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News · 26 weeks9+100%
2025-10-262026-04-19
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- Earnings3(50%)
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25 items- PRWatsco Schedules First Quarter Conference Call On Tuesday, April 28, 2026MIAMI, April 10, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today that it has scheduled a conference call to discuss its 2026 first quarter results on Tuesday, April 28, 2026 at 10:00 a.m. (EDT). Prepared remarks regarding the results will be followed by a question-and-answer session with the senior management team.The conference call will be webcast by CCBN's StreetEvents and can be found under the link highlighted on our website at www.watsco.com. The earnings results will be released before the market opens on April 28, 2026. A replay of the conference call will be available on our website. Investors and analysts are encouraged to pre-register for the conference call by
- PRWatsco Declares $3.30 Quarterly DividendMIAMI, April 01, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc.'s (NYSE:WSO) Board of Directors has declared a regular quarterly cash dividend of $3.30 on each outstanding share of its Common and Class B common stock payable on April 30, 2026 to shareholders of record at the close of business on April 16, 2026. This marks a 10% increase to an annual rate of $13.20 per share. Albert H. Nahmad, Watsco's Chairman & CEO stated: "We are pleased to increase dividends to shareholders, reflecting our continued confidence in our business, which is fundamentally supported by our strong balance sheet." Watsco has paid dividends to shareholders for 52 consecutive years. The Company's philosophy is to share c
- PRWatsco to Participate in the J.P. Morgan Industrials Conference on March 17, 2026 at 10:10 a.m.MIAMI, March 16, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) today announced its participation in the upcoming J.P. Morgan 2026 Industrials Conference. Barry Logan, Executive Vice President, and Rick Gomez, Vice President, will participate in a fireside chat at the event on Tuesday, March 17, 2026 at 10:10 a.m. (EDT). A live webcast of the event will be available in the Investor Relations section of Watsco's website at https://investors.watsco.com/events. About Watsco Watsco is the largest distributor in the highly-fragmented North American HVAC/R market. Since entering distribution in 1989, Watsco has achieved a 17% compounded annual total-shareholder return through a combination
- PRWatsco Reports Record Full-Year Gross Margin, Meets Inventory Reduction Target and Generates Record 4th Quarter Cash Flow in Challenging Market ConditionsBoosts Annual Dividend 10% to $13.20 Per Share Entrepreneurial Culture, Transformational Technologies and Debt-Free Balance Sheet Positions Company for Growth MIAMI, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced its operating results for the full-year and fourth quarter period ended December 31, 2025. The Company also provided updates related to innovation and technology, business trends and long-term growth opportunities. Watsco also announced today a 10% increase in its annual dividend to $13.20 per share effective with its next regular dividend payment in April 2026. This year marks Watsco's 52nd consecutive year of paying dividends. Watsco is the large
- PRWatsco Boosts Annual Dividend 10% to $13.20 Per ShareMIAMI, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced that its Board of Directors approved a 10% increase in its annual dividend to $13.20 per share on each outstanding share of its Common and Class B common stock. The increase will be reflected in the Company's next quarterly dividend payment in April 2026. Albert H. Nahmad, Watsco's Chairman & CEO stated: "We are pleased to increase dividends to shareholders, which reflects our confidence in the prospects of our business and is supported by our strong cash flow and balance sheet." Watsco has paid dividends to shareholders for 52 consecutive years. The Company's philosophy is to share cash flow through dividends whi
- PRWatsco Schedules Conference Call to Review 2025 Fourth Quarter Performance and Annual ResultsMIAMI, Jan. 30, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today that it has scheduled a conference call to discuss its 2025 fourth quarter performance and annual results on Tuesday, February 17, 2026 at 10:00 a.m. (ET). Prepared remarks regarding the results will be followed by a question-and-answer session with the senior management team.The conference call will be web-cast by CCBN's StreetEvents and can be found under the link highlighted on our website at www.watsco.com. The earnings results will be released before the market opens on February 17, 2026. A replay of the conference call will be available on our website. Investors and analysts are encouraged to pre-regist
- ANALYSTUBS resumed coverage on Watsco with a new price targetUBS resumed coverage of Watsco with a rating of Neutral and set a new price target of $370.00
- PRWatsco Declares $3.00 Quarterly DividendMIAMI, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Watsco, Inc.'s (NYSE:WSO) Board of Directors has declared a regular quarterly cash dividend of $3.00 on each outstanding share of its Common and Class B common stock payable on January 30, 2026 to shareholders of record at the close of business on January 16, 2026. Watsco has paid dividends to shareholders for 52 consecutive years. The Company's philosophy is to share cash flow through dividends while keeping a conservative balance sheet with continued capacity to build its distribution network. Future changes in dividends will be considered in light of investment opportunities, cash flow, general economic conditions and Watsco's overall financial
