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Ferguson plc(FERG) - 2024 Q2 - Earnings Call Transcript

Brian Lantz - Vice President, Investor Relations and Communications Operator Moving to our customer groups in the United States. Residential trade plumbing declined by 2%, an improvement from double-digit declines over the three quarters as we begin to lap easier comparables and new residential markets begin to stabilize. Any indicators such as new residential permits and starts have recently seen modest improvement, and we expect further improvement in future quarters. Interest and tax outflows were slight ...