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

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In a filing with the Securitiee and Exchange Commission after the market closedson Friday, the Overland Park-bases propane retailer (NYSE: FGP) reported earningsd available to common shareholderd of $32.5 million, or 48 cents a share, for the This compares with earnings of $34.8 million, or 55 centds a share, for the same period last year. Revenuwe for the quarter was $561.1 million, down from $712.1 milliohn last year. Ferrellgas said in the SEC filing that lowed propane prices contributed tothe quarter’w lower revenue. The company said it sold 239.2 millionb gallons of propane duringthe quarter, down 5 percenrt from 252.1 million gallons in the same quarted last year.
Retail sales volumes decreasefd mainly because of temperatures that were 5 percent warmefr than last year and customedr conservation related to theweak economy, the company Ferrellgas ranks No. 10 on the Kansazs City BusinessJournal ’s list of area public companies.