Editor’s Note: This article has been updated to reflect that Ferguson’s adjusted EPS beat the consensus estimate.
Ferguson Enterprises Inc. (NYSE:FERG) on Tuesday reported fourth-quarter FY25 results.
Earnings Snapshot
- Sales rose 3.6% year over year (Y/Y) to $7.50 billion, missing the $7.57 billion estimate.
- The company stated that the increase reflected 3.0% organic growth and 0.9% acquisition growth, partially offset by 0.3% due to foreign exchange and a divestment in Canada.
- Gross margin expanded 90 basis points to 30.6% in the quarter.
- Adjusted operating profit increased 13.8% Y/Y to $625 million, with the margin expanded 70 bps Y/Y to 8.3% in the quarter.
- Adjusted EPS rose 11.7% Y/Y to $2.10, which …