---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-270844"
form_type: "8-K"
ticker: "CNM"
cik: "0001856525"
company_name: "Core & Main, Inc."
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T21:29:53.537525+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-23-270844
- form_type: 8-K
- ticker: CNM
- cik: 0001856525
- company_name: Core & Main, Inc.
- filed_at: 2023-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856525/000119312523270844/0001193125-23-270844-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856525/000119312523270844/d691871d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-270844
- JSON: https://secwatch.observer/filing/0001193125-23-270844.json
- Plain text: https://secwatch.observer/filing/0001193125-23-270844.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856525/000119312523270844/0001193125-23-270844-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.