Ferguson reports Q3 2026 with $9.0 billion sales and full-year guidance raised
FROM THE WIRE · FINANCE.YAHOO.COM
Strong Execution Drives Continued Outperformance; Full Year Guidance Raised Third quarter highlights Sales of $9.0 billion, increased 9.5%, including 7.0% organic growth. Gross margin of 30.9%, down 40 bps from prior year. Operating profit of $885 million, up 4.9% from prior…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe raised full-year guidance is a positive signal for this mid-to-large industrial distributor.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Quarterly sales rose 9.5% to $9.0 billion.
- 02Adjusted diluted EPS rose 7.9% to $3.43.
- 03The company completed three acquisitions, including FloWorks, and declared a $0.89 dividend.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets