Ferguson Enterprises Inc

Ferguson Plc engages in the supply of plumbing and heating products to professional contractors and consumers, repair, maintenance and improvement and new construction markets through its subsidiaries. The company was founded in 1887 and is headquartered in Wokingham, the United Kingdom.

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Ferguson PLC reports solid Q3 performance amidst deflation challenges

Ferguson PLC delivered a solid performance in Q3 with revenue growth, strong gross margin, and increased dividends and share repurchase.
While facing challenges from deflationary pressures and cost management, the company remains focused on growth opportunities through volume improvement and acquisitions.
The company's strategic capital allocation priorities and updated fiscal guidance reflect a balanced approach to navigating market challenges and seizing growth prospects.
Overall, Ferguson PLC's performance, strengths, and opportunities position it well for future growth and profitability amidst industry challenges.

FERG reports solid Q4 results, eyes growth through acquisitions

FERG's Q4 performance reflects resilience with sales growth and improved operating profit despite deflationary pressures.
The company's strategic focus on growth, acquisitions, and shareholder returns positions it for sustained success.
Challenges in managing margins and market dynamics underscore the need for agility and strategic decision-making.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Ferguson Enterprises, Inc. engages in the supply of plumbing and heating products to professional contractors and consumers, repair, maintenance and improvement, and new construction markets through its subsidiaries. It operates through the United States and Canada geographical segments. The company was founded in 1953 and is headquartered in Newport News, VA.

Ferguson plc (NYSE:FERG ) Q3 2024 Earnings Conference Call June 4, 2024 8:30 AM ET Company Participants Brian Lantz - Vice President, Investor Relations and Communications Kevin Murphy - Chief Executive Officer Bill Brundage - Chief Financial Officer Conference Call Participants Philip Ng - Jefferies John Lovallo - UBS Sam Reid - Wells Fargo Quinn Fredrickson - Baird Keith Hughes - Truist Christopher Kalata - RBC Capital Markets Will Jones - Redburn Atlantic Operator Good morning, ladies and gentlemen. My name is Harry and I will be your conference operator today.

Ferguson plc (FERG) Q3 2024 Earnings Call Transcript

WOKINGHAM, England--(BUSINESS WIRE)--Ferguson plc (NYSE:FERG) (LSE:FERG): FY2024 Guidance   Prior 2024 Guidance Updated 2024 Guidance Net sales* Broadly flat Broadly flat Adjusted operating margin** 9.2% - 9.8% 9.2% - 9.6% Interest expense $190 - $210 million $175 - $185 million Adjusted effective tax rate** Approximately 25% Approximately 25% Capital expenditures $400 - $450 million $350 - $400 million * Net sales guidance assumes mid-single digit market decline with continued Company market o.

Ferguson Reports Third Quarter Results

NEWPORT NEWS, Va.--(BUSINESS WIRE)--Ferguson Enterprises Inc. (the “Company”) today announces that it will hold its first annual meeting of stockholders (the “Annual Meeting”) on December 5, 2024 as the successor registrant of Ferguson plc, subject to the consummation of the Merger (as defined below), and announces the appointment of Rekha Agrawal and Richard (“Rick”) Beckwitt to the Company's board as non-employee directors (“NEDs”). “We are delighted to welcome Rekha and Rick to the Board,” s.

Ferguson Enterprises Inc. Appoints Two New Directors and Announces Annual Meeting Date and Shareholder Proposal Deadlines

WOKINGHAM, England--(BUSINESS WIRE)--Ferguson plc (NYSE: FERG; LSE: FERG) announces the closing of four acquisitions: Southwest Geo-Solutions, Inc., AVCO Supply, Inc., GAR Engineering and Safe Step Tubs of Minnesota, Inc. In total, the company has closed on eight acquisitions this fiscal year, ending July 31, 2024. Aggregate annualized revenues for all acquisitions this fiscal year is approximately $350 million. Southwest Geo-Solutions, Inc. Southwest Geo-Solutions is a full-service distributor.

Ferguson Continues Strategic Growth With Four New Acquisitions

WOKINGHAM, England--(BUSINESS WIRE)--Ferguson plc (NYSE: FERG; LSE: FERG) announces today that it will issue its third quarter results on Tuesday, June 4, 2024. The results will be available on Ferguson's website at corporate.ferguson.com at 6:45 a.m. ET/11:45 a.m. BST. A conference call and webcast of the analyst and investor presentation will be broadcast at 8:30 a.m. ET/1:30 p.m. BST on the same day. Participants can register for the webcast at corporate.ferguson.com. A slide presentation th.

