{"id":986337,"date":"2026-07-29T07:34:38","date_gmt":"2026-07-29T11:34:38","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/watsco-second-quarter-results-reflect-further-industry-stabilization-strong-e-commerce-sales-growth-and-continued-operating-efficiency\/"},"modified":"2026-07-29T07:34:38","modified_gmt":"2026-07-29T11:34:38","slug":"watsco-second-quarter-results-reflect-further-industry-stabilization-strong-e-commerce-sales-growth-and-continued-operating-efficiency","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/watsco-second-quarter-results-reflect-further-industry-stabilization-strong-e-commerce-sales-growth-and-continued-operating-efficiency\/","title":{"rendered":"Watsco Second Quarter Results Reflect Further Industry Stabilization, Strong E-Commerce Sales Growth and Continued Operating Efficiency"},"content":{"rendered":"
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\n Jackson Supply Acquisition Adds Density to Key Sunbelt Markets;
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\n Entrepreneurial Culture and<\/strong>
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\n Debt-Free Balance Sheet Positions Company<\/strong>
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\n for Growth<\/strong>\n <\/p>\n

MIAMI, July 29, 2026 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE: WSO) today announced its operating results for the quarter and six months ended June 30, 2026.<\/p>\n

Watsco is the largest distributor in the highly fragmented North American HVAC market. Since entering distribution in 1989, Watsco has achieved an 18% compounded annual total shareholder return through a combination of organic growth and the acquisition of more than 70 market-leading businesses.<\/p>\n

During the second quarter, Watsco closed on the acquisition of Jackson Supply Company, a market-leading HVAC distributor with annualized sales of\u00a0approximately $230 million across 25 Sunbelt locations. Jackson Supply offers a balanced product offering of HVAC equipment, parts and supplies. Just as importantly, Jackson Supply adds to Watsco\u2019s community of leaders.<\/p>\n

Watsco maintains a solid balance sheet with $464 million in cash and cash investments and no debt, enabling sustained investments in growth, including the Company\u2019s industry-leading technologies. Today, more than 70,000 contractors and technicians engage digitally, empowering them to adopt and integrate Watsco\u2019s tools into their daily operations. The Company is also introducing AI-driven initiatives to leverage Watsco\u2019s extensive data assets and enrich the customer experience. The Company believes its technology ecosystem represents a durable and widening competitive advantage in the highly fragmented HVAC industry.<\/p>\n

\n Second Quarter Operating Performance<\/u>\n <\/p>\n