About Core & Main, Inc. Class A Common Stock (CNM)
Core & Main Inc is a leading distributor of water, wastewater, storm drainage, and plumbing products. The company serves a diverse customer base, including municipalities, contractors, and industrial clients, providing them with essential infrastructure solutions for managing water resources and ensuring efficient delivery and drainage systems. Core & Main focuses on enhancing its service offerings through a combination of product expertise and a broad inventory, positioning itself as a reliable partner in the construction and maintenance of critical water infrastructure projects across the United States. Read More
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Core & Main (NYSE:CNM) and the best and worst performers in the infrastructure distributors industry.
Water and fire protection solutions company Core & Main (NYSE:CNM) fell short of the market’s revenue expectations in Q2 CY2025, but sales rose 6.6% year on year to $2.09 billion. The company’s full-year revenue guidance of $7.65 billion at the midpoint came in 1.7% below analysts’ estimates. Its non-GAAP profit of $0.87 per share was 10.2% above analysts’ consensus estimates.
Shares of water and fire protection solutions company Core & Main (NYSE:CNM)
fell 22.9% in the morning session after the company reported second-quarter earnings that beat profit estimates but lowered its full-year financial outlook.
Water and fire protection solutions company Core & Main (NYSE:CNM) missed Wall Street’s revenue expectations in Q2 CY2025, but sales rose 6.6% year on year to $2.09 billion. The company’s full-year revenue guidance of $7.65 billion at the midpoint came in 1.7% below analysts’ estimates. Its non-GAAP profit of $0.87 per share was 10.2% above analysts’ consensus estimates.
Core & Main, Inc. (NYSE: CNM) ("Core & Main"), a leading specialty distributor dedicated to advancing reliable infrastructure with local service, nationwide, today announced financial results for the second quarter ended August 3, 2025.
Water and fire protection solutions company Core & Main (NYSE:CNM)
will be reporting earnings this Tuesday before market hours. Here’s what investors should know.
Core & Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, has entered into a definitive agreement to acquire substantially all the assets of Canada Waterworks Inc. and Canada Waterworks Ottawa Inc. (collectively, Canada Waterworks), a Canadian distributor of water, wastewater and storm drainage products.
Core & Main’s 31.3% return over the past six months has outpaced the S&P 500 by 20.8%, and its stock price has climbed to $64.72 per share. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
