Core & Main

Core & Main, Inc. operates as a distributor of water, wastewater, storm drainage and fire protection products, and related services. It provides its services to municipalities, private water companies and professional contractors across municipal, non-residential, and residential end markets nationwide. The firm’s specialty products and services are used in the maintenance, repair, replacement, and construction of water, and fire protection infrastructure. Its products include pipes, valves, fittings, storm drainage products, fire protection products, meter products and other products for use in the construction, maintenance and repair of water, and waste-water systems as well as fire protection systems. The company was founded on April 9, 2021 and is headquartered in St. Louis, MO.

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CNM reports robust Q1 results, poised for above-market growth

CNM's Q1 2023 performance reflects strong sales growth and a focus on capital allocation, despite challenges in certain market segments. The company's financial strength is evident through its record operating cash flow and solid liquidity position. Looking ahead, CNM is poised for above-market growth and aims to capitalize on value creation opportunities through its growth strategy.

CNM reports solid Q2 performance, raises EBITDA guidance

CNM's Q2 performance was solid, with a focus on inventory optimization and strategic acquisitions. While facing challenges in certain sectors, the company is leveraging opportunities to improve margins and sustain pricing.

CNM reports stable Q3 performance, eyes growth and margin improvement

CNM's Q3 performance showcased stability and positive financial results, driven by strong cash generation and strategic acquisitions. While facing challenges in certain sectors, the company is focused on leveraging opportunities for growth and margin improvement in 2024.

Core & Main reports record sales in 2022, eyes growth opportunities

Core & Main's fiscal 2022 performance was strong, with a focus on organic growth and margin initiatives. Fiscal 2023 poses challenges with softer demand and gross margin normalization. However, the company's strong balance sheet, growth opportunities, and strategic investments position it well for the future.

Core & Main reports solid Q1 performance and raises FY guidance

Core & Main's Q1 performance showcased resilience with strong margins and cash flow. Despite challenges in residential volumes, the company is optimistic about long-term industry fundamentals. With a focus on growth and prudent capital allocation, Core & Main is well-positioned for future opportunities.

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Core & Main, Inc. is a specialty distributor focused on water, wastewater, storm drainage and fire protection products, and related services. The company provides infrastructure solutions to municipalities, private water companies and professional contractors across municipal, non-residential, and residential end markets, nationwide. The company was founded in 1874 and is headquartered in St. Louis, MO.

ST. LOUIS--(BUSINESS WIRE)--Core & Main, Inc.(NYSE: CNM), a leading specialized distributor of water, wastewater, storm drainage, fire protection products and related services, has elected Bhavani Amirthalingam to its board of directors. Amirthalingam serves as the senior vice president and chief digital information officer for Ameren Corporation, driving digital strategy and transformation to deliver a differentiated customer and co-worker experience, leveraging emerging technologies to en

Core & Main Elects Bhavani Amirthalingam to Board

The average of price targets set by Wall Street analysts indicates a potential upside of 28.3% in Core & Main (CNM). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Predict a 28% Upside in Core & Main (CNM): Here's What You Should Know

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With the reopening of the economy and resumption of business activities, waste generation is bound to increase. Investing in waste management stocks like CLH, CNM, SMSMY can be a prudent move.

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One must follow rating upgrades by brokers as they have a deeper understanding of the stocks. We pick Zebra Technologies (ZBRA), Centennial Resource (CDEV) and Core & Main (CNM) as these witness ratings upgrades.

Upgraded Broker Ratings Make These 3 Stocks Attractive

Core & Main announced very strong 2021 fourth-quarter and full-year results, and its valuation appears attractive.

Core & Main: Accelerating Earnings And Attractive Valuation, But Don't Get Overly Excited

ST. LOUIS--(BUSINESS WIRE)--Core & Main plans to acquire Lock City Supply and expand its presence in the Buffalo, N.Y., market.

Core & Main Signs Agreement to Acquire Lock City Supply Inc.

Core & Main Inc (NYSE: CNM) has been upgraded to Overweight from Equal Weight by Barclays analyst Matthew Bouley. The analyst also raised the price target to $34 (an upside of 42%) from $32.

