CNM
Core & Main, Inc.54.68
-0.75-1.35%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '26
Key Stats
Market Cap
10.80BP/E (TTM)
23.98Basic EPS (TTM)
2.28Dividend Yield
0%Recent Filings
8-K
8-K
10-K
10-Q
Q3 FY2026 results
Core & Main posted Q3 FY2026 net sales of $2.1B, up 1.2% y/y, with gross profit climbing 3.3% to $561M (27.2% margin, from 26.6%) on disciplined pricing; operating income held steady at $220M despite higher SG&A, while YTD sales surged 5.6% to $6.1B and diluted EPS rose to $1.94 from $1.79 on lower share count. Acquisitions added $49M value, including Canada Waterworks in September 2025 for $31M cash plus up to $18M contingent, recognizing $20M goodwill and $12M customer relationships (10-year life). Cash hit $89M, operating cash flow $382M YTD (FCF $351M derived), with $2.2B term debt (5.99% rate) and $1.2B ABL availability; repurchased $97M shares YTD. Share repurchases accelerate.
8-K
Q3 results; repurchase hiked
Core & Main reported Q3 net sales up 1.2% to $2,062 million, gross profit rising 3.3% to $561 million at 27.2% margin, yet Adjusted EBITDA dipped 1.1% to $274 million amid higher SG&A. Board boosted share repurchase authorization by $500 million to $1 billion total, with $684 million remaining after $316 million bought. Repurchases signal confidence. Funded by cash flows.
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