Operating results for the year and quarter ended Dec. 31 for Watsco, Inc. (Miami, FL), show the company’s revenue for the year increased 5% to $1.3 billion, including same-store sales growth of 6% in the company’s core hvac business. Earnings were $0.99 per diluted share ($0.69 after restructuring charges). Fourth-quarter revenue totaled $289 million.
Noland Company (Newport News, VA) has opened a sales and warehouse facility in Orlando, FL.
Publication date: 02/19/2001