Ferguson Enterprises Inc. completed a public offering of $700 million aggregate principal amount of 4.800% Senior Notes due 2029 and $500 million aggregate principal amount of 5.600% Senior Notes due 2036 on August 14, 2026. The obligations are fully guaranteed by Ferguson UK Holdings Limited under a supplemental indenture dated August 14, 2026. The notes were sold pursuant to an underwriting agreement dated August 11, 2026, with J.P. Morgan Securities LLC and BofA Securities acting as representatives. This debt issuance increases the company's leverage profile and establishes new fixed-rate obligations maturing in 2029 and 2036. Ferguson Enterprises Inc. operates in the wholesale distribution industry, providing plumbing, heating, cooling, and HVAC products to professional contractors.

On August 11, 2026, Ferguson Enterprises Inc. entered into a $700 million unsecured bridge credit facility and a $900 million term loan credit agreement to fund the acquisition of FWI Holdings, Inc. (FloWorks Acquisition). The bridge facility matures 364 days after funding, while the term loan matures three years after funding. Both facilities are guaranteed by Ferguson UK Holdings Limited and bear interest at Base Rate or Term SOFR plus applicable margins ranging from 0.000% to 1.250%. Commitment fees on unused commitments range from 0.07% to 0.125%. The agreements require a maximum net leverage ratio of 3.50 to 1.00, stepping up to 4.00 to 1.00 for four fiscal quarters following material acquisitions. Ferguson Enterprises Inc. operates in the wholesale distribution industry, supplying plumbing, heating, cooling, and HVAC products.

Ferguson Enterprises Inc. reported second quarter fiscal 2026 results with net sales of $8.8 billion, a 4.6% increase year-over-year. Diluted earnings per share rose 6.9% to $3.43, while adjusted diluted EPS increased 5.3% to $3.39. The company declared a quarterly cash dividend of $0.89 per share, payable on October 7, 2026, to shareholders of record as of August 21, 2026. Ferguson also announced an upward revision to its full-year 2026 net sales guidance to mid-single digit growth and raised adjusted operating margin expectations to a range of 9.5% to 9.8%. The firm completed five acquisitions during the quarter and signed a definitive agreement to acquire FWI Holdings, Inc., while returning $202 million via share repurchases. Ferguson Enterprises Inc. is North America’s largest value-added distributor of essential water and air solutions for residential and non-residential construction markets.

Ferguson Enterprises Inc. entered into a definitive agreement on July 13, 2026, to acquire FWI Holdings, Inc. The company is a distributor of plumbing and heating products.