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NYSE:FERG 9 December 2025

Ferguson Enterprises (FERG) Stock Slides After Q1 2026 Earnings – What Today’s Sell-Off Means for Investors

Ferguson Enterprises (FERG) Stock Slides After Q1 2026 Earnings – What Today’s Sell-Off Means for Investors

Ferguson Enterprises reported Q1 net sales of $8.17–8.2 billion, up 5.1% year-on-year, and adjusted diluted EPS of $2.84, up 15.9%. Shares fell sharply despite raised full-year guidance, as investors weighed valuations and growth forecasts. Residential revenue slipped 1%, while non-residential revenue jumped 12% on strong commercial demand. The company now targets 5% net sales growth for 2025.

Stock Market Today

  • Canada and India Gain Access to Affordable Wegovy Generics While U.S. Waits
    May 21, 2026, 12:32 PM EDT. Canada and India are set to offer generic versions of Wegovy and Ozempic, diabetes and obesity drugs, priced as low as $15 a month. These generics will cover countries with 40% of the global population. Despite the growing demand, the U.S. does not yet have access to these lower-cost versions due to patent protections and regulatory hurdles, keeping prices high domestically. The availability of generics abroad highlights the differing healthcare and pharmaceutical policies influencing drug costs globally.

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AvalonBay, Equity Residential announce $69 billion merger

AvalonBay, Equity Residential announce $69 billion merger

21 May 2026
AvalonBay Communities and Equity Residential agreed to merge in an all-stock deal, creating a U.S. rental-housing company valued at about $69 billion with over 180,000 apartments. AvalonBay shareholders will own 51.2% of the combined firm, which will be led by AvalonBay CEO Benjamin Schall. The companies expect $125 million in net synergies and plan to close the deal in the second half of 2026.
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Wall Street Slips as Oil Spurts, Nvidia Stalls, Walmart Dips

21 May 2026
U.S. stocks fell Thursday as rising oil prices and Treasury yields pressured markets. The S&P 500 dropped 0.42%, the Nasdaq lost 0.57%, and the Dow slipped 0.26%. Nvidia shares declined despite record revenue, while Walmart tumbled 7.8% after issuing a cautious outlook. Brent crude rose 2.57% to $107.72 a barrel.
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