Business Wire·Nov 10, 2026, 4:15 PM ET

Core & Main Announces Preliminary Third-Quarter Fiscal 2026 Results, Updated Fiscal 2026 Outlook, Multiple Acquisitions and Record Share Repurchases

Core & Main reported preliminary third-quarter net sales of $2.12 billion to $2.13 billion, net income of $128 million to $140 million, & Adjusted EBITDA of $267 million to $275 million for the period ended November 1, 2026.
The company maintained its fiscal 2026 net sales outlook of $7.8 billion to $7.9 billion while updating its fiscal 2026 Adjusted EBITDA outlook to $950 million to $960 million from a previous range of $950 million to $980 million.
Core & Main completed three acquisitions with over $250 million in combined annual revenue: Southwest Stormwater Solutions in September, Gajeske LLC in October, & KTI Limited in November.
The company executed a record quarterly open-market share repurchase of $171 million, bringing year-to-date repurchases to approximately $428 million.
Third-quarter results reflected 3% sales growth, though Adjusted EBITDA was impacted by higher transportation costs & investments in greenfield locations.
Full third-quarter fiscal 2026 results are scheduled for reporting on December 8, 2026.