Core & Main Q1 Diluted EPS Rises 9.6% to $0.57; Full-Year Outlook Reaffirmed
Core & Main reported fiscal 2026 first quarter results for the period ended May 3, 2026. Net sales were essentially flat at $1,910 million, while net income rose 7.6% to $113 million and diluted EPS rose 9.6% to $0.57. The company reaffirmed its full-year fiscal 2026 outlook, which is positive for shareholders because profit grew and guidance held, although sales were flat.
Key points
- Net sales of $1,910 million vs. $1,911 million a year earlier, as lower volume was offset by acquisitions
- Net income rose 7.6% to $113 million; diluted EPS rose 9.6% to $0.57; Adjusted Diluted EPS rose 5.9% to $0.72
- Repurchased 1.8 million shares for $88 million in the quarter, plus $37 million for 0.8 million shares after quarter end
- Fiscal 2026 outlook reaffirmed: net sales of $7,800 to $7,900 million and Adjusted EBITDA of $950 to $980 million
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing 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 June 10, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.