Ferguson Enterprises

Brown Advisory's Q1 2026 investor letter highlights Ferguson Enterprises' outperformance in a challenging macroeconomic environment, noting the company's ability to maintain pricing and deliver margin expansion. The distributor is also pursuing accretive, low-risk tuck-in acquisitions to bolster market-share growth. Ferguson closed June 2 at $227.60, with a one-month decline of 9.76% and a 52-week gain of 5.30%. » Mere på finance.yahoo.com

Ferguson reports that CFO William Brundage and strategy officer Jake Schlicher have each established Rule 10b5-1 trading plans for future sales of shares issued from equity awards. Brundage's plan covers performance and RSU awards from 2023 and runs until November 23, 2026; Schlicher's plan covers awards from 2023 to 2025 and runs until December 31, 2026. Up to 100% of net shares may be sold, with initial trades no earlier than 90 days after disclosure; transactions are intended to be executed off-exchange and the plans may be revoked or amended during open trading windows. » Mere på de.investing.com

Ferguson reported first-quarter net sales of $7.5 billion (+3.6%) and adjusted operating income of $647 million (+8.4%). Adjusted diluted earnings per share rose 9.1% to $2.28, driven by margin improvements and productivity gains, while operating cash flow and free cash flow declined. Strong growth in non-residential construction (+8%) offset declines in residential construction (−1%). Management reiterated full-year guidance and announced a new $2 billion share repurchase program, but the stock fell 3.9% after the results. » Mere på de.investing.com

Ferguson reported Q1 of fiscal 2026 earnings per share of $2.84 (forecast $2.97) and revenue of $8.2bn (expectation $8.09bn). Revenue rose 5% year-on-year, with organic growth of 4%; US net sales grew 5.3% thanks to strong non-residential construction activity. The stock fell 3.11% pre-market to $238.15 after the EPS missed expectations. For 2025 Ferguson expects about 5% revenue growth, an operating margin of 9.4–9.6%, interest expense of $190m and capital expenditures of $350m. » Mere på de.investing.com