Ferguson to Issue Third Quarter Results And Host Conference Call on June 4, 2024

WOKINGHAM, England--(BUSINESS WIRE)--On May 15, 2024, Ferguson plc (the "Company") filed a Form SD with the U.S. Securities and Exchange Commission ("SEC"). It is available on the SEC's website at sec.gov and on the SEC Filings page of the Company's website corporate.ferguson.com/investor/financial-information/sec-filings. May 15, 2024 – Form SD Specialized Disclosure Report PDF About Ferguson Ferguson plc (NYSE: FERG; LSE: FERG) is a leading value-added distributor in North America providing e.

Ferguson Files Form SD

WOKINGHAM, England--(BUSINESS WIRE)--  Name of applicant: Ferguson plc Name of scheme: Ferguson Group International Sharesave Plan 2011 Period of return: From: November 1, 2023 To: April 30, 2024 Balance of unallotted securities under scheme(s) from previous return: 181,430 ordinary 10p shares Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for): Nil Less: Number of securities issued/allotted under scheme(s) du.

Ferguson plc: Block Listing Six Monthly Return

WOKINGHAM, England--(BUSINESS WIRE)--As previously announced, Ferguson plc (the “Company”) entered into a merger agreement (the “Merger Agreement”), dated as of February 29, 2024, by and among the Company, Ferguson Enterprises Inc., a newly incorporated corporation under the laws of Delaware (“New TopCo”), and Ferguson (Jersey) 2 Limited, a newly formed Jersey incorporated private limited company and direct, wholly owned subsidiary of New TopCo (“Merger Sub”). The Merger Agreement provides for.

Ferguson plc: Publication of Registration Statement, Proxy Statement, Notice of Special Meeting and U.K. Prospectus

Ferguson is recommended as a buy due to an optimistic growth outlook in the near term and long term, supported by leading indicators and a healthy backlog of mega projects. Organic growth is expected to improve with strong bidding activity and increased demand in waterworks, while pricing trends are favorable. Continuous investments in automation and expansion of HVAC capabilities strengthen Ferguson's competitive advantage and market position.

Ferguson: Positive On Both Short- And Long-Term Growth

Announces Second Accelerating Change Together Grant Application Funding NEWPORT NEWS, Va., March 26, 2024 /PRNewswire/ -- Today, the BayPort Foundation, Ferguson, and Newport News Shipbuilding, a division of HII, have announced a community partnership to fund a three-year, $500,000 transformational grant called Accelerating Change Together (ACT).

Three Newport News Corporations Reaffirm $500,000 Commitment to Education and Workforce Development

Broadcom

CrowdStrike

Marvell Technology

Nexxen International Ltd

U.S. stocks closed lower on Friday, following the release of jobs data for the month of February. All three major indices closed the week lower, with the S&P 500 falling 0.26% and the blue-chip Dow declining 0.93%.

This Analyst With 87% Accuracy Rate Sees More Than 20% Upside In Broadcom - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts - Broadcom (NASDAQ:AVGO), CrowdStrike Holdings (NASDAQ:CRWD)

WOKINGHAM, England--(BUSINESS WIRE)--On March 6, 2024, Ferguson plc (the "Company") filed a Form 10-Q with the U.S. Securities and Exchange Commission ("SEC"). It is available on the SEC's website at sec.gov and on the SEC Filings page of the Company's website corporate.ferguson.com/investor/financial-information/sec-filings. March 6, 2024 – Form 10-Q About Ferguson Ferguson plc (NYSE: FERG; LSE: FERG) is a leading value-added distributor in North America providing expertise, solutions and prod.

Ferguson Files Form 10-Q

Ferguson plc (NYSE:FERG ) Q2 2024 Earnings Conference Call March 5, 2024 8:30 AM ET Company Participants Brian Lantz - Vice President, Investor Relations and Communications Kevin Murphy - Chief Executive Officer Bill Brundage - Chief Financial Officer Conference Call Participants Matthew Bouley - Barclays John Lovallo - UBS Philip Ng - Jefferies David Manthey - Baird Ryan Merkel - William Blair Mike Dahl - RBC Capital Markets Kathryn Thompson - Thompson Research Group Patrick Baumann - JPMorgan Operator Hello, and welcome to Ferguson's Second Quarter Results Conference Call. My name is Adam, and I'll be coordinating your call today.

