Watsco Inc
NYSE:WSO

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Watsco Inc
NYSE:WSO
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Price: 488.77 USD -0.53% Market Closed
Market Cap: 19.3B USD
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Watsco Inc
Investor Relations

In the bustling world of HVAC distribution, Watsco Inc. stands out as a formidable force, shaping the climate control industry across North America. Founded in 1945 and with headquarters in Miami, Florida, Watsco has transformed itself from a small manufacturer of HVAC products into one of the largest distributors of air conditioning, heating, and refrigeration equipment and related parts in the domain. This metamorphosis can be attributed to its strategic vision of expansion through acquisitions and organic growth within the highly fragmented HVAC industry, allowing it to serve a wide range of commercial and residential customers through its network of thousands of locations.

Watsco’s core business model revolves around its ability to source and deliver products seamlessly from manufacturers to HVAC contractors. By maintaining an extensive inventory of equipment and parts, it ensures that contractors receive what they need promptly, enhancing their service delivery. This efficient distribution network is backed by a deep understanding of local markets, enabling Watsco to tailor its offerings to regional needs and regulations. Revenue flows in as these contractors purchase a myriad of products, ranging from air conditioners and heaters to more niche components such as thermostats and refrigerants. Through consistently innovating its supply chain and embracing digital sales channels, Watsco has managed to secure a steady stream of income, solidifying its standing in a crucial sector that's literally keeping homes and businesses comfortable throughout the year.

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Management

Mr. Albert H. Nahmad
Chairman & CEO
No Bio Available
Mr. Aaron J. Nahmad
Co-Vice Chairman & President
No Bio Available
Ms. Ana M. Menendez CPA
CFO & Treasurer
No Bio Available
Mr. Barry S. Logan CPA
Executive VP of Planning & Strategy, Secretary and Director
No Bio Available
Mr. Steven Rupp
Chief Technology Officer
No Bio Available

Contacts

Address
FLORIDA
Coconut Grove
2665 S Bayshore Dr Ste 901
Contacts
+13057144100.0
www.watsco.com