{"schema_version":"secwatch.filing_event.v1","accession":"0001856525-25-000172","form_type":"8-K","ticker":"CNM","cik":"0001856525","company_name":"Core & Main, Inc.","filed_at":"2025-09-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.397406+00:00","generated_at":"2026-05-17T07:21:52.924046+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Core & Main Q2 sales +6.6% to $2.09B; cuts FY25 guidance on higher costs, soft residential demand","bullets":["Net sales up 6.6% to $2,093M; net income up 11.9% to $141M; diluted EPS $0.70 (vs $0.61).","Adjusted EBITDA up 3.5% to $266M; adjusted diluted EPS up 13% to $0.87.","FY25 guidance lowered: net sales $7,600-7,700M, Adjusted EBITDA $920-940M, op cash flow $550-610M.","After quarter, opened two new locations in Kansas City and Columbus, and acquired Canada Waterworks.","CEO cites higher SG&A, softer residential demand; gross margin expanded to 26.8% from 26.4%."],"urls":{"canonical":"https://secwatch.observer/filing/0001856525-25-000172","json":"https://secwatch.observer/filing/0001856525-25-000172.json","markdown":"https://secwatch.observer/filing/0001856525-25-000172.md","text":"https://secwatch.observer/filing/0001856525-25-000172.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1856525/000185652525000172/0001856525-25-000172-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1856525/000185652525000172/cnm-20250909.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T07:21:52.924046+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}