Core & Main Q2 sales rise 6.6% and profit grows, but full-year outlook is cut
Core & Main reported fiscal second-quarter 2025 results for the period ended August 3, 2025, with net sales up 6.6% to $2,093 million and net income up 11.9% to $141 million. The company also lowered its full-year fiscal 2025 guidance, citing market conditions and higher operating expenses, which matters to shareholders because the revised outlook is below the earlier expectations.
- Q2 net sales rose 6.6% to $2,093 million; diluted EPS rose 14.8% to $0.70
- Q2 net income rose 11.9% to $141 million; Adjusted EBITDA rose 3.5% to $266 million
- Full-year net sales guidance lowered to $7,600 to $7,700 million; Adjusted EBITDA to $920 to $940 million
- Full-year operating cash flow guidance set at $550 to $610 million; Q2 operating cash flow was $34 million