secwatch.observer — SEC 8-K summary
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Issuer:     WATSCO INC (WSO)
CIK:        0000105016
Form:       8-K
Filed at:   2021-07-22T23:59:59+00:00
Accession:  0001193125-21-221391
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Watsco Q2 EPS jumps 64% to $3.71; record sales $1.85B, margin 11.7%
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- Record EPS of $3.71, a 64% increase YoY; record net income.
- Record sales $1.85B, +36% (29% same-store); gross margin +220 bps to 25.8%.
- Record operating income $217M, +68%; operating margin record 11.7% (+220 bps).
- Acquired TEC ($291M 2020 sales) and Acme ($60M); debt-to-capitalization 6%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/105016/000119312521221391/0001193125-21-221391-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/105016/000119312521221391/d28544d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-221391

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer