Core and Main Posts 13% EPS Jump in Q2

Core & Main (NYSE:CNM), a leading distributor of water, wastewater, storm drainage, and fire protection products, released its fiscal 2025 second-quarter earnings on September 9, 2025. The company reported year-over-year growth in net sales, gross profit, and earnings per share. However, higher selling, general and administrative expenses (SG&A) and weaker residential demand led management to lower its full-year financial outlook. Overall, the quarter reflected continued sales momentum, especially in municipal and non-residential end markets, but increasing cost pressures and a challenging residential environment weighed on the near-term outlook.Core & Main is one of the largest specialty distributors of water, wastewater, storm drainage, and fire protection products in the United States. Its primary customers include municipalities, private water companies, contractors, and utilities who rely on these products for the construction and maintenance of water infrastructure.The company's growth strategy centers on expanding its national footprint, investing in technical expertise, pursuing acquisitions, and capitalizing on government infrastructure spending, such as the Infrastructure Investment and Jobs Act (IIJA). Success depends on strong supplier relationships, a diverse customer base, and profit-boosting initiatives like private label product expansion and pricing optimization.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool