{"schema_version":"secwatch.filing_event.v1","accession":"0002011641-25-000004","form_type":"8-K","ticker":"FERG","cik":"0002011641","company_name":"Ferguson Enterprises Inc. /DE/","filed_at":"2025-03-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.792621+00:00","generated_at":"2026-05-25T00:12:46.991020+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Ferguson Q2 sales +3% to $6.9B; adjusted op margin misses; FY guide cut to 8.3%-8.8%","bullets":["Sales $6.9B (+3%); volume up 5%, deflation ~2%; adjusted EPS $1.52 vs $1.74 last year.","Adjusted operating margin 6.5% in Q2 (down 130 bps); FY guidance reduced to 8.3%-8.8% from 9.0%-9.5%.","Dividend raised 5% to $0.83/share; $1B added to share repurchase program; $252M repurchased in Q2.","Completed Templeton/TEMSCO acquisition; signed definitive agreement to buy Independent Pipe & Supply.","US revenue +3% (non-residential +4%); Canada +3.2% (ex-FX); net debt/EBITDA 1.2x."],"urls":{"canonical":"https://secwatch.observer/filing/0002011641-25-000004","json":"https://secwatch.observer/filing/0002011641-25-000004.json","markdown":"https://secwatch.observer/filing/0002011641-25-000004.md","text":"https://secwatch.observer/filing/0002011641-25-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2011641/000201164125000004/0002011641-25-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2011641/000201164125000004/ferg-20250311.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T00:12:46.991020+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}