYSE: WSO) will host a conference call on February 10, 2022, at 10:00 a.m. ET, to discuss its fourth quarter and annual financial results for 2021. The earnings report will be released before the market opens that day. Investors can access the call via the company’s website, and pre-registration is encouraged for immediate access. Watsco, the largest HVAC/R product distribution network in North America, emphasizes its commitment to sustainability and energy-efficient products to combat climate change.
Watsco, Inc. (NYSE: WSO) has declared a quarterly cash dividend of $1.95 per share, payable on January 31, 2022, to shareholders on record as of January 14, 2022. This marks 48 consecutive years of dividend payments, reflecting the company's commitment to return cash to shareholders while maintaining a robust financial position. Watsco emphasizes that future dividends will be assessed based on investment opportunities, cash flow, and economic conditions.
Watsco, Inc. (NYSE: WSO) reported record third quarter and nine-month results for 2021, achieving significant increases in sales and profits. Key highlights include:
- 31% increase in EPS to $3.62
- 16% sales growth to $1.78 billion
- 32% rise in operating income to $207 million
- 29% growth in gross profit to $483 million
The company also invested heavily in technology and expanded its branch network, completing three acquisitions worth $114 million to enhance customer experience and operational efficiency.
Watsco, Inc. (NYSE: WSO) will host a conference call on October 20, 2021, at 10:00 a.m. EDT to discuss its third quarter financial results. The earnings report will be released before market opening on the same day. Investors can pre-register for the call for immediate access, while those who do not pre-register can dial in five to ten minutes early. Watsco operates as a leading distributor of HVAC/R products across North America and has plans to enhance energy efficiency offerings in response to climate change initiatives.
Watsco, Inc. has declared a quarterly cash dividend of $1.95 per share, marking the 47th consecutive year of dividend payments. This dividend is payable on October 29, 2021, to shareholders on record by October 15, 2021. The company aims to share increasing cash flow with its shareholders while maintaining a conservative financial strategy. Watsco operates the largest distribution network for HVAC/R products across North America and Latin America, emphasizing the importance of energy-efficient systems as part of its long-term sustainability goals.