Earnings Call Summary | Watsco(WSO.US) Q1 2024 Earnings Conference
Earnings Call Summary | Watsco(WSO.US) Q1 2024 Earnings Conference
The following is a summary of the Watsco, Inc. (WSO) Q1 2024 Earnings Call Transcript:
以下是Watsco, Inc.（WSO）2024年第一季度财报电话会议记录摘要：
Financial Performance:
财务业绩：
Watsco reported strong results in Q1 2024, achieved through a record cash flow and an equity raise using the ATM program.
The annual dividends increased by 10% to $10.80 per share in April 2024.
Sales increased due to a richer sales mix and the addition of new locations with gross margins hitting a near-term target of 27%.
Watsco在2024年第一季度公布了强劲的业绩，这是通过创纪录的现金流和使用ATM计划进行股权筹集而实现的。
2024年4月，年度股息增长了10％，至每股10.80美元。
销售额增长归因于更丰富的销售组合以及新地点的增加，毛利率达到27％的短期目标。
Business Progress:
业务进展：
Watsco expanded into new markets through the acquisition of three businesses with an annual aggregate sales of approximately $200 million.
The company experienced a decline in residential units in line with industry trends but saw a rise of about 3% in the price and mix in the unitary product for the quarter.
Watsco completed an ATM drawdown in March that brought in a significant long-term investor and expanded its capital, highlighting the company's strong growth potential in the $64 billion North American market.
Watsco通过收购三家业务向新市场扩张，年总销售额约为2亿美元。
该公司的住宅单元有所下降，符合行业趋势，但本季度单一产品的价格和组合上涨了约3％。
Watsco在3月份完成了自动柜员机的撤资，吸引了大量的长期投资者并扩大了资本，这凸显了该公司在640亿美元的北美市场的强劲增长潜力。
More details: Watsco IR
更多详情： Watsco IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多详情，请访问投资者关系网站。本文仅供投资者参考，不构成任何投资建议。
译文内容由第三方软件翻译。