Ferguson Plc (NYSE:FERG) shares are trading slightly lower in the morning session on Tuesday. The company reported third-quarter net sales of $7.308 billion, which was 2.4% higher year over year, driven by volume improvement despite continued deflation of approximately 2%. Ferguson said weakness in certain commodity-related categories persisted, driving modest overall price deflation in the quarter under review. Net sales in the U.S. business increased by 2.2%, while that in Canada grew by ...