Earnings Releases·Nov 10, 2026, 4:16 PM ET

Core & Main — Third Quarter Fiscal 2026 Earnings Summary

Preliminary Q3 net sales reached $2.12–$2.13 billion (3% YoY growth), while net income ($128–$140 million) and Adjusted EBITDA ($267–$275 million) declined from prior year levels due to higher transportation costs and greenfield investments.
Fiscal 2026 Adjusted EBITDA guidance was revised downward to $950–$960 million from $950–$980 million, reflecting stable municipal demand offset by softer residential lot development and light commercial activity.
Strategic execution included three acquisitions totaling over $250 million in annual revenue, eight new greenfield locations, and a record $171 million in share repurchases during the quarter.
Full Q3 results are scheduled for release on December 8, 2026, with preliminary figures subject to revision following final audit and management review.