CNM Stock Recent News

I downgrade Core & Main to a sell rating due to collapsing residential demand, rising costs, and execution missteps undermining the growth story. 2Q25 results reinforce the bear case: weak organic growth, deteriorating profitability, and a sharp downgrade in residential lot development outlook. CNM management's cost-control efforts will take time, leaving margins pressured and credibility damaged after cutting FY25 EBITDA guidance.

Core & Main, Inc. (NYSE:CNM ) Q2 2025 Earnings Call September 9, 2025 8:30 AM EDT Company Participants Glenn Floyd - Director of Investor Relations & Treasury Mark Witkowski - CEO & Director Robyn Bradbury - Chief Financial Officer Conference Call Participants Brian Biros - Thompson Research Group, LLC Matthew Bouley - Barclays Bank PLC, Research Division David Manthey - Robert W. Baird & Co. Incorporated, Research Division Richard Reid - Wells Fargo Securities, LLC, Research Division Michael Dahl - RBC Capital Markets, Research Division Collin Verron - Deutsche Bank AG, Research Division Patrick Baumann - JPMorgan Chase & Co, Research Division Asher Sohnen - Citigroup Inc., Research Division Julian Nirmal - Truist Securities, Inc., Research Division Nigel Coe - Wolfe Research, LLC Presentation Operator Hello, and welcome to the Core & Main Q2 2025 Earnings Call.

Core & Main (CNM) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.61 per share a year ago.

Core & Main, Inc. CNM will release earnings results for the second quarter before the opening bell on Tuesday, Sept. 9.

The average brokerage recommendation (ABR) for Core & Main (CNM) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?

Core & Main (CNM) closed the most recent trading day at $64.83, moving +1.11% from the previous trading session.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Core & Main (CNM) closed at $65.47 in the latest trading session, marking a +2.76% move from the prior day.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

In the latest trading session, Core & Main (CNM) closed at $61.85, marking a +2.25% move from the previous day.