earnings
confidence high
sentiment negative
materiality 0.65
Core & Main prelim Q3 sales $2.12-2.13B; FY26 EBITDA outlook narrowed to $950-960M
Core & Main, Inc.
- Preliminary Q3 net sales $2.12B-$2.13B vs $2.062B a year ago; net income $128M-$140M vs $143M.
- Preliminary Q3 Adjusted EBITDA $267M-$275M vs $274M in the prior-year quarter.
- FY2026 Adjusted EBITDA outlook updated to $950M-$960M from $950M-$980M; net sales outlook maintained.
- Completed three acquisitions with over $250M in combined annual revenue.
- Repurchased a quarterly record $171M of shares, third straight quarter of record open-market buybacks; full Q3 results due Dec. 8, 2026.