$FERG

Ferguson reports $7.50B Q1 revenue, up 3.6% YoY, with adjusted EPS beating expectations at $2.28. Residential markets declined 1% amid weak construction and remodeling demand.

Heritage Distribution Holdings appoints Doug Reichert, former Carrier Enterprise Region President, as Chief Commercial Officer, overseeing commercial strategy across pricing, purchasing, and national accounts.

Embello launches third annual Virtual Showhouse with 11 designers and 12 brands, enabling direct product purchases in fully digital home experience.

Ferguson beat Q4 expectations with strong commercial growth offsetting residential weakness. Non-residential revenue surged 10% while residential declined 2% amid housing market challenges.