Welcome to our dedicated page for Core & Main news (Ticker: CNM), a resource for investors and traders seeking the latest updates and insights on Core & Main stock.
Core & Main, Inc. (NYSE: CNM) is a St. Louis-based specialty distributor focused on water, wastewater, storm drainage and fire protection products and related services. This news page aggregates company announcements, earnings releases and transaction updates so readers can follow how Core & Main’s distribution network and infrastructure-focused business evolve over time.
According to its public statements, Core & Main serves municipalities, private water companies and professional contractors across municipal, non-residential and residential end markets. News about the company often highlights its role in advancing reliable infrastructure with local service, nationwide, and the performance of product categories such as pipes, valves and fittings, storm drainage products, fire protection products and meter products.
Investors and industry followers can use this page to review quarterly and annual financial results, including metrics like net sales, gross profit, net income, Adjusted EBITDA and operating cash flow as reported in Core & Main’s earnings press releases. Coverage also includes updates on acquisitions and geographic expansion, such as the completed acquisition of Canada Waterworks in Canada and the agreement to acquire Pioneer Supply in Oklahoma and Texas, as well as the opening of new locations in markets the company identifies as priorities.
Additional news items may address capital allocation decisions, including changes to the company’s share repurchase authorization, and corporate governance developments, such as annual meeting results or executive transitions disclosed in filings and press releases. For users tracking CNM stock, this page offers a centralized view of Core & Main’s publicly released information, from infrastructure-focused growth initiatives to shareholder-related announcements.
Core & Main (NYSE: CNM) announced board and executive chair changes effective April 1, 2026 as part of succession planning. M. Susan Hardwick was appointed director and joined the talent and compensation committee.
Stephen LeClair retired as executive chair and chair of the board; James Castellano was appointed chair, James Hope named chair of the audit committee, and Robert Buck added to the audit committee. Hardwick becomes the ninth independent director on the ten-member board.
Core & Main (NYSE: CNM) reported fiscal 2025 results for the year ended February 1, 2026. Net sales were $7,647M (up 2.8% YoY) and net income was $462M (up 6.5% YoY). For Q4, net sales were $1,581M and diluted EPS rose to $0.37 (up 12.1%).
Adjusted EBITDA for fiscal 2025 was $931M; operating cash flow was $650M. The company repurchased $155M (3.2M shares) during the year and lowered net debt to $1,946M. Fiscal 2026 outlook: net sales $7.8–7.9B; Adjusted EBITDA $950–980M.
Core & Main (NYSE: CNM) will report fourth quarter and fiscal 2025 results for the period ended February 1, 2026, before market open on March 24, 2026. A conference call and webcast will be held at 8:30 a.m. ET the same day.
Live webcast access is via the events calendar at the company investor site; dial-in numbers and passcode 758719 are provided. A slide presentation and archived webcast will be available immediately after the call.
Core & Main (NYSE: CNM) closed its previously announced acquisition of Pioneer Supply on January 26, 2026. The acquired business is a distributor of water, wastewater and storm drainage products and operates locations in Moore, Oklahoma and Weatherford, Texas. The transaction expands Core & Main's local distribution footprint in those regional markets and brings Pioneer Supply's product focus into Core & Main's nationwide infrastructure platform.
Core & Main (NYSE: CNM) signed a definitive agreement to acquire Pioneer Supply, a distributor of water, wastewater and storm drainage products with locations in Moore, Oklahoma and Weatherford, Texas. Pioneer Supply, established in 1963, serves municipal, residential and non-residential end markets. Company leadership said the deal expands Core & Main's presence in Texas and Oklahoma and cites cultural and service alignment between the two firms. Pioneer Supply's CEO described joining Core & Main as a continuation of their multi-state supplier operations and customer focus.
Core & Main (NYSE: CNM) reported fiscal Q3 2025 results for the quarter ended November 2, 2025: net sales $2,062M (+1.2% YoY), gross profit $561M (+3.3%; margin 27.2%), net income $143M (+2.1%), diluted EPS $0.72 (+4.3%), and Adjusted EBITDA $274M (-1.1%).
The company generated $271M of operating cash in the quarter, repurchased $50M of shares, completed the acquisition of Canada Waterworks (9/30/2025), opened new locations in Houston and Denver, and increased share repurchase authorization by $500M after quarter-end. Core & Main reaffirmed fiscal 2025 guidance: net sales $7,600–7,700M, Adjusted EBITDA $920–940M, and operating cash flow $550–610M.
Core & Main (NYSE: CNM) announced its board increased the company's share repurchase authorization by $500 million, raising the total program to $1 billion as of December 9, 2025.
The company has repurchased approximately $316 million of Class A common stock under the program through December 8, 2025, leaving about $684 million available. Repurchases will be executed at management's discretion based on market conditions, capital needs and stock price, and may use methods including open market purchases, privately negotiated transactions, accelerated repurchases, block trades or Rule 10b5-1 plans.
Core & Main expects to fund repurchases with existing cash and cash equivalents, short-term borrowings and/or future cash flows.
Core & Main (NYSE: CNM) updated the timing for its fiscal 2025 third quarter earnings conference call. The company will release results for the quarter ended Nov. 2, 2025 before the market opens on Tuesday, Dec. 9, 2025, and will host the related conference call at 7:30 a.m. ET the same day.
A live webcast and accompanying materials will be available at the company investor relations site ir.coreandmain.com, with a replay accessible after the event. Dial-in access is available at 833-470-1428 (US) or +1-646-844-6383 (international) using passcode 759718. Participants are asked to dial in at least 10 minutes before the call.
Core & Main (NYSE: CNM) will release fiscal 2025 third quarter results for the period ended Nov. 2, 2025, before market open on Tuesday, Dec. 9, 2025. A conference call and live webcast will be held at 8:30 a.m. ET the same day to discuss results.
Investors can access the webcast via the events calendar at the company's IR site. Dial-in numbers are 833-470-1428 (U.S.) or +1-646-844-6383 (international) using passcode 759718. A slide presentation and archived webcast will be available after the call.
Core & Main (NYSE: CNM) has successfully completed its acquisition of Canada Waterworks, encompassing both Canada Waterworks Inc. and Canada Waterworks Ottawa Inc. This strategic acquisition expands Core & Main's presence in the Canadian market, adding a significant distributor of water, wastewater, and storm drainage products to its portfolio.
The acquisition strengthens Core & Main's position in the infrastructure solutions sector, particularly in water management systems distribution across North America.