secwatch.observer — SEC 8-K summary
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Issuer:     WATSCO INC (WSO)
CIK:        0000105016
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0001193125-26-183549
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Watsco Q1 revenue flat at $1.53B, EPS down 3% to $1.87; acquires Jackson Supply ($230M sales)
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- Revenue flat at $1.53B; EPS down 3% to $1.87; operating income down 2% to $110M.
- Acquires Jackson Supply Company, Sunbelt HVAC distributor with $230M annual sales; expected close Q2 2026.
- Annual cash dividend increased 10% to $13.20 per share; 52 consecutive years of dividends.
- Cash used in operations improved to $19M from $178M YoY, a $159M improvement.
- E-commerce sales grew 16% to $2.6B annualized; OnCallAir GMV up 20% to $394M in Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/105016/000119312526183549/0001193125-26-183549-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/105016/000119312526183549/wso-20260428.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-183549

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