Watsco to Host 2023 Earnings Call February 13, 2024

From GlobeNewswire:

Watsco, Inc. announced that it will host a conference call to discuss its 2023 fourth quarter and annual financial results on February 13, 2024. The call will be webcast by CCBN’s Street Events and reported on the company’s website. Interested analysts and investors can pre-register for the call on their website, and a replay will be made available. Watsco operates the largest distribution network for HVAC/R products in the United States, Canada, Mexico, and Puerto Rico, with 692 locations. According to data from the Energy Information Administration, approximately 102 million HVAC systems that have been in service for more than 10 years in the United States operate well below current minimum efficiency standards. This presents an opportunity for Watsco to contribute to climate change by selling higher-efficiency HVAC systems. Independent sources validated Watsco’s estimate that they averted 19.2 million metric tons of CO2e emissions from January 1, 2020, to December 31, 2023 through the sale of replacement HVAC systems at higher-efficiency standards. This is the equivalent of removing 4.3 million gas-powered vehicles annually off the road.



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