Core & Main, Inc. (CNM) Form 10-Q — Jun 10, 2026
Core & Main reported Q1 FY2026 net sales of $1.91 billion, essentially flat year-over-year, as volume declines in pipes and storm drainage were offset by acquisitions and growth in fire protection and smart utility products. Operating income rose 3.5% to $177 million and net income increased 7.6% to $113 million, driven by gross margin expansion and lower interest expense. Diluted EPS came in at $0.57, up from $0.52 in the prior year. The company continued its capital return program, repurchasing $88 million of Class A common stock, leaving $581 million of the $1 billion authorization available.
Key figures
- Eps
- 0.57
- Revenue
- 1910000000
- Net Income
- 113000000
- Cash Position
- 150000000
- Adjusted Ebitda
- 226000000
- Operating Income
- 177000000
- Repurchase Value
- 88000000
- Shares Repurchased
- 1773703
- Adjusted Diluted Eps
- 0.72
- Repurchase Program Remaining
- 581000000
Price after filing
Close on the filing date to close N calendar days later (from $52.65). Historical, not a forecast.
AI analysis
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