Ferguson Expects FY25 Net Sales To Grow In Low Single Digits, Adjusted Operating Margin Of 9.0%-9.5%
Portfolio Pulse from Benzinga Newsdesk
Ferguson anticipates its fiscal year 2025 net sales to grow in the low single digits, with an adjusted operating margin between 9.0% and 9.5%.
September 17, 2024 | 10:50 am
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Ferguson projects its FY25 net sales to grow in low single digits, with an adjusted operating margin of 9.0%-9.5%. This indicates moderate growth expectations and stable profitability.
The projection of low single-digit sales growth and a stable operating margin suggests a positive outlook for Ferguson's financial performance, likely leading to a slight positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100