---
schema_version: "secwatch.filing_event.v1"
accession: "0001856525-24-000071"
form_type: "8-K"
ticker: "CNM"
cik: "0001856525"
company_name: "Core & Main, Inc."
filed_at: "2024-06-04T23:59:59+00:00"
generated_at: "2026-06-01T06:36:56.711376+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Core & Main Q1 net income down 24% to $101M; sales up 10.6% to $1.74B

## Summary
- Net sales up 10.6% to $1,741M; gross margin down 100 bps to 26.9%.
- Net income fell 24.1% to $101M; diluted EPS down 2.0% to $0.49.
- Adjusted EBITDA down 1.4% to $217M; margin 12.5%.
- Closed five acquisitions (Eastern Supply, Dana Kepner, ACF West, EGW Utilities, Geothermal Supply).
- Net debt leverage 2.7x; operating cash flow $78M.

## SEC filing metadata
- accession: 0001856525-24-000071
- form_type: 8-K
- ticker: CNM
- cik: 0001856525
- company_name: Core & Main, Inc.
- filed_at: 2024-06-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856525/000185652524000071/0001856525-24-000071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856525/000185652524000071/cnm-20240604.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001856525-24-000071
- JSON: https://secwatch.observer/filing/0001856525-24-000071.json
- Plain text: https://secwatch.observer/filing/0001856525-24-000071.txt

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