HVAC distributor seeing increase in e-commerce, mobile app traffic.
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Year-to-date sales up 2 percent year-over-year.
HVAC sales up 7 percent year-over-year.
Fourth quarter sales increased 3.1 percent year-over-year.
HVAC distributor names Aaron (A.J.) Nahmad as company president.
Distributor reaping benefits of tripling IT employee count and increasing technology spend.
Profit grew 6.4 percent to $58 million during the quarter.
Year-to-date sales also up 5 percent year-over-year.
Fourth quarter sales increased 6 percent year-over-year.
Sales grew in all product segments during the quarter.
Sales grew in all product segments during the quarter.
Watsco now owns 80 percent of Carrier Enterprise LLC.
Strong HVAC sales help drive Watsco's sales for quarter, year.
The HVACR distributor did not provide details, but said product expansion and acquisitions would be part of the plan.
Sales of HVAC equipment increased 8 percent.
Profit increased 31.2 percent to $51.3 million.
Customers were more likely to repair than replace during the recession, but the pendulum is swinging the other way now.
Overall sales of $714 million were up 13 percent, thanks to Carrier joint venture.