{"schema_version":"secwatch.filing_event.v1","accession":"0001856525-23-000041","form_type":"8-K","ticker":"CNM","cik":"0001856525","company_name":"Core & Main, Inc.","filed_at":"2023-09-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.824400+00:00","generated_at":"2026-06-10T23:37:36.518012+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Core & Main Q2 net sales flat at $1.86B; net income down 9.9%; narrows FY23 EBITDA guide to $850-$880M","bullets":["Net income $164M (-9.9% YoY); diluted EPS $0.66 (-1.5%).","Adjusted EBITDA $270M (-2.5% YoY); margin 14.5% (-40 bps).","Executed $141M share repurchase, reducing diluted shares by 5M.","Closed acquisitions Foster Supply and Dangelo Co., adding 10 locations.","Narrowed FY23 Adj. EBITDA guidance to $850-$880M; net sales $6.6-$6.8B."],"urls":{"canonical":"https://secwatch.observer/filing/0001856525-23-000041","json":"https://secwatch.observer/filing/0001856525-23-000041.json","markdown":"https://secwatch.observer/filing/0001856525-23-000041.md","text":"https://secwatch.observer/filing/0001856525-23-000041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1856525/000185652523000041/0001856525-23-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1856525/000185652523000041/cnm-20230906.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T23:37:36.518012+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":"0e955182f7c1b9fe507b685849adf743fb74dbe2","claim":"Core & Main, Inc. reported the second quarter ended July 30, 2023 results: revenue $1,861 million, net income $164 million.","evidence_excerpt":"announced financial results for the second quarter ended July 30, 2023. Fiscal 2023 Second Quarter Highlights (Compared with Fiscal 2022 Second Quarter) • Net sales were flat at $1,861 million, but up 43% from the second quarter of fiscal 2021 • Gross profit margin sustained at 26.9% • Net incom e decreased 9.9% to $164 million • Adjusted EBITDA (Non-GA AP) decreased","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1856525/000185652523000041/0001856525-23-000041-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended July 30, 2023"},{"label":"Revenue","value":"$1,861 million"},{"label":"Net income","value":"$164 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"}