Ferguson Enterprises jumps on quarterly results, growth outlook (FERG:NYSE)

Core Insights - Ferguson Enterprises (NYSE:FERG) shares increased by 9.1% following the release of better-than-expected fiscal fourth-quarter results [2] - The company reported quarterly sales of $8.5 billion, representing a 6.9% increase compared to the same period last year, surpassing Wall Street's consensus forecast of $8.39 billion [2]