HVAC distributor Watsco Inc. (NYSE: WSO), Miami, FL, reported first-quarter sales of $927 million, a 6 percent increase compared to a year ago. The company reported $34 million in profit, a 31 percent increase.
By segment, the company reported 8 percent growth in HVAC equipment, 5 percent growth for other HVAC products, and flat sales in its commercial refrigeration products.
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