March 21, 2013 at 12:55 PM EDT
Airgas Deflates After 'Disappointing' Sales Warning
Airgas (ARG) lost steam on the stock market today after the specialty gas supplier warned that earnings for the three months ending March 31 would come up short. Chairman Peter McCausland said that sales growth in its distribution business in the quarter was "disappointing," with sales in February down 2%. As a result, sales growth is running 2% to 3% behind the company's earlier guidance, he said. And sales in March haven't improved much, either,
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