We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.

logo
  • Engineers & Specifiers
  • Contractors & Installers
  • Wholesalers & Distributors
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Free Subscription
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • PRODUCTS
    • Bath & Kitchen
    • Fire Protection
    • HVAC
    • Hydronics/Radiant
    • Plumbing
    • PVF
    • Tools
  • PROJECTS
    • Commercial
    • Green Building
    • MRO/Retrofit
    • Remodeling
    • Residential
  • HOW TO
    • Design
    • Fire Protection
    • Legal Matters
    • Management
  • BUSINESS
    • Buying Groups
    • Technology
    • Associations
  • CODES & STANDARDS
    • ANSI
    • ASHRAE
    • ASSE
    • Regulations
    • Green Building
    • IAPMO
    • ICC
    • NFPA
  • RESOURCES
    • PROS REPS
    • Media Kit
    • Advertise
    • Contact Us
    • Classifieds
    • Digital Editions
    • Behind the Wall
    • Webinars
    • AHR Live 2023
  • PODCASTS
  • DIGITAL EDITIONS
Home » Wolseley Reports Strong U.S. Sales in Q3​

Wolseley Reports Strong U.S. Sales in Q3​

June 21, 2017

U.K.-based Wolseley, which will soon rebrand itself as Ferguson, reported 2017 third quarter fiscal sales of $5.39 billion, up 17 percent year-over-year for a total profit of $320.5 million, an increase of 9.5 percent.

The corporate parent of Ferguson Enterprises reported Q3 U.S. sales of $3.79 billion, up 24 percent year-over-year overall. Profit of $286.4 million increased 11 percent.

“The growth in the U.S. is very broadly based,” said chief executive John Martin in a press release. “Residential is our biggest market, then commercial, then industrial. “There are no real areas of the weakness across the U.S. The economy is in decent shape and you can see that from the unemployment figures being at pretty low levels. It would be great if we could see these economic conditions continuing.”

In other news, Wolseley's Q3 U.K. sales of $648.4 million decreased 4 percent overall; Nordic sales of $610.7 million increased 6 percent; Canada and Central Europe sales of $349.5 million increased 7 percent.

Wolseley announced its rebranding plans last March. On July 31, the company will officially change its name to Ferguson.

 

Industry Community News Wholesalers & Distributors
  • Related Articles

    ASA Member Sales Up 6.4 Percent Year-Over-Year in Q3

    Affiliated Distributors member sales up 3 percent in Q3 YTD​

    AD Reports Record-Breaking Member Sales of $10.2 Billion in Third Quarter

Most Popular

  • Uponor Celebrates Grand Opening of New Experience Center

  • Carrier Launches New Indianapolis Technical Training Center to Address HVAC Technician Shortage

  • Carrier Develops Next Generation of Innovators Through Sponsorship of FIRST Global Youth Robotics Organization

  • Building a Company Through Teamwork and the Next Generation

Featured Video

Mrpex video 4

Foley Mechanical radiant job with MrPEX PEX-a Tubing

Industry Events

  • 28Sep

    2023 ASPE Tech Symposium

    Bellevue, WA
  • 05Oct

    PVF Roundtable TroutBlast Fishing Tournament

  • 08Oct

    2023 SFPE Annual Conference & Expo

    North Bethesda, MD
More Events

Subscribe to our newsletters & stay updated

Subscribe & Learn More

  • Tw09 2023
    Learn More
  • Pe09 2023 cover
    Learn More
  • Phc09 2023 cover
    Learn More
  • Es 2022
    Learn More
Subscribe

More from PHCP Pros

  • Editorial Team
  • Home
  • Contact Us
  • About
  • Advertise

Follow Us

© 2023 All Rights Reserved

Design, CMS, Hosting & Web Development | ePublishing