Free · no account · quoted from the filing

What changed in FERG's 10-Q

Source: 10-Q filed 2026-05-05 · compared against 10-Q 2025-12-09. Every passage below is quoted verbatim from the filing itself.

Fiscal Period Change

This filing
Except as otherwise specified... references to years indicate the calendar year ended December 31st of the respective year.

Sales Growth

This filing
net sales increased by 3.6% compared with the first quarter of 2025, primarily due to price inflation and incremental sales from acquisitions, partially offset by lower volume.

Margins

This filing
Gross profit as a percentage of sales was 31.0% ... increase of 0.3%

Restructuring Expenses

This filing
Restructuring expenses (2) (51)

Liquidity

This filing
Net cash provided by operating activities decreased to $772 million ... compared with $874 million

Risk Factors

This filing
including the failure to quickly adapt our strategy to emerging technologies

Share Repurchases and Dividends

This filing
Cash dividends declared of $0.89 and $0.83, respectively
What it means — the analyst reading

The passages above are the company's own words. The plain-English reading of them — what changed, why it matters, and the direction of travel — is part of the Filing Change Monitor.

See the Filing Change Monitor →

Compared from narrative excerpts (outlook, risks, MD&A) of both filings — quotes are verbatim from the new filing. Not advice. Source: company SEC filings via stockportfolio.pro. Educational, not investment advice.