Watsco, Inc. (WSO) Q4 2024 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.516 Good day and welcome to the Watsco fourth quarter 2024 and year-end earnings call. 00:00:05.516 -- 00:00:08.098 All participants will be in listen-only mode. 00:00:08.098 -- 00:00:11.662 Should you need assistance, please signal a conference specialist by pressing the star 00:00:11.662 -- 00:00:16.286 key followed by zero. After today's presentation, there will be an opportunity to ask 00:00:16.286 -- 00:00:21.291 questions. To ask a question, you may press star then one on your telephone keypad. 00:00:21.291 -- 00:00:24.414 To withdraw your question, please press star then two. 00:00:24.414 -- 00:00:28.377 Please note this event is being recorded. I would now like to turn the conference over 00:00:28.377 -- 00:00:33.281 to Albert and Ahmed Chairman and CEO. Please go ahead. 00:00:33.281 -- 00:00:35.561 Good morning. 00:00:36.465 -- 00:00:41.328 This is Dr. Ernie's call. This is Dr. Ernie. 00:00:42.112 -- 00:00:47.178 He is A.J. Named, President of Roscoe, Paul Justin, Barry 00:00:47.178 -- 00:00:53.166 Logan, and Rick Gomez. Now, before we start, our cautionary statement is always, 00:00:53.166 -- 00:00:58.368 this conference call has four booking statements as defined by SEC laws and regulations. 00:00:58.368 -- 00:01:02.453 that are made pursuant to the safe harbor provisions of these various laws. 00:01:02.453 -- 00:01:05.156 Ultimate results may differ 00:01:05.156 -- 00:01:08.300 maturely from the forward-looking statement. 00:01:08.300 -- 00:01:10.783 Now, on to the call. 00:01:10.783 -- 00:01:13.426 Roscoe had a terrific, 00:01:13.426 -- 00:01:18.872 emphasis on terrific, fourth quarter to close out a strong deal. 00:01:18.872 -- 00:01:24.019 We achieved record sales, expanded margins, improved operating 00:01:24.019 -- 00:...