MIAMI--(BUSINESS WIRE)--Jul. 11, 2017--
Watsco, Inc. (NYSE: WSO) announced today that it will host a conference
call to discuss its 2017 second quarter earnings results on Tuesday,
July 25, 2017 at 10:00 a.m. (EDT). Prepared remarks regarding the
financial and operational results will be followed by a question and
answer session with Watsco’s 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 http://www.watsco.com.
The earnings results will be released before the market opens on July
25, 2017. A replay of the conference call will be available on our
Investors and analysts are encouraged to pre-register for the conference
call by using the link below. Participants who pre-register will be
given a unique PIN to gain immediate access to the call.
Pre-registration may be completed at any time up to the call start time.
To pre-register, go to:
Participants that would like to join the conference call, but have not
pre-registered, can do so by dialing (844) 883-3908 within the United
States or (412) 317-9254 internationally and asking for the “Watsco,
Inc” call. Please call five to ten minutes prior to the scheduled start
time as the number of telephone connections is limited.
Watsco provides comfort to homes and businesses regardless of the
outdoor climate. There are approximately 92 million central air
conditioning and heating systems installed in the United States that
have been in service more than 10 years. Older systems often operate
below today’s government mandated energy efficiency and environmental
standards. Watsco has an opportunity to accelerate the replacement of
these systems at a scale greater than its competitors as the movement
toward reducing energy consumption and its environmental impact
continues. This is especially important since heating and cooling
accounts for approximately half of the energy consumed in a typical U.S.
Watsco’s traditional sales channel is the industry’s largest and
currently serves 88,000 contractor businesses through 561 locations in
the United States, Canada, Mexico and Puerto Rico, and on an export
basis to Latin America and the Caribbean. Watsco is a technology
company, operating scalable platforms for mobile apps, e-commerce,
business intelligence and supply chain. Strategic goals are to
accelerate sales and profit growth, increase the speed and convenience
of serving customers and to extend its reach into new geographies and
sales channels. Watsco is also developing technologies to address the
evolving buying habits of consumers in the digital economy. Over the
long-term, Watsco believes its focus, scale and innovative culture offer
significant advantages to address the consumer market, which is
estimated to be $88 billion annually. Additional information about
Watsco may be found at http://www.watsco.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170711005137/en/
Source: Watsco, Inc.
Barry S. Logan, 305-714-4102
Senior Vice President