Read How Analysts Reacted To Core & Main's Q4 Results

Core & Main, Inc. (CNM) CEO Steve LeClair on Q4 2021 Results - Earnings Call Transcript

ST. LOUIS--(BUSINESS WIRE)--Core & Main, Inc. (NYSE: CNM), a leading specialized distributor of water, wastewater, storm drainage and fire protection products, and related services, today announced financial results for the fourth quarter and fiscal year ended January 30, 2022. Fiscal 2021 Fourth Quarter Highlights (Compared with Fiscal 2020 Fourth Quarter) Net sales increased 50% to $1,246 million Gross profit margin increased 170 basis points to 26.2% Net income increased to $79 million f

Core & Main Announces Fiscal 2021 Fourth Quarter and Full-Year Results

ST. LOUIS--(BUSINESS WIRE)--Core & Main, Inc. (NYSE: CNM), a leading specialized distributor of water, wastewater, storm drainage and fire protection products, and related services, will issue its financial results for the fourth quarter and fiscal year ended Jan. 30, 2022 before the market opens on Wednesday, March 30, 2022. Core & Main will host a conference call and webcast at 8:30 a.m. EDT the same day to discuss the Company's financial results. The live webcast will be accessible v

Core & Main to Announce Fiscal 2021 Fourth Quarter and Full Year Results

ST. LOUIS--(BUSINESS WIRE)--Core & Main Closes Dodson Engineered Products, Inc. Acquisition

Core & Main Completes Acquisition of Dodson Engineered Products, Inc.

ST. LOUIS--(BUSINESS WIRE)--Core & Main signs agreement to expand presence in Colorado.

Core & Main Signs Agreement to Acquire Dodson Engineered Products, Inc.

Core & Main Inc (NYSE: CNM) is likely to be impacted by a minimal increase in spending in 2022 with delays in project starts, according to BofA Securities. The Core & Main Analyst: Andrew Obin downgraded the rating for Core & Main from Neutral to Underperform, while reducing the price target from $31 to $25.

BofA Downgrades Core & Main On What Near-Term Headwinds?

Core & Main (CNM) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Here's Why Core & Main (CNM) Looks Ripe for Bottom Fishing

Core & Main (CNM) is benefiting from solid demand across each of its end markets.

Here's Why You Should Consider Core & Main (CNM) Stock Now

ST. LOUIS--(BUSINESS WIRE)--Core & Main Announces Pricing of Secondary Offering

Core & Main Announces Pricing of Secondary Offering

ST. LOUIS--(BUSINESS WIRE)--Core & Main Announces Launch of Secondary Offering

Core & Main Announces Launch of Secondary Offering

Core & Main (CNM) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.

Surging Earnings Estimates Signal Good News for Core & Main (CNM)

My original investment thesis continues to hold up well due to strong fundamentals in the infrastructure and construction market as well as management's sound strategy and execution.

Core & Main: Strong Quarter But Pullback Over Commodity Price Concerns May Be Buy Opportunity

Core & Main (CNM) has been struggling lately, but the selling pressure may be coming to an end soon.

Core & Main (CNM) Sees Hammer Chart Pattern: Time to Buy?

Credit Suisse analyst Jamie Cook raised Core & Main Inc (NYSE:CNM) price target to $40 (an upside of 42%) from $33 and maintained an Outperform rating on the shares. Cook notes that Core & Main was up after beating consensus revenue, EBITDA, and margin estimates, while raising full-year 2021 guidance despite most industrial companies challenged with supply chain and price cost.

Read How Analysts Reacted To Core & Main's Q3 Results

Core & Main's (CNM) CEO Steve LeClair on Q3 2021 Results - Earnings Call Transcript

ST. LOUIS--(BUSINESS WIRE)--Core & Main Announces Fiscal 2021 Third Quarter Results

Core & Main Announces Fiscal 2021 Third Quarter Results

ST. LOUIS--(BUSINESS WIRE)--Core & Main to Announce Fiscal 2021 Third Quarter Results

Core & Main to Announce Fiscal 2021 Third Quarter Results

ST. LOUIS--(BUSINESS WIRE)--Core & Main expands waterworks footprint in Pennsylvania.

News for Core & Main Stock (CNM)