Ferguson (FERG) Jumps 7.9% After Earnings Blowout, New Corporate Update

Core Insights - Ferguson Enterprises Inc. (NYSE:FERG) reported a significant increase in net income and sales for the fourth quarter and the full fiscal year, indicating strong financial performance [2][3]. Financial Performance - For the fourth quarter, Ferguson's net income rose by 55% to $700 million from $451 million year-on-year, while net sales increased by 6.9% to $8.5 billion from $7.9 billion [2]. - For the full fiscal year, the company achieved a net profit of $1.856 billion, a 6.9% increase from $1.735 billion the previous year, with net sales growing by 3.8% to $30.76 billion from $29.6 billion [3]. - Ferguson anticipates mid-single digit growth in net sales for the calendar year 2025, building on the $29.8 billion in net sales recorded in 2024 [4]. Corporate Transition - Ferguson Enterprises Inc. will transition to a calendar year reporting system starting January 1, 2026, which will align its fiscal reporting with the calendar year [3]. - The company will continue to report earnings for the period from August 1 to October 31, 2025, on December 9, 2025, before shifting to full-year earnings reports for the calendar year in late February 2026 [4].