Core & Main IncCNM
▲ PositiveCapitalrelevance
Q2 EPS beat and revenue growth, with maintained guidance and share buybacks
Impact on stocks 1
Climate Adaptation & Water
Core & Main IncCore & Main reported second-quarter adjusted earnings per share of $0.94, beating the analyst consensus of $0.92, while revenue rose 2.5% year over year to $2.14 billion, matching expectations. Net income increased 6.4% to $150 million, and adjusted EBITDA grew 3% to $274 million, with a margin of 12.8%. The company repurchased 3.7 million shares for $169 million during the quarter. For fiscal 2026, Core & Main maintained its net sales guidance of $7.8 billion to $7.9 billion and adjusted EBITDA forecast of $950 million to $980 million. Shares rose 1.04% in premarket trading following the announcement.
Core & Main IncQ2 EPS beat and revenue growth, with maintained guidance and share buybacks