FERG Stock Recent News
FERG LATEST HEADLINES
FERG vs. ITW: Which Stock Is the Better Value Option?
WOKINGHAM, UK / ACCESSWIRE / September 30, 2021 / Further to the announcement of Ferguson's intention to buy back up to US$1,000 million of its shares over the next 12 months, the Company announces that it has instructed its broker Barclays Capital Securities Limited ("Barclays") to execute the first part of the program by way of a non-discretionary and irrevocable arrangement to buy back up to £290 million of its shares commencing from September 30, 2021 and ending no later than January 13, 2022. Under this arrangement, Barclays, an independent third party, will act as principal and will make decisions under the program independently from the Company.
WOKINGHAM, UK / ACCESSWIRE / September 29, 2021 / Ferguson plc (the "Company") filed its Annual Report on Form 20-F for the year ended July 31, 2021 with the US Securities and Exchange Commission (the "SEC") on September 28, 2021. It is available in the "Investors & Media" section of our website at www.fergusonplc.com and also on the SEC's website at www.sec.gov.
Ferguson PLC (FERG) CEO Kevin Murphy on Q2 2021 Results - Earnings Call Transcript
WOKINGHAM, UK / ACCESSWIRE / September 28, 2021 / Ferguson plc (LSE:FERG)(NYSE:FERG) Results for the year ended July 31, 2021 STRONG PROFIT GROWTH DEMONSTRATES THE AGILITY OF OUR BUSINESS MODEL US$ millions 2021 20201 Change Statutory financial results Revenue 22,792 19,940 +14.3 % Profit before tax 1,891 1,292 +46.4 % Total basic earnings per share 674.7c 427.5c +57.8 % Total ordinary dividend per share 239.4c 208.2c +15.0 % Alternative performance measures2 Gross margin 30.6% 30.0% +0.6 % Trading profit 2,176 1,660 +31.1 % Less impact of IFRS 16 (77) (68) Underlying trading profit 2,099 1,592 +31.8 % Headline earnings per share 688.1c 508.0c +35.5 % Adjusted EBITDA3 2,266 1,760 +28.8 % Net debt : adjusted EBITDA4 0.6x 0.6x ?
Ferguson is expected to post high-teens organic revenue growth for the fiscal fourth quarter, but many of its peers/comps have exceeded revenue expectations by 10% or more. U.S. residential remodeling activity remains strong, though possibly with a transition from DIY projects to contractor-led projects; aging U.S. homes and strong property values should incentivize ongoing spending.
WOKINGHAM, UK / ACCESSWIRE / September 14, 2021 / Ferguson plc will issue its full year results for the 12 months ended July 31, 2021 on Tuesday September 28, 2021. The results will be available on the Company's website, www.fergusonplc.com from 0700hrs UK time on the morning.
WOKINGHAM, UK / ACCESSWIRE / June 29, 2021 / FERGUSON PLC (LSE:FERG)(NYSE:FERG) IFRS to US GAAP Investor Session As highlighted in the half year results statement published on March 16, 2021, Ferguson plc will be moving to US GAAP reporting effective August 1, 2021 to align comparability with other US peers. Ahead of this transition, Ferguson will hold a presentation hosted by Bill Brundage, Group Chief Financial Officer to update analysts and investors on the topic of converting from IFRS to US GAAP reporting on Tuesday July 13, 2021 at 4pm BST/11am ET.
WOKINGHAM, UK / ACCESSWIRE / June 14, 2021 / Ferguson plc (LSE:FERG)(NYSE:FERG) (the 'Company') announces that, in continuation of the share repurchase program announced by the Company on March 16, 2021 (the 'Program'), it has entered into an irrevocable and non-discretionary arrangement with its broker J.P. Morgan Securities PLC ('JPMS') commencing from June 14, 2021 and ending no later than July 30, 2021.
One way to make money from the stock market is by following the experts.