MIAMI, July 22, 2024 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE: NYSE:) introduced right this moment that it’s going to host a convention name to debate its 2024 second quarter outcomes on Tuesday, July 30, 2024 at 10:00 a.m. (EDT). Ready remarks relating to the outcomes will probably be adopted by a question-and-answer session with the senior administration group.
The convention name will probably be web-cast by CCBN’s StreetEvents and will be discovered beneath the hyperlink on our web site at www.watsco.com. The earnings outcomes will probably be launched earlier than the market opens on July 30, 2024. A replay of the convention name will probably be obtainable on our web site.
Traders and analysts are inspired to pre-register for the convention name through the use of the hyperlink under. Members who pre-register will probably be given a singular PIN to realize fast entry to the decision. Pre-registration could also be accomplished at any time as much as the decision begin time.
To pre-register, go to: https://dpregister.com/sreg/10190794/fd0b60a026
Members that want to be a part of, however haven’t pre-registered, can accomplish that by dialing (844) 883-3908 inside the USA or (412) 317-9254 internationally and asking for the Watsco name. Please name 5 to 10 minutes previous to the scheduled begin time because the variety of phone connections is restricted.
Watsco operates the biggest distribution community for heating, air-con and refrigeration (HVAC/R) merchandise with areas in the USA, Canada, Mexico, and Puerto Rico, and on an export foundation to Latin America and the Caribbean. Watsco estimates that over 375,000 owner-operators, technicians, and installers go to or name one among its 691 areas annually to get data, acquire technical help and purchase merchandise.
We give attention to the alternative market, which has elevated in dimension and significance on account of the getting older of put in techniques, the introduction of upper power environment friendly fashions and the need of HVAC merchandise in properties and companies. In keeping with information printed in March 2023 by the Vitality Data Administration, there are roughly 102 million HVAC techniques put in in the USA which have been in service for greater than 10 years, most of which function properly under present minimal effectivity requirements.
Accordingly, Watsco has the chance to be a major and essential contributor towards local weather change because it performs an essential position to decrease CO2e emissions. In keeping with the Division of Vitality, HVAC techniques account for roughly half of U.S. family power consumption. As such, changing older techniques at larger effectivity ranges is a essential means for owners to cut back electrical energy consumption and their carbon footprint.
Based mostly on estimates validated by impartial sources, Watsco averted an estimated 20.9 million metric tons of CO2e emissions from January 1, 2020 to June 30, 2024 by means of the sale of alternative HVAC techniques at higher-efficiency requirements, an equal of eradicating 5.0 million fuel powered automobiles yearly off the street. Extra data, together with sources and assumptions used to help the Firm’s estimates, will be discovered at www.watsco.com.
Barry S. LoganExecutive Vice President(305) 714-4102e-mail: [email protected]
Supply: Watsco, Inc.
