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Core & Main Announces Fiscal 2021 Second Quarter Results

September 14, 2021 7:30 AM EDT

ST. LOUIS--(BUSINESS WIRE)-- Core & Main, Inc. (NYSE: CNM) (Core & Main), a leading specialized distributor of water, wastewater, storm drainage and fire protection products, and related services, today announced unaudited financial results for the second fiscal quarter and six months ended August 1, 2021.

Fiscal 2021 Second Quarter Highlights (Compared with Fiscal 2020 Second Quarter)

Net sales increased 35.7% to $1,297.6 million Gross profit margin increased 100 basis points to 25.1% Net income decreased 47.5% to $9.5 million Adjusted EBITDA (Non-GAAP)... More