Ferrellgas profit dips, sales drop - Business Courier of Cincinnati:

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In a filing with the Securities and Exchange Commission aftert the market closed on theOverland Park-based propane retaileer (NYSE: FGP) reported earnings available to commonm shareholders of $32.5 million, or 48 cents a share, for the This compares with earnings of $34.8 million, or 55 cent a share, for the same period last year. Revenue for the quarterd was $561.1 million, down from $712.1 million last Ferrellgas said in the SEC filing that lowee propane prices contributed tothe quarter’ds lower revenue. The company said it sold 239.2 millionj gallons of propane duringthe quarter, down 5 percentt from 252.1 million gallons in the same quartetr last year.
Retail sales volumea decreased mainly because of temperatures that were 5 percenty warmer than last year and customer conservation relatefd to theweak economy, the company said. Ferrellgas rankz No. 10 on the Kansax City BusinessJournal ’s list of area public companies.