---
schema_version: "secwatch.filing_event.v1"
accession: "0002011641-24-000009"
form_type: "8-K"
ticker: "FERG"
cik: "0002011641"
company_name: "Ferguson Enterprises Inc. /DE/"
filed_at: "2024-12-10T23:59:59+00:00"
generated_at: "2026-05-29T05:19:37.453589+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ferguson Q1 revenue up 0.8%, EPS down 7.9%; FY guidance unchanged

## Summary
- Net sales $7.8B (+0.8% YoY); volume grew 3% offset by ~2% deflation.
- Adjusted diluted EPS $2.45, down 7.5% YoY; reported EPS $2.34, down 7.9%.
- US residential revenue flat; non-residential grew ~1%; Canada sales +6.3%.
- Declared $0.83 quarterly dividend (+5%); completed $256M share repurchases.
- FY2025 guidance maintained: low single-digit sales growth, adj op margin 9.0-9.5%.

## SEC filing metadata
- accession: 0002011641-24-000009
- form_type: 8-K
- ticker: FERG
- cik: 0002011641
- company_name: Ferguson Enterprises Inc. /DE/
- filed_at: 2024-12-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2011641/000201164124000009/0002011641-24-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2011641/000201164124000009/ferg-20241210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002011641-24-000009
- JSON: https://secwatch.observer/filing/0002011641-24-000009.json
- Plain text: https://secwatch.observer/filing/0002011641-24-000009.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.