Core & Main Stock News

Core & Main is evolving from a cyclical water pipe distributor to a stable, essential infrastructure platform with robust, recurring demand drivers. CNM's growth is fueled by aging water infrastructure, regulatory upgrades, climate adaptation, and municipal investments, making its outlook less tied to construction cycles. Despite recent margin compression from residential weakness, CNM's margin...

ST. LOUIS--(BUSINESS WIRE)--Core & Main Updates Time of Fiscal 2025 Third Quarter Results Conference Call.

ST. LOUIS--(BUSINESS WIRE)--Core & Main to Announce Fiscal 2025 Third Quarter Results.

Bornite Capital initiated a new position by purchasing 1,000,000 shares, raising exposure by $53.83 million Post-trade position: 1 million shares valued at $53.83 million Core & Main represents 4.9985% of AUM

ST. LOUIS--(BUSINESS WIRE)--Core & Main has closed its previously announced acquisition of Canada Waterworks, a distributor of water, wastewater and storm drainage products.

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...

Core & Main dives after warning on residential demand. Housing-related stocks slide.