Watsco (WSO) Misses Q2 EPS by 7c, Revenues Miss
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Watsco Sets New Records for Sales, Operating Income, Operating Margins, Net Income and EPS During Second Quarter
July 25, 2018 7:30 AM EDTMIAMI, July 25, 2018 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) reported record results for the quarter ended June 30, 2018.
Watscos record results reflect continued investment in technologies designed to revolutionize Watscos customer-experience and help customers grow their businesses. Most notably, the digitization of Watscos marketplace via e-commerce and iOS/Android-enabled apps, supported by the industrys most complete database of product information, continues to see momentum. E-commerce sales run-rate is approaching 30% of revenues.
Second Quarter Results
Sales trends:
... More