Ferguson (NYSE: FERG), Newport News, Va., North American plumbing and HVAC parts distributor, reported sales for its fiscal second quarter 2025 ended Jan. 31, 2025, were $6.9 billion, an increase of 3% from the prior-year period.
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Profit for the quarter was $276 million.
In the U.S., sales were up 3% to $6.5 billion in the second quarter. Residential end-markets, which comprise just over half of U.S. revenue, remained similar to the first quarter across new construction and repair, maintenance and improvement. Overall, residential revenue grew 2% in the second quarter.
Nonresidential end-markets, representing just under half of U.S. revenue, remained slightly more resilient than residential end-markets with continued activity on large capital projects. Growth was about 4%. Sales grew modestly in both commercial and industrial end-markets with strength in civil/infrastructure end-markets.
Ferguson made one acquisition during the quarter: Templeton and its affiliate TEMSCO, which serves the water and wastewater industries in the Southeast.
In Canada, sales increased by 3.2% to $319 million.
Sales for the first half of the year were $14.6 billion, up 1.8%. Profit in the first half was $746 million.
Ferguson employs 35,000 people at nearly 1,800 locations across the U.S. and Canada.
