Core & Main upgraded by Wolfe Research with a new price target

Core & Main, Inc. (NYSE:CNM) ("Core & Main"), a leading specialty distributor dedicated to advancing reliable infrastructure with local service, nationwide, today announced financial results for the fourth quarter and fiscal year ended February 2, 2025. The fourth quarter and fiscal year ended February 2, 2025 represents 14 and 53-week periods, respectively, compared with 13 and 52-week periods for the fourth quarter and fiscal year ended January 28, 2024. Fiscal 2024 Fourth Quarter Results (Compared with Fiscal 2023 Fourth Quarter) Net sales increased 17.9% to $1,698 million Gross profit increased 17.4% to $451 million; gross profit margin of 26.6% Net income decreased 11.8% to $67

Steve LeClair to Transition to Executive Chair Mark Witkowski Appointed CEO and Director; Robyn Bradbury Appointed CFO Core & Main, Inc. (NYSE:CNM) ("Core & Main" or the "Company"), a leading specialty distributor dedicated to advancing reliable infrastructure with local service, nationwide, today announced changes to its executive leadership team as part of the Company's long-term succession planning. After nearly two decades with Core & Main, Steve LeClair, the Company's current chief executive officer, will transition to the role of executive chair, where he will act as an advisor to the business, while continuing to lead the board of directors of Core & Main as chair. Mark Witkowski,

Core & Main Inc. (NYSE:CNM) ("Core & Main"), a leading specialty distributor dedicated to advancing reliable infrastructure with local service, nationwide, will issue its financial results for the fourth quarter and fiscal year ended February 2, 2025, before the market opens on Tuesday, March 25, 2025. Core & Main will host a live conference call and webcast at 8:30 a.m. ET the same day to discuss the company's financial results. The webcast will be accessible via the events calendar at ir.coreandmain.com. The conference call may also be accessed by dialing 833-470-1428 or +1-404-975-4839 (international). The passcode for the live call is 121316. To ensure participants are connected for th

Wells Fargo initiated coverage of Core & Main with a rating of Overweight and set a new price target of $52.00

Citigroup downgraded Core & Main from Buy to Neutral and set a new price target of $64.00 from $63.00 previously

Citigroup upgraded Core & Main from Neutral to Buy and set a new price target of $48.00 from $38.00 previously

4 - Core & Main, Inc. (0001856525) (Issuer)

4 - Core & Main, Inc. (0001856525) (Issuer)

4 - Core & Main, Inc. (0001856525) (Issuer)

8-K - Core & Main, Inc. (0001856525) (Filer)

10-K - Core & Main, Inc. (0001856525) (Filer)

8-K - Core & Main, Inc. (0001856525) (Filer)

Core & Main Inc. (NYSE:CNM), a leader in advancing reliable infrastructure with local service, nationwide, has entered into a definitive agreement to acquire substantially all of the assets of EGW Utilities, Inc. (EGW), a distributor of quality products and services to underground utility contractors and municipalities, based in Texas. "With the acquisition of EGW, we are excited to expand our product offering and service capabilities in the underground utility industry," said Steve LeClair, chairman and CEO of Core & Main. "Their team brings a wealth of knowledge and technical expertise and will be a wonderful complement to our existing business in this area." Located in Carrollton, Te

MAUI, Hawaii, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE:MLP) announced the appointment of two new Independent Directors to its Board, effective January 1, 2024: Catherine Ngo, a seasoned leader at the intersection of finance, technology, and law; and Maui native Ken Ota, a successful local entrepreneur with over 30 years of experience in the construction industry and water infrastructure. "Catherine and Ken embody esteemed leadership and we are honored to add them to our diverse slate of Directors. We look forward to their thoughtful guidance as we chart the course for a future of growth," said Race Randle, CEO of Maui Land & Pineapple Company. "Their e

Core & Main Inc. (NYSE:CNM), a leader in advancing reliable infrastructure with local service, nationwide, has entered into a definitive agreement to acquire substantially all of the assets of Granite Water Works Inc., a provider of water, wastewater and storm drainage products in Minnesota. "The strong local relationships and commitment to dependable service that Granite Water Works will bring to Core & Main will greatly amplify our capabilities and presence in central Minnesota," said Steve LeClair, chief executive officer of Core & Main. Granite Water Works is a leading distributor of high-quality waterworks and subsurface drainage supplies for contractors and municipalities in centr

Core & Main Inc. (NYSE:CNM) ("Core & Main"), a leading specialty distributor dedicated to advancing reliable infrastructure with local service, nationwide, will issue its financial results for the fourth quarter and fiscal year ended February 2, 2025, before the market opens on Tuesday, March 25, 2025. Core & Main will host a live conference call and webcast at 8:30 a.m. ET the same day to discuss the company's financial results. The webcast will be accessible via the events calendar at ir.coreandmain.com. The conference call may also be accessed by dialing 833-470-1428 or +1-404-975-4839 (international). The passcode for the live call is 121316. To ensure participants are connected for th

Core & Main Inc. (NYSE:CNM), a leading specialty distributor dedicated to advancing reliable infrastructure with local service, nationwide, will issue its financial results for the third fiscal quarter ended Oct. 27, 2024, before the market opens on Tuesday, Dec. 3, 2024. Core & Main will host a live conference call and webcast at 8:30 a.m. ET the same day to discuss the company's financial results. The webcast will be accessible via the events calendar at ir.coreandmain.com. The conference call may also be accessed by dialing 833-470-1428 or +1-404-975-4839 (international). The passcode for the live call is 312715. To ensure participants are connected for the full call, please dial in at

Core & Main Inc. (NYSE:CNM), a leader in advancing reliable infrastructure with local service, nationwide, today announced financial results for the second quarter ended July 28, 2024. Fiscal 2024 Second Quarter Results (Compared with Fiscal 2023 Second Quarter) Net sales increased 5.5% to $1,964 million Gross profit increased 3.4% to $518 million; gross profit margin decreased 50 basis points to 26.4% Net income decreased 23.2% to $126 million Diluted earnings per share decreased 7.6% to $0.61 Adjusted EBITDA (Non-GAAP) decreased 4.8% to $257 million; Adjusted EBITDA margin (Non-GAAP) decreased 140 basis points to 13.1% Acquired five new businesses during and after the

SC 13G/A - Core & Main, Inc. (0001856525) (Subject)

SC 13G/A - Core & Main, Inc. (0001856525) (Subject)

SC 13G/A - Core & Main, Inc. (0001856525) (Subject)