---
schema_version: "secwatch.filing_event.v1"
accession: "0001856525-22-000028"
form_type: "8-K"
ticker: "CNM"
cik: "0001856525"
company_name: "Core & Main, Inc."
filed_at: "2022-06-14T23:59:59+00:00"
generated_at: "2026-06-25T02:07:26.998915+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Core & Main reports record Q1: net sales up 52% to $1.6B; Adj EBITDA up 101% to $219M

## Summary
- Net sales $1,598M (+52% YoY); gross margin 26.3% (+200 bps); net income $137M vs $27M.
- Adjusted EBITDA $219M (+101%); margin 13.7% (+340 bps); net debt leverage improved to 2.2x.
- Raising FY2022 Adj EBITDA guidance to $710-750M (18-24% YoY growth).
- Closed acquisitions of Dodson Engineered Products and Lock City Supply; signed Earthsavers deal.
- 25th consecutive quarter of average daily sales growth; strong demand across end markets.

## SEC filing metadata
- accession: 0001856525-22-000028
- form_type: 8-K
- ticker: CNM
- cik: 0001856525
- company_name: Core & Main, Inc.
- filed_at: 2022-06-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856525/000185652522000028/0001856525-22-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856525/000185652522000028/cnm-20220614.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001856525-22-000028
- JSON: https://secwatch.observer/filing/0001856525-22-000028.json
- Plain text: https://secwatch.observer/filing/0001856525-22-000028.txt

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