secwatch.observer — SEC 8-K summary
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Issuer:     Core & Main, Inc. (CNM)
CIK:        0001856525
Form:       8-K
Filed at:   2026-09-09T11:29:28+00:00
Accession:  0001856525-26-000091
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Core & Main Q2 FY2026: Sales up 2.5% to $2.145B, adj EPS $0.94, reaffirms outlook
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- Net sales $2,145M (+2.5% YoY); gross profit $573M (+2.3%); net income $150M (+6.4%).
- Adjusted EBITDA $274M (+3.0%); adjusted diluted EPS $0.94 (+8.0%); diluted EPS $0.77 (+10%).
- Repurchased 3.7M shares for $169M in Q2; $11M more after quarter; YTD buybacks ~$270M.
- Reaffirmed full-year FY2026 outlook; opened 7 greenfield locations in FY2026.
- Fire protection and large capital projects (treatment plants, data centers) drove growth; municipal demand strong.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856525/000185652526000091/0001856525-26-000091-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856525/000185652526000091/cnm-20260909.htm
  HTML page:      https://secwatch.observer/filing/0001856525-26-000091

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