Watsco (WSO) 2020 Sales Have Surpassed $5B
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Watsco Announces 2020 Annual Sales Have Surpassed $5 Billion
December 30, 2020 7:30 AM ESTMIAMI, Dec. 30, 2020 (GLOBE NEWSWIRE) -- Watsco, Inc. (NYSE: WSO) reported today that its 2020 annual sales have surpassed $5 billion.
In a note to Watscos family of more than 5,700 employees and 1,000 supplier partners, Albert H. Nahmad, Watscos Chairman and Chief Executive Officer, wrote:
This week Watsco hit an incredible milestone with annual sales passing the $5 billion mark. We started this journey in 1972 building on a $5 million manufacturing business in Hialeah, Florida. Then in 1989, we changed course and acquired our first HVAC distributor. We liked the... More
