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Category: Ferguson
Need Good Help! Talent Stress Emerges as Top 2022 Challenge for Distributors
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COVID Fueled Tech Upgrades; Momentum Defines 2022 Expectations
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Bluon Adds Financing for HVAC-R Tech
Irvine, California-based Bluon, Inc. — a company that offers tools, training and round-the-clock tech support to HVAC-R technicians — announced the closing of its Series B round with $27.6 million in equity financing. The financing round was led by Bluon’s existing primary capital partner, Ecosystem Integrity Fund, and included significant participation from MacKinnon, Bennett & […]
Ferguson CEO: Supply Chain Worries, Labor Issues Still Loom Over Industry in 2022
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Ferguson Fiscal 1Q Sales Up 26.6%
Ferguson PLC, (NYSE: FERG), based in Wokingham, United Kingdom 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’s operating profit was $739 million, a 64.2% increase over fiscal 1Q in 2021. Earnings per diluted share were 71.4% higher than 1Q in the […]
Ferguson Up 14.3% in Fiscal 2021
Ferguson PLC, (NYSE: FERG), based in Wokingham, United Kingdom, reported Tuesday that its fiscal year 2021 revenue climbed 14.3% from a year ago to $22.79 billion. Ferguson said the increase was mainly due to accelerated market share gains. Ferguson’s underlying trading profit for the year that ended July 31 was $2.1 billion, which marked a […]
