secwatch.observer — SEC 8-K summary
======================================

Issuer:     Core & Main, Inc. (CNM)
CIK:        0001856525
Form:       8-K
Filed at:   2025-06-10T23:59:59+00:00
Accession:  0001856525-25-000115
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Core & Main Q1 FY2025 net sales up 9.8% to $1.91B, net income up 4%, reaffirms FY outlook
--------------------------------------------------------------------------------

- Net sales $1,911M (+9.8% YoY); gross profit $510M (+9.0%); net income $105M (+4.0%).
- Diluted EPS $0.52 (+6.1% YoY); Adjusted EBITDA $224M (+3.2%).
- Repurchased $39M of shares at avg price ~$46.64 during quarter.
- Reaffirmed full-year outlook for net sales, Adjusted EBITDA, and operating cash flow.
- CEO highlights resilient end markets and aging water infrastructure investments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856525/000185652525000115/0001856525-25-000115-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856525/000185652525000115/cnm-20250610.htm
  HTML page:      https://secwatch.observer/filing/0001856525-25-000115

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer