non-residential demand

1 articles
BenzingaBenzinga··Lekha Gupta

Ferguson Beats Earnings Despite Residential Slump as Housing Weakness Persists

Ferguson reports $7.50B Q1 revenue, up 3.6% YoY, with adjusted EPS beating expectations at $2.28. Residential markets declined 1% amid weak construction and remodeling demand.
FERGearningsrevenue growth