Airgas Earnings May Miss Guidance as Sales Unchanged

(Corrects description of period in first paragraph.)

Airgas Inc. (ARG), the largest U.S. distributor of packaged gases, said it may miss earnings guidance for its fiscal fourth-quarter ending March 31 after “organic” sales growth was flat through February.

Unless the Radnor, Pennsylvania-based company sees a “strong” finish to the quarter, the disappointing sales numbers suggest Airgas may miss the low end of its adjusted earnings guidance of $1.18 to $1.24 a share by about 4 percent, Executive Chairman Peter McCausland said today in a statement.

To contact the reporter on this story: Simon Casey in New York at scasey4@bloomberg.net

To contact the editor responsible for this story: Simon Casey at scasey4@bloomberg.net

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