Every 10-Q that Core & Main, Inc. (CNM) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CNM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CNM filings page.
Core & Main, Inc. (CNM) reported modest top-line growth but stronger profitability in the quarter ended August 2, 2026. Net sales rose to $2,145 million, up 2.5% year over year, while net income increased 6.4% to $150 million and diluted EPS grew to $0.77 from $0.70. Quarterly gross margin was essentially stable at 26.7%, and operating income rose 6.6% to $227 million, supported by slightly lower SG&A as a percentage of sales.
For the first six months of fiscal 2026, net sales reached $4,055 million, up 1.3%, with net income up 6.9% to $263 million. Year-to-date gross margin improved to 27.0% and Adjusted EBITDA increased to $500 million. Operating cash flow strengthened to $144 million from $111 million despite heavier working capital needs.
The company actively managed its capital structure, refinancing its 2028 term loan with a new $800 million 2033 Senior Term Loan and issuing $750 million of 6.0% 2034 senior notes, bringing long-term debt to $2,432 million. CNM also repurchased 5.46 million Class A shares for $257 million under its $1 billion program, leaving $412 million authorized. Liquidity remained solid with $312 million in cash and about $1.23 billion of ABL capacity available.
Core & Main, Inc. reported essentially flat quarterly net sales of $1,910 million, while improving profitability. Net income rose to $113 million from $105 million, and diluted EPS increased to $0.57 from $0.52, helped by better gross margins and lower interest expense.
Gross profit grew to $520 million, or 27.2% of sales, reflecting pricing and purchasing discipline. The company generated $82 million of operating cash flow, repaid debt, and repurchased $88 million of Class A shares, with $581 million still available under its $1 billion authorization.
Core & Main, Inc. reported modestly stronger results for the quarter, with net sales rising to $2,062 million from $2,038 million, helped mainly by recent acquisitions and higher pricing in several product lines. Quarterly net income edged up to $143 million from $140 million, and diluted earnings per share increased to $0.72 from $0.69. For the first nine months, net sales grew to $6,066 million from $5,743 million, while net income increased to $389 million from $367 million, showing steady, if moderate, expansion.
The balance sheet shows total assets of $6,300 million and total debt of $2,172 million as of November 2, 2025, with cash and cash equivalents improving to $89 million from $8 million at the prior fiscal year-end. Operating cash flow was solid at $382 million for the nine-month period. The company continued its acquisition strategy, completing a Canada Waterworks deal with a total transaction value of $49 million across fiscal 2025 activity, and kept returning capital to shareholders by repurchasing 1,949,239 Class A shares for $97 million. Subsequently, the board authorized an additional $500 million increase to the existing share repurchase program.
Core & Main, Inc. reported interim condensed consolidated results covering the six months ended August 3, 2025 and comparable prior periods. The company, a specialty distributor for water, wastewater, storm drainage and fire protection infrastructure, operates approximately 370 branches across 49 U.S. states. Management highlights a $500 million authorized share repurchase program with $277 million available and $47 million spent to repurchase 959,103 Class A shares in the six months ended August 3, 2025. The company completed multiple Fiscal 2024 acquisitions (aggregate transaction values disclosed) that added product capabilities. Debt includes two senior term loans ($1,500m 2028 and $944m 2031 original amounts) and a $1,250m Senior ABL facility; weighted average interest on term loans was 6.27% as of August 3, 2025. Tax receivable agreement payables were $721m, with $41m expected within 12 months. The company was in compliance with debt covenants as of August 3, 2025.