Welcome to our dedicated page for Watsco news (Ticker: WSO), a resource for investors and traders seeking the latest updates and insights on Watsco stock.
Watsco, Inc. reports on its role as a North American distributor of HVAC/R products for residential and light-commercial replacement and new-construction markets. Company updates commonly address operating results, gross margin, inventory levels, pricing, customer demand, and the effects of refrigerant product transitions such as A2L on equipment, SKUs, logistics, and contractor support.
Recurring developments also include dividend actions on its Common and Class B common stock, acquisition activity within its distribution network, investor conference participation, and investments in digital platforms and AI-driven tools used by contractors, installers, and technicians.
Watsco (WSO) will present at the 14th Annual Morgan Stanley Laguna Conference at the Ritz Carlton, Laguna Niguel on September 16 at 4:05 p.m. PDT.
A live audio webcast of the presentation will be available through the Investor Relations section of Watsco’s website. Watsco is described as the largest distributor in the North American HVAC/R market, serving more than 70,000 contractors and advancing AI-driven, data-focused digital initiatives.
Watsco (NYSE: WSO) reported second-quarter 2026 revenues up 2% to $2.1 billion (1% same-store), while operating income declined 12% to $238 million and diluted EPS fell 12% to $4.00, reflecting lower gross margins of 27.5% versus 29.3%.
The company acquired Jackson Supply Company, a Sunbelt HVAC distributor with approximately $230 million in annualized sales across 25 locations serving 5,000 customers, adding density in high-growth markets. Year-to-date, revenues rose 1% to $3.6 billion, operating income declined 9%, and EPS decreased 9% to $5.92.
According to Watsco, e-commerce sales grew 13% in the first half of 2026 and reached $2.7 billion, or 37% of sales, over the last 12 months. The company ended the period with $464 million in cash, no debt, operating cash use improved by $164 million year-over-year, and the annual dividend was raised 10% to $13.20 per share.
Watsco (NYSE: WSO) will hold a conference call to discuss its 2026 second quarter results on Wednesday, July 29, 2026 at 10:00 a.m. (EDT). Earnings results will be released before the market opens the same day, and the call will include prepared remarks and a senior management Q&A.
The conference will be webcast via CCBN's StreetEvents and accessible through a highlighted link on watsco.com, with a replay available on the site. Investors and analysts are encouraged to pre-register at the provided URL to receive a unique PIN for immediate access. Those not pre-registered may join by dialing (844) 883-3908 in the U.S. or (412) 317-9254 internationally and requesting the “Watsco” call, preferably 5–10 minutes before start time due to limited phone connections.
Watsco (NYSE: WSO) declared a regular quarterly cash dividend of $3.30 per share on its Common and Class B shares. The dividend is payable on July 31, 2026 to shareholders of record on July 16, 2026.
Watsco has paid dividends for 52 consecutive years and aims to share cash flow while maintaining a conservative balance sheet and capacity to expand its North American HVAC/R distribution network. The company highlights growing digital engagement with about 74,000 contractors and ongoing AI-driven initiatives.
Watsco (NYSE: WSO) has completed its acquisition of Jackson Supply Company, a major HVAC distributor founded in 1972 with $230 million in 2025 sales.
The deal adds 25 locations and about 5,000 contractor customers across seven Sunbelt states, supporting Watsco’s strategy to grow its share of the $74 billion North American HVAC/R distribution market.
Watsco (NYSE: WSO) reported first quarter 2026 results and agreed to acquire Jackson Supply Company, a Sunbelt HVAC distributor with annual sales of $230 million. Q1 revenue was $1.53 billion (flat), diluted EPS was $1.87 (down 3%), and the company held $593 million cash and short-term investments with no debt. E-commerce represented ~36% of trailing 12-month sales and OnCallAir® GMV rose 20%.
Watsco (NYSE: WSO) signed a definitive agreement to acquire Jackson Supply Company, a Sunbelt HVAC distributor with $230 million in 2025 sales, ~5,000 customers and 25 locations. Jackson Supply will operate independently under existing leaders Jim Durrett and Jennifer Ballsieper. The transaction is expected to close in Q2 and is subject to customary closing conditions and regulatory approvals. The move aligns with Watsco’s buy-and-build approach (72 acquisitions since 1989) to expand in the estimated $74 billion North American HVAC/R distribution market.
Watsco (NYSE: WSO) will discuss its 2026 first quarter results on a conference call scheduled for Tuesday, April 28, 2026 at 10:00 a.m. EDT. Prepared remarks will be followed by a Q&A with senior management.
The results will be released before market open on April 28, 2026, and the call will be webcast via CCBN StreetEvents with a replay on the company website. Investors may pre-register for a unique PIN or dial in directly; limited telephone connections are available.
Watsco (NYSE: WSO) declared a regular quarterly cash dividend of $3.30 per share, payable April 30, 2026 to shareholders of record at close of business April 16, 2026. This raises the annual rate 10% to $13.20 per share. Watsco has paid dividends for 52 consecutive years and cited a strong balance sheet supporting continued dividend increases.
Watsco (NYSE: WSO) will participate in the J.P. Morgan 2026 Industrials Conference with a fireside chat on March 17, 2026 at 10:10 a.m. EDT.
Barry Logan, Executive Vice President, and Rick Gomez, Vice President, will speak. A live webcast will be available in the company's Investor Relations events section. Watsco highlights a 17% compounded annual total-shareholder return, ownership of more than 70 acquired businesses, and digital engagement with ~73,000 contractors.