Watsco (WSO) Misses Q2 EPS by 7c, Revenues Miss

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Go back to Watsco (WSO) Misses Q2 EPS by 7c, Revenues Miss

Watsco Sets New Records for Sales, Operating Income, Operating Margins, Net Income and EPS During Second Quarter

July 25, 2018 7:30 AM EDT

MIAMI, 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