Core & Main: Mixed Signals in Waterworks Earnings
Update: 2025-09-10
Description
Core & Main's Q2 earnings reveal a mixed bag: revenue up 6.6% but shy of expectations, while profit per share beats estimates. Despite strong municipal project growth, a weak residential market and rising costs force a lowered full-year revenue forecast. The company is now focused on cost-saving measures and strategic acquisitions to navigate challenges and capitalize on long-term infrastructure opportunities.
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