{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-090030","form_type":"8-K","ticker":"WSO","cik":"0000105016","company_name":"WATSCO INC","filed_at":"2025-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.315582+00:00","generated_at":"2026-05-23T07:50:58.572128+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Watsco Q1 revenue down 2% to $1.53B, EPS $1.93 vs $2.17; core U.S. replacement sales up 10%","bullets":["Gross profit flat at $430M; margin improved 60 bps to 28.1%; operating income $112M (7.3% margin).","A2L refrigerant transition affects ~55% of sales; nearly $1B inventory conversion underway in 2025.","Dividend raised 11% to $12.00 per share; 51st consecutive year; cash $432M, no debt.","Operating cash flow use of $178M reflecting A2L inventory build and vendor payment timing.","Two new acquisitions in 2025; long-term strategy targets fragmented $74B HVAC/R distribution market."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-090030","json":"https://secwatch.observer/filing/0001193125-25-090030.json","markdown":"https://secwatch.observer/filing/0001193125-25-090030.md","text":"https://secwatch.observer/filing/0001193125-25-090030.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/105016/000119312525090030/0001193125-25-090030-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/105016/000119312525090030/d66237d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T07:50:58.572128+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}