Watsco to Host 2016 Third Quarter Earnings Conference Call October 25, 2016
October 14 2016 - 7:30AM
Business Wire
Watsco, Inc. (NYSE: WSO) announced today that it will host a
conference call to discuss its 2016 third quarter earnings results
on Tuesday, October 25, 2016 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 October 25, 2016. A replay of the conference
call will be available on our website.
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:
http://dpregister.com/10094310
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 improves indoor living and working environments with air
conditioning and heating solutions that provide comfort regardless
of the outdoor climate. There are approximately 89 million central
air conditioning and heating systems installed in the United States
that have been in service for 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
our 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. home.
Watsco’s traditional sales channel is through one of its 568
locations in the United States, Canada, Mexico and Puerto Rico, and
on an export basis to Latin America and the Caribbean. This network
has been built over the last 25 years and serves 88,000 active
customers. Watsco is developing and investing in technologies to
enable sales via e-commerce, on-line marketplaces and through the
retail sales channel. As the industry leader, we believe that
significant growth potential remains given that the marketplace for
HVAC/R products at the consumer level is estimated to be $80
billion annually. Additional information about Watsco may be found
at http://www.watsco.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20161014005044/en/
Watsco, Inc.Barry S. Logan, 305-714-4102Senior Vice
Presidente-mail: blogan@watsco.com
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