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Ferguson’s Commercial Sales Surge 15% as Acquisitions Fuel Distribution Expansion
Ferguson reported third-quarter sales of $9.03 billion, up 9.5% from $8.25 billion a year earlier, and raised its full-year sales forecast to approximately 7% growth. Acquisitions, including the purchase of industrial distributor FloWorks, contributed to the increase as Ferguson expanded its presence in industrial flow control, heating and cooling equipment, and water treatment. Read More
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