llucky78Thesis Over the past year, shares of Core & Main, Inc. (NYSE:CNM) shot up by 157.88%: Data by YChartsInvestors, especially institutional investors, like its previous revenue and earnings growth, its margin improvement initiatives, and the Infrastructure Investment and Jobs Act tailwind. I expect strong growth again this year, and although management’s outlook is modest, I have rated it a Strong Buy based on my long-term outlook. About Core & Main In its fourth-quarter and fiscal 2023 earnings re ...

Fiscal 2023 Fourth Quarter and Full-Year Results MARCH 19, 2024 No reconciliation of the estimated range for Adjusted EBITDA, Adjusted EBITDA margin or Operating Cash Flow Conversion for fiscal 2024 are included herein because we are unable to quantify certain amounts that would be required to be included in net income attributable to Core & Main, Inc. or cash provided by or used in operating activities, the most directly comparable GAAP measures, without unreasonable efforts due to the high variability and ...

Corporate Participants Conference Call Participants Operator Good morning, everyone, and welcome to the Core & Main Q4 2023 Earning Call. My name is Carla, and I'll be coordinating your call today. [Operator Instructions] Robyn Bradbury We're excited to have you join us this morning for our fiscal 2023 fourth quarter and full year earnings call. I'm joined today by Steve LeClair, our Chairman and Chief Executive Officer, and Mark Witkowski, our Chief Financial Officer. Steve will lead today's call with a re ...

Core & Main (CNM) came out with quarterly earnings of $0.34 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this distributor of water and fire protection products would post earnings of $0.68 per share when it actually produced earnings of $0.65, delivering a surprise of -4.41%.Over the last four quarters, the company has surpassed consensus EPS estimates two ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 28, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For transition period from to Commission File Number 001-40650 Core & Main, Inc. (Exact name of registrant as specified in its charter) Delaware 86-3149194 (State or other jurisdiction of (I.R.S. ...

ST. LOUIS--(BUSINESS WIRE)--Core & Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, today announced financial results for the fourth quarter and fiscal year ended Jan. 28, 2024. Fiscal 2023 Fourth Quarter Results (Compared with Fiscal 2022 Fourth Quarter) Net sales increased 4.8% to $1,440 million Gross profit margin decreased 40 basis points to 26.7% Net income of $76 million Diluted earnings per share increased 9.7% to $0.34 Adjusted EBITD ...

FOR IMMEDIATE RELEASE • Net sales increased 4.8% to $1,440 million • Adjusted EBITDA (Non-GAAP) decreased 2.4% to $160 million • Gross profit margin increased 10 basis points to 27.1% • Adjusted EBITDA margin (Non-GAAP) decreased 50 basis points to 13.6% • Deployed $1.3 billion of capital to repurchase and retire 45 million shares at an average per share price of approximately $30 "I would like to thank our associates, suppliers and customers for their dedication to serving our communities and building reli ...

ST. LOUIS--(BUSINESS WIRE)--Core & Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, has entered into a definitive agreement to acquire NW Geosynthetics Inc., doing business as ACF West Inc. ACF West is a leading distributor of geosynthetic materials and provider of soil stabilization solutions with six locations in the western United States. “We are excited to grow our geosynthetics footprint across the western United States through the addition of ACF ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Core & Main (CNM) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Core & Main currently has an av ...

ST. LOUIS--(BUSINESS WIRE)--Core & Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, has closed its previously announced acquisition of Dana Kepner Company LLC, and associated entities. Dana Kepner is a distributor of water, wastewater, storm drainage and geotextile products, along with specialty tools and accessories which has locations operating in Arizona, Colorado, Connecticut, Massachusetts, Nevada, Rhode Island, Texas and Wyoming. About Core & Main ...