CNM
Core & Main, Inc.
CNM Q2 2026 earnings
Published Sep 9, 2026
AI summary
- Adjusted EPS beat consensus.
- Net sales for the second quarter rose 2.5% to $2.145 billion compared to the same period last year.
- Net income grew 6.4% to $150 million, while diluted earnings per share increased 10% to $0.77.
- The company repurchased 3.7 million shares during the quarter for $169 million.
- Management reaffirmed its full-year fiscal 2026 outlook, including net sales of $7.8 to $7.9 billion.
Results vs analyst consensus
Revenue
Reported
$2.15B
Consensus not captured before release
+2.5% YoY
Adjusted EPS
Reported · Adjusted Diluted Earnings Per Share
$0.94
Consensus $0.91
Beat by $0.03GAAP EPS: $0.77
Consensus: Yahoo Finance · Q2 2026 · EPS estimate at release
Revenue display rounded; difference uses exact result.
Next quarter outlook
$7.8B–$7.9B
full-year fiscal 2026 revenue guidance
Next-quarter consensus not captured before release.
What to watch
- Gross profit margin slightly declined to 26.7% from 26.8% in the prior year quarter.
- Storm drainage net sales remained essentially flat for the quarter.
Read original report
Source: Core & Main, Inc. press release · SEC Form 8-K exhibit 99.1