- PRWatsco Reports Record Third Quarter Gross Profit, Gross Margin and Operating Cash Flow in Challenging Market ConditionsMIAMI, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced its operating results for the third quarter and nine-month period ended September 30, 2025. The Company also provided updates related to innovation and technology, business trends and long-term growth opportunities. Watsco is the largest distributor in the highly-fragmented $74 billion North American market for HVAC products. Since entering distribution in 1989, Watsco has achieved an 18% compounded annual total-shareholder return through a combination of organic growth and the acquisition of more than 70 market-leading businesses. The Company maintains a solid financial position with currently more than $640
- PRWatsco to Host Investor Day to Showcase Transformational Technologies and New Strategies that Enhance Long-Term Growth and ProfitabilityMIAMI, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today it will hold a meeting for institutional investors and analysts on Thursday December 11, 2025 in Coral Gables, Florida. The event will begin at 9:00 a.m. Eastern Time and will be webcast live on the Company's website www.watsco.com. Attendees interesting in joining the event in person are asked to email ir@watsco.com for additional details. Watsco has transformed the HVAC/R distribution landscape with leading-edge technologies that have elevated the customer experience and created the industry's leading digital ecosystem for HVAC/R contractors, resulting in new customer acquisition and market share gains. In
- ANALYSTWatsco downgraded by William BlairWilliam Blair downgraded Watsco from Outperform to Mkt Perform
- PRWatsco Schedules Third Quarter Earnings Call on October 29, 2025MIAMI, Oct. 13, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today that it will host its third quarter 2025 conference call on Wednesday, October 29, 2025 at 10:00 a.m. (EDT). Prepared remarks regarding the results will be followed by a question-and-answer session with the senior management team.The conference call will be web-cast by CCBN's StreetEvents and can be found under the link on our website at www.watsco.com. The earnings results will be released before the market opens on October 29, 2025. A replay of the conference call will be available on our website. Investors and analysts are encouraged to pre-register for the conference call by using the link below. Particip
- PRWatsco Declares $3.00 Quarterly DividendMIAMI, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc.'s (NYSE:WSO) Board of Directors has declared a regular quarterly cash dividend of $3.00 on each outstanding share of its Common and Class B common stock payable on October 31, 2025 to shareholders of record at the close of business on October 16, 2025. Watsco has paid dividends to shareholders for 51 consecutive years. The Company's philosophy is to share cash flow through dividends while keeping a conservative balance sheet with continued capacity to build its distribution network. Future changes in dividends will be considered in light of investment opportunities, cash flow, general economic conditions and Watsco's overall financial
- PRWatsco to Present at the 13th Annual Morgan Stanley Laguna Conference on September 11, 2025 at 4:50 p.m. PDTMIAMI, Sept. 11, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today that Barry S. Logan, Executive Vice President, is scheduled to present at the 13th Annual Morgan Stanley Laguna Conference being held at the Ritz Carlton, Laguna Niguel on Thursday, September 11, 2025 at 4:50 p.m. (PDT). 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 Watsco operates the largest distribution network for heating, air conditioning and refrigeration (HVAC/R) products with locations in the U.S., Canada, Mexico, and Puerto Rico, and on an export basis to Latin America and the Caribbean. W
- PRWatsco Reports Second Quarter 2025 Results and Provides Update on Innovation & Strategic Technology InitiativesRecord Gross Profit Margins & Expanded Operating Margins Amidst A2L Product Transition; Strong Balance Sheet Fortifies the Company and Enables Continued Investments in Growth MIAMI, July 30, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced its operating results for the second quarter and six-month period ended June 30, 2025. The Company also provided updates related to innovation and technology, growth opportunities and overall business trends. Watsco is the largest distributor in the highly-fragmented $74 billion North American market for HVAC products. Since entering distribution in 1989, Watsco has achieved an 18% compounded annual total-shareholder return through a combina
- PRWatsco Schedules Second Quarter Earnings Call on July 30, 2025MIAMI, July 18, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today that it will host its second quarter 2025 conference call on Wednesday, July 30, 2025 at 10:00 a.m. (EDT). Prepared remarks regarding the results will be followed by a question-and-answer session with the senior management team. The conference call will be web-cast by CCBN's StreetEvents and can be found under the link on our website at www.watsco.com. The earnings results will be released before the market opens on July 30, 2025. A replay of the conference call will be available on our website. Investors and analysts are encouraged to pre-register for the conference call by using the link below. Participant
- PRWatsco Declares $3.00 Quarterly DividendMIAMI, July 01, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc.'s (NYSE:WSO) Board of Directors has declared a regular quarterly cash dividend of $3.00 on each outstanding share of its Common and Class B common stock payable on July 31, 2025 to shareholders of record at the close of business on July 16, 2025. Watsco has paid dividends to shareholders for 51 consecutive years, with this quarter marking the 200th consecutive quarter of dividend payments. The Company's philosophy is to share cash flow through dividends while maintaining a conservative balance sheet with continued capacity to build its distribution network. Future changes in dividends are considered in light of investment opportunities
