Watsco Plans Key Conference Call for Third Quarter Results

Watsco's Upcoming Conference Call Announcement

Watsco, Inc. (NYSE: WSO) is excited to share that it will host a conference call to delve into its third quarter financial results. This important event is set to take place on Wednesday at 10:00 a.m. (EDT). Key remarks regarding the financial outcomes will be presented, followed by a session where investors can ask questions directly to the senior management team.

Conference Call Details

The conference call will be available for live listening via a web-cast hosted by CCBN's StreetEvents. Interested parties can access this feature by visiting Watsco's official website. In addition to live commentary, the company plans to release its earnings results before the market opens on the day of the call, ensuring that investors have the latest information at hand.

Investors and analysts are strongly encouraged to pre-register for this key event. Pre-registration is convenient and can be completed up until the call begins. Participants who pre-register will receive a unique PIN that grants them rapid access to the call, streamlining their participation process.

Joining the Call

For those unable to pre-register, Watsco has made provisions for individuals to join the call by dialing specific numbers within the United States or internationally. Remember to reach out five to ten minutes before the scheduled start to ensure a spot, as capacity for the call may be limited.

Watsco's Strong Position in the HVAC Industry

Watsco operates the largest distribution network for heating, air conditioning, and refrigeration (HVAC/R) products across North America. The company's strong presence spans several countries including the United States and Mexico. Not only does Watsco cater to local markets, but it also exports goods throughout Latin America and the Caribbean.

The firm has a keen focus on the replacement market, which has become increasingly vital due to the aging of system installations and the growing demand for energy-efficient HVAC products. With roughly 102 million HVAC systems currently in operation in the U.S. – many exceeding the ten-year mark – there is a significant need to upgrade these systems to meet modern efficiency standards.

Environmental Responsibility and Impact

Watsco recognizes its important role in addressing climate change. As a leading provider of HVAC systems, the company significantly contributes to reducing CO2 emissions. With HVAC systems responsible for about half of the energy used in U.S. households, upgrading to newer, more efficient models can have a profound impact on reducing overall electricity consumption.

Since January 2020, Watsco has helped avert an impressive 21.8 million metric tons of CO2 emissions through its sales of higher-efficiency replacement HVAC systems. This achievement is equivalent to reducing the number of gas-powered vehicles on the road by 5.2 million each year, showcasing Watsco's commitment to environmental sustainability.

Information on this impact and the standards the company adheres to can be found detailed on Watsco's website, emphasizing its responsible approach to business and community engagement.

Contact Information

For additional queries or insights, individuals can reach out to Barry S. Logan, the Executive Vice President at Watsco. Barry is readily available to assist with any questions. He can be reached at (305) 714-4102, or responses can be sent via email to blogan@watsco.com.

Frequently Asked Questions

When will the conference call take place?

The conference call is scheduled for Wednesday at 10:00 a.m. (EDT).

How can I listen to the conference call?

Investors can listen to the conference call via a live web-cast on Watsco's official website.

Is it necessary to pre-register for the conference call?

Pre-registration is encouraged, but it is not mandatory to participate in the call.

What topics will be discussed during the call?

The call will cover Watsco's third quarter financial results and include a Q&A session with management.

How has Watsco contributed to environmental sustainability?

Watsco has prevented an estimated 21.8 million metric tons of CO2 emissions through the sale of high-efficiency HVAC systems since January 2020.

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