(Reuters) - Heating and refrigeration products distributor Watsco Inc reported a lower-than-expected rise in quarterly profit as it sold more low-margin products, and cut its full-year forecast on...
again held our sector weight steady. We continue to pursue less commodity-exposed businesses such as Fastenal, Airgas and Watsco , which all outperformed. These businesses are impacted by the economy, but are not tied to the price level of a particular
We are no longer providing equity research on Watsco WSO. We provide broad coverage of more than 1,700 companies across more than 140 industries, and adjust our coverage as necessary based on client demand and investor interest.
making internal growth difficult for Watsco . Unemployment further impairs growth opportunities. Watsco competes in a competitive industry and ..... capitalized firm may be able to replicate Watsco 's consolidation strategy. Watsco has
improvement in customer spending helped boost Watsco 's WSO profits to record highs in the ..... commercial construction remains weak. Watsco has done an admirable job managing costs ..... five years margin can approach 9.5%. Watsco 's strong quarter underscores our thesis
Watsco WSO produced second-quarter results in ..... a 170-basis-point improvement. Watsco 's annualized return on invested capital ..... has to maintain as growth returns. While Watsco currently has a narrow economic moat, sustaining
are expected until late 2009 at the earliest. Watsco competes in a competitive industry and may face ..... well-capitalized firm may be able to replicate Watsco 's consolidation strategy. Watsco has a proven record of acquiring, integrating
Watsco WSO produced fourth-quarter results that outpaced ..... and thesis remain intact. While we expected that Watsco 's joint venture with Carrier's UTX distribution arm would benefit Watsco , we underestimated how quickly and effectively
Watsco WSO reported third-quarter results that ..... network and streamline companywide programs. Watsco 's balance sheet looks healthy, with the ..... inclined to sell their businesses, giving Watsco an opportunity to pick up more dealers to
more conservative consumers, hampered Watsco 's WSO earnings during the second quarter ..... consumable parts in Carrier locations gives Watsco an opportunity to create a stickier customer ..... there will be ample opportunities for Watsco to increase its store density within existing