Ferguson's fourth quarter and 2025 performance exceeded expectations

Ferguson Enterprises (FERG) reported strong fourth-quarter results with sales of $8.5 billion, up 6.9% year-on-year, surpassing expectations of $8.44 billion. Diluted EPS reached $3.55, surpassing the expected $3.01. The company's full-year net sales reached $30.8 billion, up 3.8%, and announced that it would adjust its fiscal year end date to December 31. Ferguson expects revenue to grow in medium single digits in 2025, with adjusted operating margins between 9.2% and 9.6%.