The 2020 Mid-Year Economic Update_long

Watsco Sales Increase 4.9% in 2019

Fourth quarter sales increased 8.2%.

HVAC distributor Watsco Inc. (NYSE: WSO), Coconut Grove, Florida, reported sales for the fourth-quarter of $1.07  million, up 8.2% over the same period in 2018. The heating and cooling company posted profit of $44.4 billion in the period.

For the year, the company reported profit of $246 million. Revenue was reported as $4.77 billion, up 4.9% over 2018.

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