Core & Main, Inc (CNM) Tops Q4 EPS by 10c

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Core & Main Announces Fiscal 2022 Third Quarter Results

December 13, 2022 7:30 AM EST

ST. LOUIS--(BUSINESS WIRE)-- Core & Main Inc. (NYSE: CNM), a leading specialized distributor of water, wastewater, storm drainage and fire protection products, and related services, today announced financial results for the third fiscal quarter ended October 30, 2022.

Fiscal 2022 Third Quarter Highlights (Compared with Fiscal 2021 Third Quarter)

Net sales increased 29.4% to $1,818 million Gross profit margin increased 110 basis points to 27.5% Net income increased 63.3% to $178 million Adjusted EBITDA (Non-GAAP) increased 45.5% to $275... More