Watsco Stock Price, News & Analysis

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.

Watsco, Inc. (NYSE: WSO) will have Executive Vice President Barry Logan present at the Morgan Stanley 2021 Virtual Laguna Conference on September 14, 2021, at 4:30 p.m. EDT. Investors can tune into the live webcast at Watsco’s Investor Relations webpage. Watsco is recognized as the largest distribution network for HVAC/R products, catering to over 350,000 contractors and technicians annually across multiple locations including the U.S., Canada, and Mexico. The company aims to participate actively in addressing climate change through energy-efficient HVAC/R solutions.

Watsco (NYSE: WSO) announced that Rick Gomez, Vice President of Corporate Development, will present at the Jefferies 2021 Virtual Industrials Conference on August 3, 2021, at 1:00 p.m. EDT. The presentation will be available via live webcast on Watsco's Investor Relations page.

As the largest distributor of HVAC/R products in North America, Watsco operates over 655 locations, serving over 350,000 contractors annually. The company is committed to improving energy efficiency and addressing climate change through collaboration with OEM partners.

Watsco (WSO) reported record second quarter and first-half results for 2021, with sales reaching $1.85 billion and $2.99 billion respectively. The company achieved a 64% increase in EPS to $3.71 and a 68% rise in operating income to $217 million. The firm's technology investments have enhanced customer engagement, with notable growth in mobile and e-commerce platforms. Recent acquisitions, Temperature Equipment Corporation and Acme Refrigeration, are expected to bolster future growth. Watsco maintains a low debt-to-capitalization ratio of 6%, reflecting a conservative financial strategy.

Watsco, Inc. (NYSE: WSO) will host a conference call on July 22, 2021, at 10:00 a.m. (EDT) to discuss its Q2 financial results. The earnings report will be released before the market opens on the same day. Investors can pre-register for the call to receive a unique PIN for immediate access. The conference call will also be web-cast, providing an opportunity for stakeholders to engage with management. Watsco, a leading distributor of HVAC/R products, operates 651 locations across the U.S., Canada, Mexico, and Puerto Rico, serving over 300,000 contractors each year.

Watsco, Inc. (NYSE: WSO) has declared a quarterly cash dividend of $1.95 per share, marking its 47th consecutive year of dividend payments. This dividend will be payable on July 30, 2021, to shareholders of record by the close of business on July 15, 2021. Watsco emphasizes a commitment to share cash flow with shareholders while maintaining a conservative financial position. The company operates the largest HVAC/R distribution network across the US, Canada, Mexico, and the Caribbean, and aims to contribute to climate change solutions with energy-efficient products.

Watsco, Inc. (NYSE: WSO) has announced new appointments to its Advisory Board, which was formed in 2019 to provide strategic advice to the Board of Directors. The new members include Ana Lopez-Blazquez, LeShelle May, Lorna Meyer, and Troy Rice, who bring diverse expertise in strategy, technology, wealth management, and energy services. Chairman and CEO Albert Nahmad emphasized the board's role in addressing climate change through energy-efficient HVAC systems. Watsco aims to enhance its leadership in the HVAC/R market while contributing to sustainability efforts.

Watsco (NYSE: WSO) announced that Barry Logan, Executive Vice President, will present at the William Blair 41st Annual Growth Stock Conference on June 2, 2021, at 12:20 p.m. EDT. The presentation will be accessible via live webcast on Watsco's Investor Relations website.

Watsco is the largest HVAC/R distribution network in North America, with a strong commitment to improving energy efficiency in older systems. The company serves over 300,000 contractors and aims to contribute to climate change solutions.

Watsco (NYSE: WSO) will participate in the Wolfe Transport & Industrials Conference on May 27, 2021, at 10:50 a.m. EDT. Interested parties can access the live webcast via the Investor Relations section of Watsco’s website. Watsco stands as the largest distributor of HVAC/R products across North America and Latin America, with 651 locations catering to over 300,000 contractors annually. The company aims to address climate change challenges by promoting energy-efficient systems and collaborating with OEM partners for a sustainable future.