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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) announced its board increased the company's share repurchase authorization by $500 million, raising the total program to $1 billion as of December 9, 2025.
The company has repurchased approximately $316 million of Class A common stock under the program through December 8, 2025, leaving about $684 million available. Repurchases will be executed at management's discretion based on market conditions, capital needs and stock price, and may use methods including open market purchases, privately negotiated transactions, accelerated repurchases, block trades or Rule 10b5-1 plans.
Core & Main expects to fund repurchases with existing cash and cash equivalents, short-term borrowings and/or future cash flows.
Core & Main (NYSE: CNM) updated the timing for its fiscal 2025 third quarter earnings conference call. The company will release results for the quarter ended Nov. 2, 2025 before the market opens on Tuesday, Dec. 9, 2025, and will host the related conference call at 7:30 a.m. ET the same day.
A live webcast and accompanying materials will be available at the company investor relations site ir.coreandmain.com, with a replay accessible after the event. Dial-in access is available at 833-470-1428 (US) or +1-646-844-6383 (international) using passcode 759718. Participants are asked to dial in at least 10 minutes before the call.
Core & Main (NYSE: CNM) will release fiscal 2025 third quarter results for the period ended Nov. 2, 2025, before market open on Tuesday, Dec. 9, 2025. A conference call and live webcast will be held at 8:30 a.m. ET the same day to discuss results.
Investors can access the webcast via the events calendar at the company's IR site. Dial-in numbers are 833-470-1428 (U.S.) or +1-646-844-6383 (international) using passcode 759718. A slide presentation and archived webcast will be available after the call.
Core & Main (NYSE: CNM) has successfully completed its acquisition of Canada Waterworks, encompassing both Canada Waterworks Inc. and Canada Waterworks Ottawa Inc. This strategic acquisition expands Core & Main's presence in the Canadian market, adding a significant distributor of water, wastewater, and storm drainage products to its portfolio.
The acquisition strengthens Core & Main's position in the infrastructure solutions sector, particularly in water management systems distribution across North America.
Core & Main (NYSE: CNM), a specialty infrastructure distributor, reported strong fiscal 2025 Q2 results with net sales increasing 6.6% to $2.09 billion. The company achieved notable improvements with net income rising 11.9% to $141 million and diluted EPS growing 14.8% to $0.70.
Despite solid Q2 performance, Core & Main lowered its full-year guidance, now expecting net sales of $7.6-7.7 billion and Adjusted EBITDA of $920-940 million. The revision reflects higher operating expenses and softer residential demand. The company expanded through new locations in Kansas City and Columbus, while also announcing the acquisition of Canada Waterworks.
Core & Main (NYSE: CNM) has announced a definitive agreement to acquire Canada Waterworks, a Canadian distributor of water, wastewater, and storm drainage products. The acquisition targets Canada Waterworks Inc. and Canada Waterworks Ottawa Inc., expanding Core & Main's presence in Ontario through three strategic locations in Toronto, Ottawa, and Hamilton.
Established in 2014, Canada Waterworks serves contractors and municipalities in southern Ontario. The acquisition aligns with Core & Main's strategy to expand its platform in Canada, particularly in Ontario. Canada Waterworks will continue operating as a local, Canada-based business while benefiting from Core & Main's support infrastructure.
Core & Main (NYSE: CNM), a specialty distributor of infrastructure products, will release its fiscal 2025 second quarter financial results on Tuesday, September 9, 2025, before market open.
The company will host a conference call and webcast at 8:30 a.m. ET to discuss the results. Investors can access the webcast through the company's investor relations website at ir.coreandmain.com, or join by phone using the dial-in numbers 833-470-1428 (domestic) or +1-404-975-4839 (international) with passcode 530343.