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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Watsco, Inc. - WSO

1. Pomerantz LLP is investigating Watsco for potential securities fraud. 2. Watsco's Q1 2025 revenue of $1.53 billion fell short of expectations. 3. Stock price dropped 11.28% following release of disappointing quarterly results. 4. Regulatory changes affecting 55% of sales are impacting Watsco's performance. 5. Investors are advised to join the class action against Watsco.

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FAQ

Why Bearish?

The significant drop in stock price following disappointing earnings indicates negative investor sentiment. In the past, similar earnings misses have led to prolonged stock declines.

How important is it?

The investigation and significant revenue decline directly impact WSO's market stability and investor confidence.

Why Short Term?

The investigation and current performance issues may lead to immediate volatility. However, longer-term impacts depend on resolution of regulatory challenges.

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NEW YORK, April 25, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Watsco, Inc. (“Watsco” or the “Company”) (NYSE: WSO). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Watsco and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On April 23, 2025, Watsco issued a press release announcing its operating results for the first quarter of 2025. Among other items, Watsco reported revenue of $1.53 billion, representing a 2% year-over-year decline and missing consensus estimates. Watsco said that its “results reflect the early stages of a large-scale product transition from regulatory changes that went into effect January 1, 2025, which affects approximately 55% of Watsco’s sales and will ultimately convert nearly $1 billion of inventory over the course of the year.”  On this news, Watsco’s stock price fell $56.76 per share, or 11.28%, to close at $446.40 per share on April 23, 2025. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT: Danielle PeytonPomerantz LLPdpeyton@pomlaw.com646-581-9980 ext. 7980

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