Watsco Inc Ordinary Shares
WSO: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| GP< | LOCK|#&bX | LOCK|YX#C#!f |
Watsco Earnings: Admirable Performance Amid Weak End Market
Watsco sales declined 5% to $7.2 billion and gross margin hit a record of 28% on strong pricing amid a dynamic environment in HVAC characterized by evolving efficiency and refrigerant requirements and a weak residential housing market.
