Watsco’s Earnings Call to Discuss First Quarter Results Scheduled on April 20, 2023
April 07 2023 - 7:30AM
Watsco, Inc. (NYSE: WSO) announced today that it will host a
conference call to discuss its 2023 first quarter financial results
on Thursday, April 20, 2023 at 10:00 a.m. (EDT). Prepared remarks
regarding the results will be followed by a question-and-answer
session with the 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 www.watsco.com. The earnings results will be released
before the market opens on April 20, 2023. 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:
https://dpregister.com/sreg/10177641/f908739024
Participants that would like to join, 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” call. Please call five to ten minutes prior to the
scheduled start time as the number of telephone connections is
limited.
Watsco is 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 350,000 contractors and technicians
visit or call one of its 675 locations each year to get
information, obtain technical support and buy products.
Watsco has the opportunity to be a
significant and important contributor toward climate change as its
business plays an important role in the drive to lower
CO2e emissions. According to the Department
of Energy, heating and air conditioning accounts for roughly
half of U.S. household energy consumption. As such,
replacing HVAC systems at higher efficiency levels is one of the
most meaningful steps homeowners can take to reduce electricity
consumption and carbon footprint over time. The
overwhelming majority of new HVAC systems sold
by Watsco replace systems that likely operate well below
current minimum efficiency standards in the U.S. As consumers
replace HVAC systems with new, higher-efficiency
systems, homeowners will consume less energy, save costs, and
reduce the carbon footprint over time.
Based on estimates validated by independent
sources, Watsco averted an estimated 15.8 million metric
tons of CO2e emissions from January 1,
2020 to December 31, 2022 through the sale of
replacement HVAC systems at higher-efficiency standards (an
equivalent of removing 3.4 million gas powered vehicles off the
road for a year). More information, including sources and
assumptions used to support the Company’s estimates, can be found
at www.watsco.com.
Barry S. LoganExecutive Vice President(305)
714-4102e-mail: blogan@watsco.com
Watsco (NYSE:WSO)
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