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Can Core & Main's (CNM) Growth Story Withstand Its Cautious 2025 Revenue Outlook?
Earlier this week, Core & Main, Inc. reported second quarter sales of US$2.09 billion and net income of US$134 million, both up from the prior year, but also revised its full-year fiscal 2025 sales outlook downward to a range of US$7.6 billion to US$7.7 billion.
This shift featured increased operational performance in the near term alongside a more cautious full-year revenue forecast, highlighting a contrast between recent gains and management's updated expectations.
We'll explore how the...