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Core & Main Inc - CNM STOCK NEWS

Welcome to our dedicated news page for Core & Main (Ticker: CNM), a resource for investors and traders seeking the latest updates and insights on Core & Main.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Core & Main's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Core & Main's position in the market.

Rhea-AI Summary
Core & Main Inc. (NYSE: CNM) has signed an agreement to acquire Geothermal Supply Company Inc., a leading distributor of HDPE pipe products. The acquisition aims to expand Core & Main's offerings in the geothermal, water, and sewer industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.39%
Tags
-
Rhea-AI Summary
Core & Main Inc. (CNM) successfully completes the acquisition of ACF West Inc., a prominent distributor of geosynthetic materials and soil stabilization solutions across multiple states.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.86%
Tags
-
Rhea-AI Summary
Core & Main Inc. (CNM) announces the acquisition of EGW Utilities, Inc., expanding its product offerings in the underground utility industry. The deal brings together two teams with deep expertise, creating growth opportunities and value for customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.23%
Tags
Rhea-AI Summary
Core & Main Inc. promotes Jeff Giles to executive vice president, corporate development, recognizing his significant contributions in building a successful corporate development organization. Giles will continue leading the company's strategy and growth initiatives, overseeing mergers and acquisitions. Core & Main has completed over 30 acquisitions under Giles' leadership, deploying around $1.6 billion of capital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.87%
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none
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Rhea-AI Summary
Core & Main Inc. (CNM) announces strong financial results for Q4 and fiscal year 2023, with net sales reaching $6.7 billion, net income of $531 million, and Adjusted EBITDA of $910 million. Despite challenges, the company made significant investments in growth, acquisitions, and share repurchases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.5%
Tags
-
Rhea-AI Summary
Core & Main Inc. (CNM) has announced the acquisition of NW Geosynthetics Inc., known as ACF West Inc., a prominent distributor of geosynthetic materials in the western United States. The acquisition aims to expand Core & Main's geosynthetics footprint, distribution reach, and product offerings in the region.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.2%
Tags
Rhea-AI Summary
Core & Main Inc. (CNM) has successfully completed the acquisition of Dana Kepner Company LLC, expanding its reach in water, wastewater, and geotextile product distribution across multiple states.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.52%
Tags
-
Rhea-AI Summary
Core & Main Inc. (CNM) will release its Q4 and fiscal year 2024 financial results on March 19, 2024. A conference call and webcast will follow to discuss the results, accessible via ir.coreandmain.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.75%
Tags
-
Rhea-AI Summary
Core & Main Inc. (CNM) has completed the acquisition of Eastern Supply Inc., expanding its reach in storm drainage products with custom fabrication capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.38%
Tags
Rhea-AI Summary
Core & Main Inc. (NYSE: CNM) announced the election of Stephen O. LeClair as the new chairman of the board, effective immediately. LeClair will continue serving as CEO. James G. Castellano will serve as lead independent director, and Kathleen M. Mazzarella will serve as chair of the nominating and governance committee. Affiliates of Clayton, Dubilier & Rice (CD&R) have resigned from Core & Main’s board after serving since 2017, when CD&R assumed a majority stake in Core & Main. CD&R sold its remaining stake in Core & Main in January 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.82%
Tags
none
Core & Main Inc

NYSE:CNM

CNM Rankings

CNM Stock Data

11.35B
191.94M
0.15%
87.16%
5.06%
Other Miscellaneous Durable Goods Merchant Wholesalers
Wholesale Trade
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United States
Saint Louis

About CNM

core & main distributes a complete line of water, sewer, fire protection and storm drain products to serve the needs of both contractors and municipalities in all aspects of public works and private construction industries. these products are integral to building, repairing and maintaining water systems and serve as part of the basic municipal infrastructure required to support population and economic growth, and residential and commercial construction.