WSO

Watsco’s Earnings Call to Discuss First Quarter Results Scheduled on April 24, 2024

Retrieved on: 
Monday, April 8, 2024
Watsco, PIN, WSO, EDT, CCBN

MIAMI, April 08, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2024 first quarter financial results on Wednesday, April 24, 2024 at 10:00 a.m. (EDT).

Key Points: 
  • MIAMI, April 08, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2024 first quarter financial results on Wednesday, April 24, 2024 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 April 24, 2024.

Watsco Boosts Annual Dividend 10% to $10.80 Per Share

Retrieved on: 
Monday, April 1, 2024
WSO, Common, Holding company

MIAMI, April 01, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc.’s (NYSE: WSO) Board of Directors has declared a regular quarterly cash dividend of $2.70 on each outstanding share of its Common and Class B common stock payable on April 30, 2024 to shareholders of record at the close of business on April 15, 2024.

Key Points: 
  • MIAMI, April 01, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc.’s (NYSE: WSO) Board of Directors has declared a regular quarterly cash dividend of $2.70 on each outstanding share of its Common and Class B common stock payable on April 30, 2024 to shareholders of record at the close of business on April 15, 2024.
  • Albert H. Nahmad, Watsco’s Chairman & CEO, stated: “We are pleased to increase dividends to shareholders, reflecting our confidence in the prospects of our business, which is fundamentally supported by our strong balance sheet.”
    Watsco has paid dividends to shareholders for 50 consecutive years.
  • 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, cash flow, general economic conditions and Watsco’s overall financial condition.

Watsco to Present at the J.P. Morgan 2024 Industrials Conference

Retrieved on: 
Friday, March 8, 2024
EDT, WSO, Watsco, Conference

MIAMI, March 08, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Barry Logan, Executive Vice President, is scheduled to speak at J.P. Morgan’s 2024 Industrials Conference being held at J.P. Morgan’s offices on Tuesday, March 12, 2024 at 9:15 a.m. (EDT).

Key Points: 
  • MIAMI, March 08, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Barry Logan, Executive Vice President, is scheduled to speak at J.P. Morgan’s 2024 Industrials Conference being held at J.P. Morgan’s offices on Tuesday, March 12, 2024 at 9:15 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 .

Watsco Boosts Annual Dividend 10% to $10.80 Per Share

Retrieved on: 
Tuesday, February 13, 2024
WSO, Common, Watsco, Holding company

MIAMI, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced that its Board of Directors approved a 10% increase in its annual dividend to $10.80 per share on each outstanding share of its Common and Class B common stock.

Key Points: 
  • MIAMI, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE:WSO) announced that its Board of Directors approved a 10% increase in its annual dividend to $10.80 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 2024.
  • The Company’s philosophy is to share increasing amounts of cash flow through higher 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, cash flow, general economic conditions and Watsco’s overall financial condition.

Watsco Reports Strong 2023 Performance Gaining Share in a Soft Market Boosts Annual Dividend 10% to $10.80 Per Share

Retrieved on: 
Tuesday, February 13, 2024
Name, Acquisition, HVAC, Google Chrome App, Gateway, OEM, Watsco, Federation, Investment, Ageing, Growth, WSO, Calendar, Nature, Adjustment, ASU, Transition, Climate change, GAAP, EPS, Movement

MIAMI, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) reported its results for the fourth quarter and full year ended December 31, 2023. The Company also provided commentary on business trends, growth opportunities, technology innovation and its financial strength.

Key Points: 
  • In contrast, 2023 performance reflects softer market conditions with more conventional levels of pricing actions and normalized levels of HVAC system replacement.
  • Based on published industry data, annual OEM shipments of unitary HVAC systems declined by approximately 15% in 2023 (over 30% decline during the fourth quarter).
  • 2023 results also reflect a significant product transition to higher-efficiency systems in response to regulatory requirements that went into effect on January 1, 2023.
  • For over a decade, our contractor-based platforms have helped Watsco build market share, accelerate customer acquisition and drive margin expansion.

Watsco to Host 2023 Earnings Call February 13, 2024

Retrieved on: 
Tuesday, February 6, 2024
WSO, Watsco, Global warming potential, Energy Information Administration, Primary energy, Ageing, HVAC, Climate change, PIN, Carbon, CCBN, Refrigeration, Air conditioning, Sale, Heat, Electricity

MIAMI, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2023 fourth quarter and annual financial results on Tuesday, February 13, 2024 at 10:00 a.m. (ET).

