Watsco & Baird to Co-Host Technology Summit for Institutional Investors
March 09 2018 - 8:45AM
Watsco, Inc. (NYSE:WSO) announced today it will hold a meeting for
institutional investors on Friday, May 18, 2018 in Coconut Grove,
Florida from 10:00 a.m. to 1:00 p.m. by invitation only. The
meeting will be co-hosted by Baird and is a rescheduling of the
previously announced meeting date of March 16th.
Watsco’s leadership team will provide an
overview and update for a variety of customer-obsessed technologies
that have been launched to transform how HVAC/R contractors and
technicians are served in the
marketplace. Watsco believes speed, productivity and
efficiency will be ever more critical as the digital era progresses
and is investing to ensure an unparalleled customer-experience.
Proprietary innovations launched by Watsco
include:
- Mobile apps, websites and
e-commerce platforms, incorporating the industry’s most data-rich
repository of product information.
- Order fulfillment software to
improve speed and convenience of fulfilling 7 million orders
annually.
- Business intelligence and data
analytics to enable insightful decision-making by 600+
managers.
- Predictive analytics-driven demand
planning and inventory optimization software to improve order
fill-rates, increase inventory turns, reduce real estate
requirements and improve long-term productivity.
The meeting will be webcasted on the Company’s
website www.watsco.com.
About Watsco
Watsco operates the largest distribution network
for heating, air conditioning and refrigeration (HVAC/R) products
with locations in the United States, Canada, Mexico and Puerto
Rico, and on an export basis to Latin America and the Caribbean.
Watsco estimates that over 250,000 contractors and technicians
visit or call one of its 560 locations each year to get
information, obtain technical support and buy products.
HVAC/R products provide 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. home.
Additional information about Watsco may be found
at www.watsco.com.
Barry S. Logan
|
|
Watsco,
Inc. |
Senior Vice
President |
|
2665 S.
Bayshore Drive, Suite 901 |
(305) 714-4102
|
|
Miami,
Florida 33133, USA |
e-mail:
blogan@watsco.com |
|
(305) 714-4100 |
|
|
Fax: (305) 858-4492 |
|
|
www.watsco.com |
Watsco (NYSE:WSO)
Historical Stock Chart
From Aug 2024 to Sep 2024
Watsco (NYSE:WSO)
Historical Stock Chart
From Sep 2023 to Sep 2024