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Core & Main, Inc. reports developments tied to its role as a specialty distributor of water, wastewater, storm drainage and fire protection products and related services. The company serves municipalities, private water companies and professional contractors across municipal, non-residential and residential infrastructure end markets in the United States and Canada.
Recurring news covers quarterly and annual results, sales and margin drivers, distribution costs, branch expansion, completed acquisitions, service-capability investments, share repurchase authorizations and board succession. Updates also reflect the company’s focus on maintenance, repair, replacement and construction demand across waterworks and fire protection infrastructure.
Core & Main (NYSE: CNM) priced a private offering of $750 million in aggregate principal amount of 6.000% Senior Notes due 2034 through subsidiary Core & Main LP.
According to Core & Main, net proceeds are expected to prepay part of its senior term loan due 2028 and fund general corporate purposes, including organic growth, M&A, operational initiatives, and share repurchases.
Core & Main (NYSE: CNM) launched a $750 million Senior Notes offering due 2034 through subsidiary Core & Main LP. Net proceeds are expected to prepay part of a senior term loan due July 27, 2028 and fund general corporate purposes, including growth, M&A and share repurchases.
The Notes will be senior unsecured, guaranteed by key parent entities and future qualifying subsidiaries, and sold via Rule 144A and Regulation S. They will not be registered under the Securities Act.
Summary not available.
Core & Main (NYSE: CNM) will report fiscal 2026 first quarter results, for the period ended May 3, 2026, before the market opens on Wednesday, June 10, 2026.
Management will host a conference call and live webcast at 8:30 a.m. ET, with slides and an archived replay available on the investor relations website.
Core & Main (NYSE: CNM) announced board and executive chair changes effective April 1, 2026 as part of succession planning. M. Susan Hardwick was appointed director and joined the talent and compensation committee.
Stephen LeClair retired as executive chair and chair of the board; James Castellano was appointed chair, James Hope named chair of the audit committee, and Robert Buck added to the audit committee. Hardwick becomes the ninth independent director on the ten-member board.
Core & Main (NYSE: CNM) reported fiscal 2025 results for the year ended February 1, 2026. Net sales were $7,647M (up 2.8% YoY) and net income was $462M (up 6.5% YoY). For Q4, net sales were $1,581M and diluted EPS rose to $0.37 (up 12.1%).
Adjusted EBITDA for fiscal 2025 was $931M; operating cash flow was $650M. The company repurchased $155M (3.2M shares) during the year and lowered net debt to $1,946M. Fiscal 2026 outlook: net sales $7.8–7.9B; Adjusted EBITDA $950–980M.
Core & Main (NYSE: CNM) will report fourth quarter and fiscal 2025 results for the period ended February 1, 2026, before market open on March 24, 2026. A conference call and webcast will be held at 8:30 a.m. ET the same day.
Live webcast access is via the events calendar at the company investor site; dial-in numbers and passcode 758719 are provided. A slide presentation and archived webcast will be available immediately after the call.
Core & Main (NYSE: CNM) closed its previously announced acquisition of Pioneer Supply on January 26, 2026. The acquired business is a distributor of water, wastewater and storm drainage products and operates locations in Moore, Oklahoma and Weatherford, Texas. The transaction expands Core & Main's local distribution footprint in those regional markets and brings Pioneer Supply's product focus into Core & Main's nationwide infrastructure platform.
Core & Main (NYSE: CNM) signed a definitive agreement to acquire Pioneer Supply, a distributor of water, wastewater and storm drainage products with locations in Moore, Oklahoma and Weatherford, Texas. Pioneer Supply, established in 1963, serves municipal, residential and non-residential end markets. Company leadership said the deal expands Core & Main's presence in Texas and Oklahoma and cites cultural and service alignment between the two firms. Pioneer Supply's CEO described joining Core & Main as a continuation of their multi-state supplier operations and customer focus.
Core & Main (NYSE: CNM) reported fiscal Q3 2025 results for the quarter ended November 2, 2025: net sales $2,062M (+1.2% YoY), gross profit $561M (+3.3%; margin 27.2%), net income $143M (+2.1%), diluted EPS $0.72 (+4.3%), and Adjusted EBITDA $274M (-1.1%).
The company generated $271M of operating cash in the quarter, repurchased $50M of shares, completed the acquisition of Canada Waterworks (9/30/2025), opened new locations in Houston and Denver, and increased share repurchase authorization by $500M after quarter-end. Core & Main reaffirmed fiscal 2025 guidance: net sales $7,600–7,700M, Adjusted EBITDA $920–940M, and operating cash flow $550–610M.