I downgrade Core & Main to a sell rating due to collapsing residential demand, rising costs, and execution missteps undermining the growth story. 2Q25 results reinforce the bear case: weak organic growth, deteriorating profitability, and a sharp downgrade in residential lot development outlook. CNM management's cost-control efforts will take time, leaving margins pressured and credibility damag...
Core & Main, Inc. (NYSE:CNM ) Q2 2025 Earnings Call September 9, 2025 8:30 AM EDT Company Participants Glenn Floyd - Director of Investor Relations & Treasury Mark Witkowski - CEO & Director Robyn Bradbury - Chief Financial Officer Conference Call Participants Brian Biros - Thompson Research Group, LLC Matthew Bouley - Barclays Bank PLC, Research Division David Manthey - Robert W. Baird & Co. I...
ST. LOUIS--(BUSINESS WIRE)--Core & Main has entered into an agreement to acquire substantially Canada Waterworks, a distributor of water, wastewater and storm drainage products.
Water infrastructure firm Core & Main, Inc. (CNM) weathers storms to keep growing.
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