Ferguson Enterprises posts Q3 sales up 9.5% and lifts FY2026 net‑sales outlook to ~7%
Ferguson Enterprises reported third‑quarter 2026 net sales of $9.0‑$9.03 billion, a 9.5% year‑over‑year increase, and adjusted diluted EPS of $3.43, up 7.9% YoY. Operating profit rose 8.9% to $962 million and the company completed three acquisitions during the quarter. Management raised its full‑year net‑sales guidance to approximately 7% growth and the adjusted operating‑margin range to 9.6%‑9.8%, while pausing its share‑repurchase program.
Why it matters
The raised sales outlook signals higher revenue expectations for FY2026, which could support a stronger earnings outlook for investors. The pause in buybacks reflects higher leverage from recent acquisitions, affecting cash‑return timing.
Key facts
- 1Q3 2026 net sales were $9.0 billion, up 9.5% YoY. investing.com
- 2Adjusted diluted EPS was $3.43, up 7.9% from $3.18 a year earlier. tradingview.com
- 3Operating profit increased 8.9% to $962 million. investing.com
- 4Full‑year net‑sales guidance was raised to approximately 7% growth. seekingalpha.com
- 5Adjusted operating‑margin guidance was set to 9.6%‑9.8% for FY2026. seekingalpha.com
- 6The company completed three acquisitions in the quarter, deploying $2.0 billion of capital. finance.yahoo.com
Summary written by AlphAI AI Desk from 11 of 11 sources. Not investment advice. Figures are as stated by the linked sources.