Wolseley Canada Distribution Centre coming to Ferguson PLC in the GTA!

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Ferguson ($NYSE:FERG) PLC is a publicly traded company on the London Stock Exchange. It is a leading provider of plumbing and heating products in the United Kingdom. The company is excited to announce that the new Wolseley Canada Distribution Centre is coming to the GTA! The distribution centre will provide employment opportunities for the local community and help Ferguson PLC expand its presence in Canada.

Price History

On Friday, FERGUSON PLC stock opened at $117.0 and closed at $116.9, up by 1.3% from last closing price of 115.4. FERGUSON PLC is one of the largest distributors of plumbing and heating products in North America.

VI Analysis

Ferguson PLC is a gorilla company with a high health score. It is strong in dividend, growth, profitability, and medium in asset. The company is capable to pay off debt and fund future operations. The company is classified as ‘gorilla’, a type of company that achieved stable and high revenue or earning growth due to its strong competitive advantage.

VI Peers

The company operates through two segments, Wholesale and Retail. The Wholesale segment involves the distribution of plumbing and heating products to professional contractors, builders, and industrial customers. The Retail segment involves the sale of plumbing and heating products to do-it-yourself consumers through company-operated stores. The company was founded in 1884 and is headquartered in London, the United Kingdom. Ferguson’s competitors include W.W. Grainger Inc, Watsco Inc, and Fastenal Co. These companies also engage in the distribution of plumbing and heating products.

– W.W. Grainger Inc ($NYSE:GWW)

W.W. Grainger is a Fortune 500 company and one of the largest suppliers of maintenance, repair, and operating products in the United States. The company has a market cap of $30.17 billion and a return on equity of 58.61%. Grainger’s products are used in a variety of industries, including manufacturing, healthcare, government, and education. The company operates through a network of over 1,700 branches and distribution centers across the United States.

– Watsco Inc ($NYSE:WSO)

Watsco is one of the world’s largest manufacturers and distributors of air conditioning, heating and refrigeration equipment. The company has a market cap of 10.72B as of 2022 and a return on equity of 27.3%. Watsco products are used in residential, commercial and industrial applications. The company’s products are sold under the brands Carrier, Bryant, Payne, Honeywell and Trane.

– Fastenal Co ($NASDAQ:FAST)

The company has a market cap of 29.59B as of 2022 and a Return on Equity of 28.04%. The company is engaged in the business of manufacturing and distributing fasteners and other industrial and construction supplies. The company operates through two segments: Industrial and Construction. The Industrial segment offers fasteners, tools, and other supplies for use in manufacturing, repairs, and maintenance applications. The Construction segment provides fasteners and other supplies used by professional contractors in the construction of commercial, institutional, and industrial buildings.

Summary

If you’re looking for a stable, well-established company to invest in, Ferguson plc (LSE: FERG) is a great choice. Ferguson has a strong track record of financial performance, with consistent revenue and earnings growth. The company is well-positioned for continued growth, with a leading market share in many of its key markets.

Ferguson is also investing heavily in its digital capabilities, which will enable it to better serve its customers and drive growth in the future. If you’re looking for a reliable, long-term investment, Ferguson plc is a great option.