Watsco, Inc. Class Action Lawsuit - WSO

The filed complaint alleges that Watsco, Inc. made materially false and/or misleading statements and/or failed to disclose that: Watsco issued a press release on April 23, 2025, 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.” Following this news, Watsco’s stock price fell over 11% on the same day.

In order to be eligible to join the WSO class action lawsuit, you must have incurred a loss on shares of Watsco, Inc. purchased during the class period listed above.