secwatch.observer — SEC 8-K summary
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Issuer:     Core & Main, Inc. (CNM)
CIK:        0001856525
Form:       8-K
Filed at:   2023-11-06T23:59:59+00:00
Accession:  0001193125-23-270844
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856525/000119312523270844/0001193125-23-270844-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856525/000119312523270844/d691871d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-270844

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer