Watsco to Present at the 10th Annual Morgan Stanley Laguna Conference on September 14, 2022

Rhea-AI Summary

Watsco, Inc. (NYSE: WSO) announces that Executive Vice President Barry Logan will present at Morgan Stanley's 10th Annual Laguna Conference on September 14, 2022, at 3:10 p.m. PDT. The presentation will be available via live webcast on Watsco's Investor Relations website. As the leading distributor of HVAC/R products in the U.S., Canada, Mexico, and Puerto Rico, Watsco aims to combat climate change by promoting higher efficiency HVAC systems. From January 2020 to June 2022, the company averted approximately 12.9 million metric tons of CO2e emissions through its sales of upgraded HVAC systems.

MIAMI, Sept. 09, 2022 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Barry Logan, Executive Vice President, is scheduled to speak at Morgan Stanley’s 10^th Annual Laguna Conference being held at the Ritz Carlton hotel in Laguna Beach on Wednesday, September 14, 2022 at 3:10 p.m. (PDT). Internet users can listen to a live webcast of the presentation at the Investor Relations section of Watsco’s website at www.watsco.com.

About Watsco, Inc.

Watsco is the largest distribution network for heating, air conditioning and refrigeration (HVAC/R) products with locations in the United States, Canada, Mexico and Puerto Rico, and on an export basis to Latin America and the Caribbean. Watsco estimates that over 350,000 contractors and technicians visit or call one of its 673 locations each year to get information, obtain technical support and buy products.

Watsco has the opportunity to be a significant and important contributor toward climate change as its business plays an important role in the drive to lower CO2e emissions. According to the Department of Energy, heating and air conditioning accounts for roughly half of U.S. household energy consumption. As such, replacing HVAC systems at higher efficiency levels is one of the most meaningful steps homeowners can take to reduce electricity consumption and carbon footprint over time. 

The overwhelming majority of new HVAC systems sold by Watsco replace systems that likely operate well below current minimum efficiency standards in the U.S. and may use more harmful refrigerants that have been subsequently phased-out. As consumers replace HVAC systems with new, higher-efficiency systems, homeowners will consume less energy, save costs and reduce the carbon footprint over time.

Based on estimates validated by independent sources, Watsco averted an estimated 12.9 million metric tons of CO2e emissions from January 1, 2020 to June 30, 2022 through the sale of replacement HVAC systems at higher-efficiency standards. More information, including sources and assumptions used to support the Company’s estimates, can be found at www.watsco.com.

Barry S. Logan
Executive Vice President
(305) 714-4102
e-mail: blogan@watsco.com

FAQ

What date is Barry Logan speaking at the Morgan Stanley Laguna Conference for WSO?

Barry Logan will speak on September 14, 2022, at 3:10 p.m. PDT.

Where can I listen to the live presentation from Watsco?

The live webcast can be accessed on Watsco's Investor Relations website.

How many locations does Watsco operate in North America?

Watsco has 673 locations across the U.S., Canada, Mexico, and Puerto Rico.

What is the environmental impact of Watsco's HVAC systems?

Watsco estimates it averted 12.9 million metric tons of CO2e emissions from January 2020 to June 2022.

Why is Watsco significant in combating climate change?

Watsco’s focus on higher efficiency HVAC systems helps reduce energy consumption and CO2 emissions.