The Department of Justice has stepped on the scene following accusations of collusion in pricing for PVC products in which three distributors were named as co-conspirators.
The company also announced a new board chair, effective immediately.
The second of this three-part series examines the HVACR distributor’s decade-transformation of its digital commerce offering, which the company says is still in the early stages of organizational adoption.
Ferguson’s 4Q results show a slight sales increase and improved margins, but a full-year decline as the company expects modest 2025 growth.
The last of this three-part Premium series examines how the plumbing, HVAC and industrial distributor has leveraged Ferguson.com, Build.com and Ferguson Rewards
Acquisitions drove sales growth while lower customer activity and adverse weather hurt profitability.
The first of this three-part Premium series examines the plumbing, HVAC and industrial supplier’s scaled diversification that has put it at or near the top of many of MDM’s Top Distributors Lists.
It completes a years-long corporate transition for the distributor of plumbing, HVACR, PVF and industrial supplies.
As Ameripipe’s ninth U.S. location, the branch will provide fire protection contractors in Miami with Victualic products and fabricated pipe.
Ferguson said weakness in certain commodity categories persisted in the quarter, driving overall price deflation of about 2%.
Recent acquisitions drove most of the growth, more than doubling that of 4Q23.
The distributor’s Skypod system will consist of over 43,000 storage bins, 36 robots, three picking stations and three induction workstations.
