Core & Main Q3 net sales up 1.2% to $2,062 million; buyback raised $500 million
Core & Main reported fiscal third-quarter net sales of $2,062 million, up 1.2%, and diluted earnings per share of $0.72, up 4.3%, while Adjusted EBITDA fell 1.1% to $274 million. The company reaffirmed its full-year fiscal 2025 outlook and its board raised the share repurchase authorization by $500 million to $1 billion, which could reduce the share count for existing shareholders.
Key points
- Net sales rose 1.2% to $2,062 million; net income rose 2.1% to $143 million
- Diluted EPS rose 4.3% to $0.72; Adjusted EBITDA fell 1.1% to $274 million
- Full-year fiscal 2025 outlook reaffirmed, including net sales of $7,600 to $7,700 million
- About $316 million of Class A shares repurchased as of December 8, 2025, leaving about $684 million available
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 09, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.