Ferguson plc (FERG) Q2 2024 Earnings Call Transcript

WOKINGHAM, England--(BUSINESS WIRE)--Ferguson plc (NYSE:FERG) (LSE:FERG): FY2024 Guidance (unchanged) Total Company 2024 Guidance Net sales* Broadly flat Adjusted operating margin** 9.2% - 9.8% Interest expense $190 - $210 million Adjusted effective tax rate** Approximately 25% Capital expenditures $400 - $450 million * Net sales guidance assumes mid-single digit market decline with continued Company market outperformance, contribution from completed acquisitions and one additional sales day. O.

Ferguson Reports Second Quarter Results

Ferguson (FERG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Ferguson (FERG) Might Surprise This Earnings Season

WOKINGHAM, England--(BUSINESS WIRE)--Ferguson plc (NYSE: FERG; LSE: FERG) announces today that it will issue its second quarter results on Tuesday, March 5, 2024. The results will be available on Ferguson's website at corporate.ferguson.com at 6:45 a.m. ET/11:45 a.m. GMT. A conference call and webcast of the analyst and investor presentation will be broadcast at 8:30 a.m. ET/1:30 p.m. GMT on the same day. Participants can register for the webcast at corporate.ferguson.com. A slide presentation.

Ferguson to Issue Second Quarter Results And Host Conference Call on March 5, 2024

WOKINGHAM, England--(BUSINESS WIRE)--On December 5, 2023, Ferguson plc (the “Company”) announced that it was considering a new corporate structure to domicile the Group's ultimate parent company in the United States, which would better align the Company's headquarters and governance with its operations and leadership. Having now fully considered the merits and associated steps needed to achieve such an outcome, the Company's Board of Directors (the “Board”) has concluded that it would be in the.

Ferguson plc: New Corporate Structure to Achieve U.S. Domicile

Ferguson plc (FERG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Ferguson plc (FERG) Upgraded to Buy: What Does It Mean for the Stock?

WOKINGHAM, England--(BUSINESS WIRE)--Ferguson plc (NYSE: FERG; LSE: FERG) has signed definitive purchase agreements to acquire Yorkwest Plumbing Supply Inc. and Grove Supply, Inc., and closed on the acquisition of Harway Appliances. These acquisitions have aggregate annualized revenues of approximately $220 million. Yorkwest Plumbing Supply Inc. Yorkwest is a leading distributor of plumbing, municipal, hydronics, institutional, HVAC and industrial products in the greater Toronto area. Each of Y.

Ferguson Announces Three Acquisitions

A. O. Smith

Invesco Water Resources ETF

Fidelity published an article on Nov. 28, 2023, wondering if it was time for investors to take the plunge and buy water stock. “It's possible that our freshwater supply may diminish, threatened by climate change, contamination, and drought.

The 3 Hottest Water Stocks to Watch in 2024

Ferguson Plc is a significant player in the supply chain for infrastructure projects in the United States. The company has achieved remarkable growth over the past three years, with sales increasing by 43% and adjusted operating profit growing by 60%. Ferguson's strategic focus on residential and non-residential sectors, along with its emphasis on repair and remodel activities, positions it well for long-term growth.

Building Success: Ferguson's Strategic Market Rise

Despite stagnant growth, FERG's share price has surged recently, indicating positive expectations for future growth. The company's Q1 FY24 results showed a decline in net sales and income, but signs of recovery in the construction market are promising. FERG's strong balance sheet, improving market conditions, and low valuation make it a favorable investment option.

Ferguson: Has The Momentum

Earning rebates no longer requires tedious processes that take up more time than the offer is worth Omaha, Nebraska--(Newsfile Corp. - December 19, 2023) - Buildertrend, the leading construction management platform for residential builders, is now eliminating the hurdles associated with earning rebates - such as lack of access, leverage or time constraints. Buildertrend Purchasing, a new exclusive rebates program, empowers builders to grow their bottom line and focus on what they do best: building and growing their businesses.

Buildertrend Unveils Groundbreaking Construction Rebates Program in Collaboration with Ferguson

The business development, training and implementation organization for the service business industry will offer its members access to the home service distributor's extensive supply chain of products and solutions  EATONTOWN, N.J.  , Dec. 18, 2023 /PRNewswire/ -- CEO Warrior, a nationally recognized business development, training and implementation organization for the service business industry, announced today that it has entered into a collaboration with Ferguson, a project success company providing expertise, solutions and products from infrastructure, plumbing and appliances to HVAC, fire, fabrication and more, to provide its members with preferred access to the home service fulfillment giant.

CEO Warrior enters into a collaboration with Ferguson

Ferguson plc (FERG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

News for Ferguson Enterprises Inc Stock (FERG)