earnings
confidence high
sentiment positive
materiality 0.75
Core & Main reports Q4 net sales up 50% to $1,246M, Adjusted EBITDA +113% to $151M
Core & Main, Inc.
2021-FY EPS reported
$0.55
revenue$5,004,000,000
- Net sales Q4 $1,246M (+50% YoY); FY21 $5,004M (+37%).
- Net income Q4 $79M vs $0; FY21 $225M vs $37M.
- Adjusted EBITDA Q4 $151M (+113%, margin 12.1%); FY21 $604M (+77%, margin 12.1%).
- Net debt leverage improved to 2.5x from 5.6x YoY.
- FY22 outlook: net sales growth high-single to low-double-digit; Adj. EBITDA $595M-$635M.