Ferguson Enterprises reported its fourth quarter and year-end results, issuing guidance for FY2025. The company posted sales of $7.9 billion, marking a 1.4% increase despite a 2% deflation. The operating margin improved to 10.2%, up 20 basis points from the previous year, and adjusted operating margin was 10.8%, up 40 basis points. Diluted earnings per share were $2.23, with adjusted EPS at $2.98. However, revenue missed expectations by $54 million, attributed to a weakened residential housing market. Ferguson's stock fell 1.3% pre-market following the earnings report. Kevin Murphy, CEO of Ferguson, praised the company's associates for their performance.