Core & Main, Inc. (CNM)

The company now

Core & Main reported second-quarter fiscal 2026 net sales of $2,145 million on 9 September 2026, up 2.5 percent 1. Net income was $150 million, up 6.4 percent 1.

The company said pipes, valves and fittings sales rose because of acquisitions, fire protection grew on higher volumes and prices, and storm drainage was essentially flat 1. Chief Executive Mark Witkowski called municipal demand a source of strength and named fire protection and large projects, including treatment plants and data centers, as growth areas 1.

It spent $169 million repurchasing 3.7 million of its own shares in the quarter and reaffirmed its fiscal 2026 outlook for net sales of $7,800 to $7,900 million 1.

On 1 July 2026 its operating subsidiary issued $750 million of 6.000 percent senior notes due 2034, mainly to prepay part of an older term loan 5. The open question is acquisitions: the company said it is encouraged by opportunities in its pipeline, though it closed none in the first six months of the fiscal year 12.

As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.