secwatch.observer — SEC 8-K summary
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Issuer:     WATSCO INC (WSO)
CIK:        0000105016
Form:       8-K
Filed at:   2024-10-23T23:59:59+00:00
Accession:  0001193125-24-241444
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Watsco posts record Q3 sales of $2.16B; EPS $4.22 flat YoY, operating cash flow up 50%
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- Q3 sales record $2.16B (+2% YoY), operating income $250M (-2%), EPS $4.22 (-3%).
- Nine-month sales $5.9B (+3%), EPS $10.92 vs $11.60, operating cash flow record $394M (+50%).
- Residential HVAC unit sales stabilized; October trends show mid-single digit sales growth.
- Annual dividend raised 10% to $10.80 per share effective April 2024.
- Regulatory shift to A2L systems expected to impact ~60% of sales in 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/105016/000119312524241444/0001193125-24-241444-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/105016/000119312524241444/d800164d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-241444

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