Watsco to Present at the J.P. Morgan 2023 Industrials Conference on March 15, 2023

Rhea-AI Summary

Watsco (NYSE: WSO) announced that Barry Logan, Executive Vice President, will present at J.P. Morgan's 2023 Industrials Conference on March 15, 2023, at 9:40 a.m. (EDT). The presentation will be available via live webcast on Watsco's Investor Relations webpage. As the largest HVAC/R distribution network in North America, Watsco serves over 350,000 contractors through its 673 locations. The company emphasizes its role in combating climate change, having prevented an estimated 15.8 million metric tons of CO2e emissions since 2020 through the sale of high-efficiency HVAC systems, equivalent to removing 3.4 million gas-powered vehicles from the road for a year.

MIAMI, March 14, 2023 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Barry Logan, Executive Vice President, is scheduled to speak at J.P. Morgan’s 2023 Industrials Conference being held at J.P. Morgan’s offices on Wednesday, March 15, 2023 at 9:40 a.m. (EDT). 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

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’s 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. 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 15.8 million metric tons of CO2e emissions from January 1, 2020 to December 31, 2022 through the sale of replacement HVAC systems at higher-efficiency standards (an equivalent of removing 3.4 million gas powered vehicles off the road for a year). 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

When is Barry Logan speaking at the J.P. Morgan 2023 Industrials Conference for Watsco (WSO)?

Barry Logan will present on March 15, 2023, at 9:40 a.m. (EDT) at the J.P. Morgan 2023 Industrials Conference.

Where can I watch the Watsco (WSO) presentation live?

The presentation can be viewed live on Watsco's Investor Relations section of their website.

What role does Watsco (WSO) play in reducing CO2 emissions?

Watsco has a significant impact on reducing CO2 emissions by selling high-efficiency HVAC systems, having averted an estimated 15.8 million metric tons of CO2e emissions since 2020.

How many locations does Watsco (WSO) operate?

Watsco operates 673 locations across the United States, Canada, Mexico, and Puerto Rico.

What is the estimated impact of Watsco's (WSO) HVAC systems on energy consumption?

Watsco's high-efficiency HVAC systems help homeowners reduce energy consumption and costs, contributing to lower carbon footprints.