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Core & Main reported fiscal second quarter results ending August 2, 2026

CNMCore & Main, Inc.

Core & Main reported fiscal second quarter results ending August 2, 2026. Net sales increased 2.5% to $2,145 million, while net income rose 6.4% to $150 million and diluted EPS grew 10.0% to $0.77. Adjusted EBITDA reached $274 million with a margin of 12.8%. The company deployed $169 million to repurchase 3.7 million shares during the quarter, bringing year-to-date buybacks to nearly $270 million. Core & Main reaffirmed its full-year fiscal 2026 outlook, projecting net sales of $7,800 to $7,900 million and adjusted EBITDA of $950 to $980 million. The company operates in the specialty distribution industry, providing water, wastewater, storm drainage, and fire protection products and services.

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