Ferguson PLC (NYSE:FERG) reported a Q4 FY23 sales decline of 1.7% YoY to $7.8 billion, beating the consensus of $7.6 billion. Adjusted EPS was $2.77, above the consensus of $2.46. The company declared a quarterly dividend of $0.75, a 9% increase compared to a quarter of the prior year's total dividend. For FY24, Ferguson expects net sales to be broadly flat YoY and an adjusted operating margin between 9.2%-9.8%. The company's shares are trading higher by 4.29%.