Ferguson Fiscal 2Q Sales Up 31.8%
The company reported $6.5 billion in sales for the quarter ending Jan. 31, as core strengths drove market share gains in supportive end markets.
Ferguson Fiscal 2Q Sales Up 31.8% Read More »
Ferguson
Earnings Confirm Hopes as Industrial Distributors Ride Momentum in ’22
Year-end reports of publicly traded distributors support Q4 Baird-MDM Quarterly Industrial Distribution Survey results. Public company commentary remains optimistic for strong year.
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Earnings Confirm Hopes as Industrial Distributors Ride Momentum in ’22 Read More »
Need Good Help! Talent Stress Emerges as Top 2022 Challenge for Distributors
Distributors are scrambling to reinforce bench strength as market conditions look good. Here’s what Fastenal, Ferguson, Avnet and others are sharing with MDM on how they’re adapting.
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Need Good Help! Talent Stress Emerges as Top 2022 Challenge for Distributors Read More »
COVID Fueled Tech Upgrades; Momentum Defines 2022 Expectations
The ups and downs of COVID-19 made distributors re-think how they use technology to connect with customers; that’s likely to accelerate in 2022.
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COVID Fueled Tech Upgrades; Momentum Defines 2022 Expectations Read More »
Bluon Adds Financing for HVAC-R Tech
The new capital will be used to develop its e-commerce platform and software development for sales teams and technician staff.
Bluon Adds Financing for HVAC-R Tech Read More »
Ferguson CEO: Supply Chain Worries, Labor Issues Still Loom Over Industry in 2022
While supply issues have eased in some areas, a shortage of incoming talent in the U.S. and fears of COVID variants are forcing distributors to keep adapting.
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Ferguson CEO: Supply Chain Worries, Labor Issues Still Loom Over Industry in 2022 Read More »
Ferguson Fiscal 1Q Sales Up 26.6%
The company reported 2022 fiscal first-quarter net sales of more than $6.8 billion, a 26.6% increase over the company’s fiscal 1Q in 2021
Ferguson Fiscal 1Q Sales Up 26.6% Read More »
Ferguson Up 14.3% in Fiscal 2021
Ferguson’s underlying trading profit for the year that ended July 31 was $2.1 billion, which marked a 32%% increase from a year ago.
Ferguson Up 14.3% in Fiscal 2021 Read More »
Ferguson’s Revenue Climbs 24.5% in 3Q
Ferguson posts $5.9 billion in revenue in the third quarter as the U.S. economy heats up.
Ferguson’s Revenue Climbs 24.5% in 3Q Read More »
Ferguson Sales Up 4.2% in First Half
Ferguson invested $224 million in acquisitions during the first half of fiscal 2021.
Ferguson Sales Up 4.2% in First Half Read More »
Ferguson to Be Listed on NYSE
Shares of the global plumbing giant will be listed in the U.S. and traded under the ticker symbol “FERG.”
Ferguson to Be Listed on NYSE Read More »
Ferguson Completes Disposal of Wolseley UK
The company announced in January it was selling the division to the private equity firm Clayton, Dubilier and Rice for £308 million (US$417.5 million).
Ferguson Completes Disposal of Wolseley UK Read More »
CD&R Acquires Wolseley UK from Ferguson
Private equity firm strikes again with the $420 million purchase of Ferguson’s UK-based heating and plumbing distribution business.
CD&R Acquires Wolseley UK from Ferguson Read More »
Ferguson’s 2021 Forecast Bolstered by M&A, Residential Strength
After low-single-digit growth in 1Q, plumbing and HVAC distributor Ferguson PLC projects for the coming year accelerating M&A activity plus upbeat residential construction and renovation to offset softness in the commercial market.
Ferguson’s 2021 Forecast Bolstered by M&A, Residential Strength Read More »
Ferguson Sales Up 3.1% in First Quarter
Ferguson’s U.S. region posted ongoing revenue growth of 3.2% and underlying trading profit growth of 11.3% in the first quarter of fiscal 2021.
Ferguson Sales Up 3.1% in First Quarter Read More »
From Market Leaders to Future Leaders: MDM’s Top Blogs of November
Go behind the scenes of Ferguson and Grainger, learn what’s driving building material M&A, discover the distribution leaders of tomorrow and see what Amazon does better than anyone by checking out MDM’s most-read blogs from last month.
From Market Leaders to Future Leaders: MDM’s Top Blogs of November Read More »
November M&A Roundup: Consolidation Escalates Amid COVID-19 Surge
Not only has activity rebounded despite the rise in coronavirus cases and corresponding lockdowns, but also multibillion-dollar deals are happening more frequently. Here’s our M&A recap from a very busy month.
November M&A Roundup: Consolidation Escalates Amid COVID-19 Surge Read More »
Ferguson Acquires Two Companies
Plumbing and HVAC distribution giant Ferguson adds Old Dominion Supply Inc. and Atlantic Construction Fabrics Inc. to its portfolio.
Ferguson Acquires Two Companies Read More »
Big Business Moves: MDM’s Top Blogs of October
Strategic activity from leading distributors like Ferguson, Grainger and Fastenal led to the most-read blogs of October 2020.
Big Business Moves: MDM’s Top Blogs of October Read More »
Is Ferguson Finally Back in Acquisition Mode?
After pausing M&A activity back in March due to COVID-19, Ferguson says it has some deals in the pipeline, so it’s only a matter of time before the distributor again starts growing through acquisition.
Is Ferguson Finally Back in Acquisition Mode? Read More »
