Core & Main Aktie News

ST. LOUIS--(BUSINESS WIRE)--Core & Main has closed its previously announced acquisition of Pioneer Supply, a distributor of water, wastewater and storm drainage products.

ST. LOUIS--(BUSINESS WIRE)--Core & Main has entered into a definitive agreement to acquire Pioneer Supply, a distributor of water, wastewater and storm drainage products.

New York City-based Tribune Investment Group acquired 335,000 shares of Core & Main in the third quarter. The position was worth an estimated $18.03 million at quarter-end.

This is a new holding for NIA: 66,437 shares of Core & Main, with a net position change of approximately $3.58 million. The transaction represents a position that comprises 1.2% of reportable assets under management (AUM).

Core & Main delivered a solid Q3 FY25, with revenue and earnings both exceeding analyst expectations. CNM's valuation appears fair, trading at a discount to most peers, but not cheap enough to warrant a bullish upgrade. Management reaffirmed FY25 guidance, highlighted multi-year infrastructure tailwinds, and expanded the share buyback program to $1 billion.

Core & Main, Inc. (CNM) Q3 2026 Earnings Call Transcript

ST. LOUIS--(BUSINESS WIRE)--Core & Main Announces Fiscal 2025 Third Quarter Results.

ST. LOUIS--(BUSINESS WIRE)--Core & Main Announces $500 Million Increase to Share Repurchase Authorization.