Watsco to Host 2017 Third Quarter Earnings Conference Call October 25, 2017
12 October 2017 - 12:23AM
Watsco, Inc. (NYSE:WSO) announced today that it will host a
conference call to discuss its 2017 third quarter earnings results
on Wednesday, October 25, 2017 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, 2017. 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/10113177
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 provides 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.
Watsco’s traditional sales channel is the
industry’s largest and currently serves 88,000 contractor
businesses through 562 locations in the United States, Canada,
Mexico and Puerto Rico, and on an export basis to Latin America and
the Caribbean. Watsco is a technology company, operating scalable
platforms for mobile apps, e-commerce, business intelligence and
supply chain. Strategic goals are to accelerate sales and profit
growth, increase the speed and convenience of serving customers and
to extend its reach into new geographies and sales channels. Watsco
is also developing technologies to address the evolving buying
habits of consumers in the digital economy. Over the long-term,
Watsco believes its focus, scale and innovative culture offer
significant advantages to address the consumer market, which is
estimated to be $88 billion annually. Additional information about
Watsco may be found at http://www.watsco.com.
Barry S. LoganSenior Vice President(305) 714-4102e-mail:
blogan@watsco.com
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