Watsco, Inc. Reports Q1 2026 Earnings and Strategic Developments
Watsco, Inc. reported a 2% sales growth in U.S. markets for Q1 2026, driven by pricing and product mix, despite lower unit volumes. The company acquired Jackson Supply, adding $230 million in annual sales and 25 locations, and highlighted growth in e-commerce and its OnCallAir platform. The company maintains a debt-free balance sheet and expects continued improvements in inventory and gross margins.
Tickers: $WSO
Topics: acquisition earnings gross margins inventory M&A sales growth technology adoption