Core & Main Reports Q4 Profit Miss, But 2025 Outlo…

From Financial Modeling Prep: 2025-03-25 12:59:00

Core & Main (NYSE:CNM) reported Q4 earnings below expectations, at $0.33 per share compared to analysts’ $0.36 estimate. Revenue exceeded forecasts at $1.69 billion, up 17.9% YoY. Adjusted EBITDA was slightly below projections at $179 million. Despite this, the company highlighted strong execution and positive sales growth for 15 consecutive years.

For fiscal 2025, Core & Main expects revenue between $7.6 billion and $7.8 billion, surpassing analyst estimates of $7.42 billion. Net sales growth is projected at 2% to 5%, with average daily sales expected to increase by 4% to 7%. The company anticipates flat to slightly positive demand in 2025, with a focus on municipal repair and replacement projects.



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