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

1. Pomerantz LLP investigates Watsco for potential securities fraud. 2. Watsco reported Q1 2025 revenue of $1.53 billion, missing estimates. 3. Company faces a product transition impacting 55% of sales. 4. Stock price fell 11.28% following disappointing Q1 results.

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FAQ

Why Bearish?

Watsco's stock suffered a significant drop, indicating investor concerns over performance and potential legal issues.

How important is it?

The investigation represents a serious risk to Watsco's reputation and stock price, likely affecting investor confidence significantly.

Why Short Term?

Weak earnings and investigations can lead to immediate stock volatility, affecting investor sentiment in the near term.

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WSO
NEW YORK, May 05, 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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