Ferguson Enterprises Inc. reported its second quarter results for fiscal year 2025, revealing net sales of $6.87 billion, a 3% increase year-over-year, driven by sales volume growth of 5%. However, the company's net income declined by 11.6% to $502 million, attributed to margin pressures from commodity deflation and subdued market conditions. The diluted earnings per share were reported at $1.38, with an adjusted basis of $1.52. The earnings report has led to a pre-market decline of 7.7% in Ferguson's stock, reflecting investor concerns over the missed earnings expectations and the impact of declining margins despite sales growth.