Stock Data
$9.41 (3.67%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
INDUSTRIALS
Industry
INDUSTRIAL DISTRIBUTION
Ferguson Plc is a leading distributor of plumbing and heating products primarily in the United States and Canada. Catering to a wide range of markets including residential, commercial, and industrial sectors, Ferguson offers a comprehensive array of products and services. These include plumbing, heating, ventilation, air conditioning, and various infrastructure supplies under the Ferguson and Wolseley brand names. Beyond product distribution, Ferguson is committed to providing exceptional after-sales support, including warranty services, project billing, and maintenance. Founded in 1953, Ferguson has established itself as a key player in its industry, with a strong focus on customer satisfaction and a broad distribution network that includes wholesale, retail, and online channels.
Ferguson lifted full-year sales growth guidance to mid-single digit as non-residential revenue grew 8% on large capital projects. Five acquisitions closed in the quarter and the pending FloWorks deal push year-to-date acquired revenue to roughly $1.4 billion, none of it in the new guidance yet.
Berkshire Hathaway reports before the open Monday, opening a week of 608 companies that stretches from software and gold mining to bitcoin miners and aerospace. Positioning after Friday's close means reacting to the busiest stretch of the season instead of anticipating it.
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