- PRWatsco Acquires Southern Ice Equipment DistributorsMIAMI, May 05, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced that it has completed the acquisition of Southern Ice Equipment Distributors as well as two other transactions completed thus far in 2025. Terms of the transactions were not disclosed. Founded in 1984 and based in Lafayette, Louisiana, Southern Ice is a leading distributor of food-service and commercial refrigeration equipment, parts and supplies, including products manufactured by Manitowoc Ice, a division of Pentair plc. The Company operates seven locations in key Sunbelt markets including Louisiana, Mississippi, Arkansas, Texas, New Mexico and Arizona. Southern Ice will operate under its existing name and under t
- PRWatsco's First Quarter Reflects Large-Scale Product Transition, Strong Sales Growth and Expanded Margins in Core Replacement MarketMIAMI, April 23, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced its operating results for the first quarter ended March 31, 2025 and provided commentary on growth opportunities, business trends, its financial position and long-term growth drivers. Watsco is the leading distributor in the HVAC/R marketplace, serving over 375,000 contractors, technicians and installers from 693 locations across the U.S., Canada and Latin America. Since entering distribution in 1989, the Company has scaled to be the industry leader through a combination of organic growth and the acquisition of 71 businesses. From 1989 through 2024, Watsco has achieved a 19% compounded annual growth rate (CAGR) fo
- ANALYSTMorgan Stanley initiated coverage on Watsco with a new price targetMorgan Stanley initiated coverage of Watsco with a rating of Equal-Weight and set a new price target of $515.00
- PRWatsco Schedules First Quarter Conference Call On Wednesday, April 23, 2025MIAMI, April 09, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced today that it has scheduled a conference call to discuss its 2025 first quarter results on Wednesday, April 23, 2025 at 10:00 a.m. (EDT). Prepared remarks regarding the results will be followed by a question-and-answer session with the senior management team. The conference call will be web-cast by CCBN's StreetEvents and can be found under the link highlighted on our website at www.watsco.com. The earnings results will be released before the market opens on February 18, 2025. A replay of the conference call will be available on our website. Investors and analysts are encouraged to pre-register for the conference
- PRWatsco Declares $3.00 Quarterly Dividend, Reflects 11% Increase to an Annual Rate of $12.00 Per ShareMIAMI, April 01, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc.'s (NYSE:WSO) Board of Directors has declared a regular quarterly cash dividend of $3.00 on each outstanding share of its Common and Class B common stock payable on April 30, 2025 to shareholders of record at the close of business on April 15, 2025. This marks an 11% increase to an annual rate of $12.00 per share. Albert H. Nahmad, Watsco's Chairman & CEO stated: "We are pleased to increase dividends to shareholders, reflecting our continued confidence in our business, which is fundamentally supported by our strong balance sheet." Watsco has paid dividends to shareholders for 51 consecutive years. The Company's philosophy is to sh
- PRWatsco to Participate in the J.P. Morgan 2025 Industrials Conference on March 12, 2025 at 8:15 a.m.MIAMI, March 11, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) today announced its participation in the upcoming J.P. Morgan 2025 Industrials Conference. Barry Logan, Executive Vice President, and Rick Gomez, Vice President, will participate in a fireside chat at the event on Wednesday, March 12, 2025 at 8:15 a.m. (EDT). A live webcast of the event will be available in the Investor Relations section of Watsco's website at https://investors.watsco.com/events. About Watsco Watsco is the largest distributor of 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 t
- PRWatsco Reports Record Fourth Quarter Sales, Expanded Margins and Record Cash FlowBoosts Annual Dividend 11% to $12.00 Per Share Entrepreneurial Culture, Transformational Technologies and Debt-Free Balance Sheet Continue to Produce Results and Provide Long-Term Opportunities MIAMI, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) reported fourth quarter and full year 2024 results and provided commentary on current business trends, technology innovation and long-term growth drivers. Watsco also announced today an 11% increase to its annual dividend to $12.00 per share effective with its next regular dividend payment in April 2025. Watsco is the leading distributor in the HVAC/R marketplace, serving over 375,000 contractors, technicians and installers
- PRWatsco Boosts Annual Dividend 11% to $12.00 Per ShareMIAMI, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced that its Board of Directors approved an 11% increase in its annual dividend to $12.00 per share on each outstanding share of its Common and Class B common stock. The increase will be reflected in the Company's next quarterly dividend payment in April 2025. Albert H. Nahmad, Watsco's Chairman & CEO stated: "We are pleased to increase dividends to shareholders, reflecting the strength of our 2024 performance and our confidence in the prospects of our business, which is fundamentally supported by our strong balance sheet." Watsco has paid dividends to shareholders for 51 consecutive years. The Company's philosophy is