** Plumbing and air conditioning equipment supplier Ferguson Enterprises' shares down ~8% at $199.99 premarket
** Company posts Q1 net sales of $7.77 bln vs est $7.83 bln, adj EPS of $2.45 vs est $2.62 - LSEG
** Ferguson says continued weakness in certain commodity-related categories drove ~2% overall price deflation, while volumetric growth, cost inflation and continued investment in core capabilities hurt profits
** Company reiterates FY 2025 forecasts
** As of Monday's close, stock up 12.8% YTD
(Reporting by Neil J Kanatt in Bengaluru) ((Neil.JKanatt@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.