Ferguson plc Reports Earnings Results for the Third Quarter and Nine Months Ended April 30, 2024
June 04, 2024 at 11:45 am
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Ferguson plc reported earnings results for the third quarter and nine months ended April 30, 2024. For the third quarter, the company reported sales was USD 7,308 million compared to USD 7,140 million a year ago. Net income was USD 443 million compared to USD 336 million a year ago. Basic earnings per share from continuing operations was USD 2.19 compared to USD 1.64 a year ago. Diluted earnings per share from continuing operations was USD 2.18 compared to USD 1.63 a year ago.
For the nine months, sales was USD 21,689 million compared to USD 21,896 million a year ago. Net income was USD 1,284 million compared to USD 1,305 million a year ago. Basic earnings per share from continuing operations was USD 6.32 compared to USD 6.3 a year ago. Diluted earnings per share from continuing operations was USD 6.3 compared to USD 6.28 a year ago.
Ferguson plc is a distributor engaged in providing solutions, and products from infrastructure, plumbing and appliances to heating, ventilation and air conditioning (HVAC), fire, fabrication, and more. Its USA segment operates primarily under the Ferguson brand and provides solutions, and products, from infrastructure, plumbing and appliances to HVAC, fire, fabrication and more, to residential and non-residential contractors. Its products are delivered through a common network of distribution centers, branches and specialist sales associates, counter service, showroom consultants and e-commerce. The Canada segment operates primarily under the Wolseley brand and supplies plumbing, HVAC, and refrigeration products to residential and commercial contractors. The Canada segment also supplies specialist water and wastewater treatment products to residential, commercial and infrastructure contractors, and supplies pipe, valves, and fittings (PVF) solutions to industrial customers.
FERGUSON PLC 
