Watsco, Inc. (WSO) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.516 Good day, and welcome to the Wattsco second quarter of 2025 earnings conference call. 00:00:05.516 -- 00:00:09.359 All participants will be in a listen-only mode for the duration of the call. 00:00:09.359 -- 00:00:13.142 And should you need any assistance today, please signal a conference specialist by pressing 00:00:13.142 -- 00:00:16.283 the star key followed by zero. 00:00:16.385 -- 00:00:20.269 After today's presentation, there will be an opportunity to ask questions. 00:00:20.269 -- 00:00:24.352 To ask a question, you may press star, then one on a touch-tone phone. 00:00:24.352 -- 00:00:27.475 And to withdraw a question, please press star, then two. 00:00:27.475 -- 00:00:30.693 Please also note that this event is being recorded today. 00:00:30.693 -- 00:00:34.479 I would now like to turn the conference over to Albert Namit, CEO and Chairman. 00:00:34.479 -- 00:00:36.859 Please go ahead. 00:00:37.043 -- 00:00:41.029 Good morning, everyone. Welcome to our second quarter earnings call. 00:00:41.029 -- 00:00:45.415 This is Al Namit, Chairman and CEO, and with me is A.J. 00:00:45.415 -- 00:00:50.463 Namit, President, Paul Johnston, Barry Logan, and Rick 00:00:50.463 -- 00:00:52.025 Gomez. 00:00:52.025 -- 00:00:57.293 Before we start our normal cautionary statement, this conference call has four looking 00:00:57.293 -- 00:01:02.341 statements as defined by SEC laws and regulations and are made pursuant to the 00:01:02.341 -- 00:01:05.906 safe harbor provisions of these various laws. 00:01:05.906 -- 00:01:11.271 Ultimate results may differ materially from the affordability statements. 00:01:13.257 -- 00:01:18.826 Wattsco delivered healthy second quarter results in a soft market conditions. 00:01:18.826 -- 00:01:22.632 I should say in...