Core & Main reports preliminary Q3 FY2023 net sales ~$1.83B, net income down ~11% YoY

Core & Main, Inc.

2023-Q3 EPS reported $1.80 revenue$5,262,000,000

Preliminary Q3 net sales $1,822M-$1,832M (flat YoY vs $1,818M); net income $153M-$163M vs $178M YoY.
Adjusted EBITDA estimated at $257M-$263M vs $275M YoY, down 4%-7% year over year.
Results issued ahead of 2023 Baird Global Industrial Conference; final results subject to quarter-end closing.
Adjusted EBITDA excludes equity comp $3M, acquisition & offering expenses $1M each.

item 2.02 item 7.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Core & Main, Inc. reported the three months ended October 29, 2023 results: revenue $ 1,822 $ 1,832, net income $ 153 $ 163.

Period: the three months ended October 29, 2023
Revenue: $ 1,822 $ 1,832
Net income: $ 153 $ 163
Result: preliminary results

Exact text from the filing

or otherwise. Three Months Ended October 29, 2023 (low end of the range) October 29, 2023 (high end of the range) October 30, 2022 Dollars in millions, unaudited Net sales $ 1,822 $ 1,832 $ 1,818 Net income $ 153 $ 163 $ 178 Adjusted EBITDA (1) $ 257 $ 263 $ 275 (1) Adjusted EBITDA is a non-GAAP financial measure. See below for reconciliations of these

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Source: SEC EDGAR

accession 0001193125-23-270844

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