Company Overview - Watsco, Inc. operates the largest distribution network for heating, air conditioning, and refrigeration (HVAC/R) products across the United States, Canada, Mexico, and Puerto Rico, with additional exports to Latin America and the Caribbean [4] - The company has 691 locations that serve over 375,000 owner-operators, technicians, and installers annually, providing information, technical support, and product sales [4] Market Insights - The replacement market for HVAC systems is growing due to the aging of installed systems, the introduction of more energy-efficient models, and the essential nature of HVAC products in residential and commercial settings [2] - Approximately 102 million HVAC systems in the U.S. have been in service for over 10 years, many of which operate below current minimum efficiency standards [2] Environmental Impact - Watsco has contributed to a significant reduction in CO2e emissions, averting an estimated 20.9 million metric tons from January 1, 2020, to June 30, 2024, through the sale of higher-efficiency replacement HVAC systems [5] - This reduction is equivalent to removing 5.0 million gas-powered vehicles from the road annually [5] - HVAC systems account for roughly half of U.S. household energy consumption, making the replacement of older systems with higher efficiency models critical for reducing electricity consumption and carbon footprints [8] Upcoming Events - Watsco will host a conference call on July 30, 2024, at 10:00 a.m. (EDT) to discuss its second-quarter results, with prepared remarks followed by a Q&A session [1][6] - Investors and analysts are encouraged to pre-register for the call to receive a unique PIN for immediate access [3]

We focus on the replacement market, which has increased in size and importance as a result of the aging of installed systems, the introduction of higher energy efficient models and the necessity of HVAC products in homes and businesses. According to data published in March 2023 by the Energy Information Administration, there are approximately 102 million HVAC systems installed in the United States that have been in service for more than 10 years, most of which operate well below current minimum efficiency s ...

MIAMI, July 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 July 31, 2024 to shareholders of record at the close of business on July 16, 2024. 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 bui ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended March 31, 2024 or ☐ Transition Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Transition Period From to Commission file number 1-5581 WATSCO, INC. (Exact name of registrant as specified in its charter) FLORIDA 59-0778222 (State or other jurisdiction of ...

Exhibit 99.1 Watsco Reports Record First Quarter Sales, Record Cash Flow and Improving Business Trends Ahead of Summer Selling Season Continued Customer Adoption of Industry-Leading Technologies Drives Share Gains; Company Strengthens Balance Sheet for Long-Term Investment and Growth MIAMI, FLORIDA – (GLOBENEWSWIRE), April 24, 2024 – Watsco, Inc. (NYSE: WSO) announced its operating results for the first quarter ended March 31, 2024 and provided commentary on business trends, growth opportunities, technology ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934 For the Fiscal Year Ended December 31, 2023 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Transition Period from to Commission File Number 1-5581 WATSCO, INC. (Exact name of registrant as specified in its charter) FLORIDA 59-0778222 (State or other jurisdiction of ...

Watsco, Inc. (NYSE:WSO) Q4 2023 Earnings Conference Call February 13, 2024 10:00 AM ET Company Participants Albert Nahmad - Chairman and CEO A.J. Nahmad - President Barry Logan - EVP Paul Johnston - EVP Rick Gomez - VP Conference Call Participants Tommy Moll - Stephens Ryan Merkel - William Blair David Manthey - Baird Brett Linzey - Mizuho Jeffrey Sprague - Vertical Research Joe Ahlersmeyer - Deutsche Bank Jeff Hammond - KeyBanc Capital Markets Steve Tusa - JPMorgan Damian Karas - UBS Operator Good morning, ...

Large accelerated filer ☒ Accelerated filer ☐ Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended September 30, 2023 or ☐ Transition Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Transition Period From to Commission file number 1-5581 WATSCO, INC. (Exact name of registrant as specified in its charter) ...

Watsco, Inc. (NYSE:WSO) Q3 2023 Earnings Conference Call October 19, 2023 10:00 AM ET Company Participants Al Nahmad - CEO A.J. Nahmad - President Paul Johnston - EVP Barry Logan - EVP Rick Gomez - VP Conference Call Participants Tommy Moll - Stephens Brett Linzey - Mizuho Dave Manthey - Baird Nigel Coe - Wolfe Research Ryan Merkel - William Blair Jeff Hammond - KeyBanc Damian Karas - UBS Steve Volkmann - Jefferies Steve Tusa - JPMorgan Jeffrey Sprague - Vertical Research Joe Ahlersmeyer - Deutsche Bank Ope ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended June 30, 2023 or ☐ Transition Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Transition Period From to Commission file number 1-5581 WATSCO, INC. (Exact name of registrant as specified in its charter) FLORIDA 59-0778222 (State or other jurisdiction of ...