{"schema_version":"secwatch.filing_event.v1","accession":"0001856525-23-000010","form_type":"8-K","ticker":"CNM","cik":"0001856525","company_name":"Core & Main, Inc.","filed_at":"2023-03-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.196902+00:00","generated_at":"2026-06-17T13:41:44.059852+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Core & Main reports record FY2022 revenue $6.65B, net income +158%; guides FY2023 EBITDA below FY2022","bullets":["Net sales $6,651M (+32.9% YoY); net income $581M (+158.2%); Adjusted EBITDA $935M (+54.8%).","Q4 net sales $1,374M (+10.3%); net income $84M (+6.3%); Adjusted EBITDA $164M (+8.6%).","FY2023 guidance: net sales $6,455-6,875M, Adjusted EBITDA $785-865M, margin 12.2-12.6%.","Operating cash flow improved to $401M from -$31M; net debt leverage 1.4x.","Acquired 8 companies with ~$175M historical annualized sales; opened 3 new locations."],"urls":{"canonical":"https://secwatch.observer/filing/0001856525-23-000010","json":"https://secwatch.observer/filing/0001856525-23-000010.json","markdown":"https://secwatch.observer/filing/0001856525-23-000010.md","text":"https://secwatch.observer/filing/0001856525-23-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1856525/000185652523000010/0001856525-23-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1856525/000185652523000010/cnm-20230328.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T13:41:44.059852+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6b020c436f35bb2af1c3ce4c3deed0b8f9152bc4","claim":"Core & Main, Inc. reported the fiscal year ended January 29, 2023 results: revenue $6,651 million, net income $581 million.","evidence_excerpt":"Net sales for fiscal 2022 increased $1,647 million, or 32.9%, to $6,651 million compared with $5,004 million for fiscal 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1856525/000185652523000010/0001856525-23-000010-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended January 29, 2023"},{"label":"Revenue","value":"$6,651 million"},{"label":"Net income","value":"$581 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"6dae9611b4c17de2f005e08783ec8a9eb9fe0ed9","claim":"Core & Main, Inc. reported the three months ended January 29, 2023 results: revenue $1,374 million, net income $84 million.","evidence_excerpt":"Net sales for the three months ended January 29, 2023 increased $128 million, or 10.3%, to $1,374 million compared with $1,246 million for the three months ended January 30, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1856525/000185652523000010/0001856525-23-000010-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended January 29, 2023"},{"label":"Revenue","value":"$1,374 million"},{"label":"Net income","value":"$84 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}