Core & Main/$CNM

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About Core & Main

Core & Main is a leading specialty distributor with a focus on water, wastewater, storm drainage, and fire protection products. The company provides solutions to municipalities, private water companies, and professional contractors across municipal, nonresidential, and residential end markets. The company's specialty products and services are used in the maintenance, repair, replacement, and construction of water and fire protection infrastructure.

Ticker

$CNM

Primary listing

NYSE

Employees

5,700

Core & Main Metrics

BasicAdvanced
$9.4B
21.92
$2.25
0.99
-

What the Analysts think about Core & Main

Analyst ratings (Buy, Hold, Sell) for Core & Main stock.

Bulls say / Bears say

Core & Main posted record Q1 net sales of $1.911 billion, a 9.8% increase year-over-year, fueled by higher volumes and acquisitions.
In Q2, the company grew its footprint by opening new branches in Kansas City and Columbus, Wisconsin, and by acquiring Canada Waterworks, strengthening its geographic reach and supporting long-term growth.
Core & Main repurchased $39 million of shares in Q1 at an average price of $46.64, signaling board confidence and supporting shareholder value.
Core & Main’s Q1 EPS came in at $0.52, missing the analyst consensus of $0.54, causing shares to drop 2.3% and exposing the company’s sensitivity to profit swings.
Following Q2, management revised full-year net sales guidance lower, to $7.6–$7.7 billion, and reduced adjusted EBITDA guidance to $920–$940 million, reflecting softer demand and elevated costs.
The CFO cautioned about a weaker second half, pointing to tariffs, rising interest rates, and signs of housing market cooling—all macro headwinds that could pressure future results.
Data summarised monthly by Lightyear AI. Last updated on 8 Oct 2025.

Core & Main Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Core & Main Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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