secwatch.observer — SEC 8-K summary
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Issuer:     WATSCO INC (WSO)
CIK:        0000105016
Form:       8-K
Filed at:   2026-07-29T11:30:16+00:00
Accession:  0001193125-26-322168
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Watsco Q2 EPS down 12% to $4.00; revenue up 2% to $2.1B; acquires Jackson Supply
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- Q2 revenue $2.1B (+2% YoY); EPS $4.00 (-12%); operating income $238M (-12%); gross margin 27.5% vs 29.3%.
- Acquired Jackson Supply (June 2026), ~$230M annual sales, 25 Sunbelt locations; adds density to key markets.
- Annual dividend raised 10% to $13.20/share; 52 consecutive years of dividends; no debt, $464M cash.
- E-commerce sales grew 13% in H1 2026 to $2.7B annualized (37% of sales); OnCallAir GMV $1.9B (+15%).
- Operating cash flow improved to -$21M from -$185M in prior year H1; expects more conventional supply-chain trends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/105016/000119312526322168/0001193125-26-322168-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/105016/000119312526322168/wso-20260729.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-322168

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