Profile: Watsco Inc (WSO.N)
26 May 2017
Watsco, Inc., incorporated on July 14, 1956, is a distributor of air conditioning, heating and refrigeration equipment, and related parts and supplies (HVAC/R) in the HVAC/R distribution industry in North America. As of December 31, 2016, the Company sold a range of non-equipment products, representing more than 300,000 stock keeping units (SKUs), including parts, ductwork, air movement products, insulation, tools, installation supplies, thermostats and air quality products. These products include condensing units, compressors, evaporators, valves, refrigerant, walk-in coolers and ice machines for industrial and commercial applications. The Company sells products to the refrigeration market.
The Company distributes products consisting of equipment, including residential ducted and ductless air conditioners ranging from 1 to 5 tons, gas, electric and oil furnaces ranging from 50,000 to 150,000 British Thermal Units (BTUs), commercial air conditioning and heating equipment and systems ranging from 1.5 to 25 tons and other specialized equipment; parts, including replacement compressors, evaporator coils, motors and other component parts, and supplies, including thermostats, insulation material, refrigerants, ductwork, grills, registers, sheet metal, tools, copper tubing, concrete pads, tape, adhesives and other ancillary supplies. As of December 31, 2016, the Company operated from 565 locations in 37 the United States States, Canada, Mexico and Puerto Rico with additional market coverage on an export basis to portions of Latin America and the Caribbean, through which it serves contractors and dealers that service the replacement and new construction markets. The Company's stores are located at Florida, Texas, North Carolina, Georgia, South Carolina, Tennessee, Virginia, Louisiana, Alabama, Mississippi, Missouri, Arizona, Connecticut, Kansas, Oklahoma, Iowa, Nebraska, Nevada, Pennsylvania, South Dakota, Colorado, New Hampshire, New Mexico and Vermont.
2665 S Bayshore Dr Ste 901
COCONUT GROVE FL 33133-5462
Company Web Links
- BRIEF-Watsco increases FY dividend by 19 pct to $5.00 per share
- BRIEF-Watsco Q1 earnings per share $0.71
- BRIEF-Watsco prices secondary offering of 4.2 mln shares at $144/shr
- BRIEF-United Technologies announces secondary offering of its position in Watsco common stock
- BRIEF-Watsco reports Q4 earnings per share $0.81