Core & Main Q2 Sales Rise 2.5% to $2.1 Billion; Full-Year Outlook Reaffirmed
Core & Main reported fiscal second-quarter net sales of $2,145 million, up 2.5%, and net income of $150 million, up 6.4%, for the quarter ended August 2, 2026. The company reaffirmed its full-year fiscal 2026 outlook and said it repurchased $169 million of shares in the quarter, with a further $11 million after quarter end.
Key points
- Diluted EPS rose 10.0% to $0.77; Adjusted Diluted EPS rose 8.0% to $0.94
- Adjusted EBITDA rose 3.0% to $274 million; gross profit margin was 26.7% versus 26.8% a year earlier
- Full-year fiscal 2026 outlook reaffirmed: net sales of $7,800 to $7,900 million and Adjusted EBITDA of $950 to $980 million
- Year-to-date open market share repurchases reached nearly $270 million and 5.7 million shares
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 September 09, 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.