Key Points: 
  • MIAMI, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that it will host a conference call to discuss its 2023 fourth quarter and annual financial results on Tuesday, February 13, 2024 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 13, 2024.

Watsco Declares $2.45 Quarterly Dividend and Commemorates Paying Dividends for 50 Consecutive Years

Retrieved on: 
Tuesday, January 2, 2024
Growth, WSO, Watsco, Common

Albert H. Nahmad, Watsco’s Chairman and CEO stated: “This marks our 50th consecutive year of paying dividends.

Key Points: 
  • Albert H. Nahmad, Watsco’s Chairman and CEO stated: “This marks our 50th consecutive year of paying dividends.
  • We believe this represents an extraordinary milestone, especially given the Company’s strong track record of growth.
  • We are very pleased to share our success with shareholders through dividends, which have grown at a compounded annual growth rate of 21% since Watsco entered distribution in 1989.”
    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, cash flow, general economic conditions and Watsco’s overall financial condition.

Watsco to Present at the Stephens Annual Investment Conference on November 14, 2023

Retrieved on: 
Monday, November 13, 2023
WSO, NYSE, Watsco, Conference

MIAMI, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Enrique (Rick) Gomez, Vice President, is scheduled to speak at the Stephens Annual Investment Conference being held at the Grand Hyatt in Nashville, Tennessee on Tuesday, November 14, 2023 at 3:00 p.m. (ET).

Key Points: 
  • MIAMI, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) announced today that Enrique (Rick) Gomez, Vice President, is scheduled to speak at the Stephens Annual Investment Conference being held at the Grand Hyatt in Nashville, Tennessee on Tuesday, November 14, 2023 at 3:00 p.m. (ET).
  • Internet users can listen to a live webcast of the presentation at the Investor Relations section of Watsco’s website at www.watsco.com .

Tennis Legend Roscoe Tanner Set to Headline "Serve Challenge" Event on Veterans Day Saturday, November 11th

Retrieved on: 
Wednesday, November 1, 2023
BAM, NCAA DI, Suicide, NFL, Double fault, Education, Tennis, Seed, National Football League Alumni, United Nations, Serve, Rocket, News, 2021 Australian Open, Veteran, Paralympic Games, United, Walter Reed Hospital, City, Wimbledon, Magic, Radio Television of Serbia, UCLA, Woman, WSO, NCAA, Mechanics, Magic Castle, Nursing, Entertainment

HOUSTON, Nov. 1, 2023 /PRNewswire-PRWeb/ -- (WSO), a 501(c)(3) non-profit corporation dedicated to creating sports rehabilitation and wellness opportunities for the disabled, announced additional plans today for the "Serve Challenge" fundraising event on Saturday, November 11th at Fall Creek Tennis Academy in Humble, Texas. This celebration of serving will feature Grand Slam Champion, Roscoe Tanner, who once had the fastest serve in professional tennis headlining a tennis clinic, followed by a serving skills challenge. The event, held on Veteran's Day, will also conduct a ceremony celebrating the efforts of our military men and women.

Key Points: 
  • This celebration of serving will feature Grand Slam Champion, Roscoe Tanner, who once had the fastest serve in professional tennis headlining a tennis clinic, followed by a serving skills challenge.
  • The event, held on Veteran's Day, will also conduct a ceremony celebrating the efforts of our military men and women.
    "
  • Tennis professionals Roscoe Tanner and Brady Alan Mazzola are available to be booked as guests on your news and sports programs and podcasts.
  • "We are blessed to have Roscoe participating at this Veterans' Day event," said Mazzola.

World Stroke Day: World Stroke Organization calls for Action on Prevention as Global Stroke Mortality is Predicted to Rise by 50%

Retrieved on: 
Friday, October 27, 2023
Stroke, Prevalence, Commission, WSO, Risk, Diabetes, Incidence, Hypertension, World Stroke Organization, Dietary supplement

GENEVA, Oct. 27, 2023 /PRNewswire/ -- The World Stroke Organization ( WSO ) is calling on governments and healthcare systems to implement recommendations on stroke prevention set out in the new WSO-Lancet Neurology Commission report.

Key Points: 
  • GENEVA, Oct. 27, 2023 /PRNewswire/ -- The World Stroke Organization ( WSO ) is calling on governments and healthcare systems to implement recommendations on stroke prevention set out in the new WSO-Lancet Neurology Commission report.
  • Over 90% of stroke deaths will be in low- and middle-income countries.
  • As for stroke mortality, the prevalence of stroke-related disability is also increasing at a faster pace in LMICs than in high-income countries.
  • The report also recommends action to improve health literacy in relation to stroke prevention.