secwatch.observer — SEC 8-K summary
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Issuer:     Ferguson Enterprises Inc. /DE/ (FERG)
CIK:        0002011641
Form:       8-K
Filed at:   2024-12-10T23:59:59+00:00
Accession:  0002011641-24-000009
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2011641/000201164124000009/0002011641-24-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2011641/000201164124000009/ferg-20241210.htm
  HTML page:      https://secwatch.observer/filing/0002011641-24-000009

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