We recently published 10 Hot Stocks Investors Are Buying, 5 Break Fresh Records. Ferguson Enterprises Inc. (NYSE:FERG) is one of the best performers on Tuesday.
Ferguson shares bounced back by 7.93 percent on Tuesday to close at $231.54 apiece after reporting growth in earnings performance in the 2025 fiscal period.
In an updated report, Ferguson Enterprises Inc. (NYSE:FERG) grew its net income for the fourth quarter of the year by 55 percent to $700 million from $451 million in the same period last year. Net sales increased by 6.9 percent to $8.5 billion from $7.9 billion year-on-year.
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For the full fiscal period, the company recorded a net profit of $1.856 billion, or an increase of 6.9 percent from $1.735 billion year-on-year. Net sales rose by inched up by 3.8 percent to $30.76 billion from $29.6 billion.
According to Ferguson Enterprises Inc. (NYSE:FERG), it is set to transition into a calendar year beginning January 1, 2026, to cover dates from January 1 to December 31 of every year.
The company will still release earnings for the three months covering August 1 to October 31, 2025, on December 9. Thereafter, it will begin reporting the full-year earnings for the calendar year of 2025 in late February 2026.
For the full calendar year basis, Ferguson Enterprises Inc. (NYSE:FERG) said it expects to book mid-single digit growth in net sales from the $29.8 billion actual net sales in the calendar period of 2024.
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Disclosure: None. This article is originally published at Insider Monkey.