Watsco Inc (NYSE:WSO)
$ 517.47 -4.9 (-0.94%) Market Cap: 21.16 Bil Enterprise Value: 21.20 Bil PE Ratio: 40.81 PB Ratio: 7.82 GF Score: 85/100
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Watsco Inc at Oppenheimer Industrial Growth Conference Transcript

May 07, 2019 / 05:05PM GMT
Release Date Price: $157.44 (-1.87%)
Unidentified Analyst

We're very pleased to have Watsco, Inc. with us today. Speaking on behalf of the company is Barry Logan, Senior Vice President, who will do a brief presentation followed by Q&A. Thanks so much, Barry.

Barry S. Logan
Watsco, Inc. - Senior VP & Secretary

Thank you very much. Nice to be here. Natalie kind of had a post-lunch, kind of thing going on. I'll try to keep you involved and try to keep myself involved, too. So anyways, thank you for being here, appreciate it. I'm Barry Logan, I worked at Watsco for nearly 27 years, grown up with the company. I was the fourth corporate employee back when I joined. And so the good thing that I feel is that we're still very much a work in process with what we're doing and what we're building here, and still uniquely positioned as the only public company in our space in terms of pure distribution of products. It's one of the biggest consumer products people can spend money on. At the install level, it's an $80 billion industry. At the distribution level, where we rest, it's about a $35 billion industry.

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